Case Analysis: Why a business must demonstrate actual business activities before applying for business tax deductions

David J Rotfleisch examines the case of a chartered professional accountant who claimed business expenses for a company he cofounded in Prince Edward Island

How the CRA uses 'nudge letters' with online sellers to increase uptake of Canada's VDP

Canada Revenue Agency uses nudge letters to prompt taxpayers to review their tax affairs, ensure compliance, and access the Voluntary Disclosures Program

Sunday News Roundup 25.05.25: CPA Ontario dues, CPAs on AI in HBR online, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes social media commentary on CPA Ontario dues, an HBR article on AI board use authored by CPAs, and more

Alberta: Jasper's chamber of commerce critical of municipal budget

Businesses in Jasper say they’re paying for the 2024 wildfires caused by climate change, but the province has kicked in $2.5M for lost property tax revenue

Case Analysis: Why a business must demonstrate actual business activities before applying for business tax deductions

David J Rotfleisch examines the case of a chartered professional accountant who claimed business expenses for a company he cofounded in Prince Edward Island

How the CRA uses 'nudge letters' with online sellers to increase uptake of Canada's VDP

Canada Revenue Agency uses nudge letters to prompt taxpayers to review their tax affairs, ensure compliance, and access the Voluntary Disclosures Program

Sunday News Roundup 25.05.25: CPA Ontario dues, CPAs on AI in HBR online, and more Canadian accounting news

Our weekly Canadian accounting news roundup includes social media commentary on CPA Ontario dues, an HBR article on AI board use authored by CPAs, and more

Alberta: Jasper's chamber of commerce critical of municipal budget

Businesses in Jasper say they’re paying for the 2024 wildfires caused by climate change, but the province has kicked in $2.5M for lost property tax revenue

Accounting News

Profession

Canadian Public Accountability Board eases enforcement action against PKF Antares

Alberta accounting firm allowed to accept new medium-risk reporting issuer audit clients, but some restrictions remain, says Canadian audit watchdog CPAB
Practice

Tax Court Of Canada is not ‘slap-dash,' nor tolerates sloppy examination for discovery

David J Rotfleisch explains why the Tax Court of Canada, in Whistler Blackcomb Holdings Inc. v The King, 2025, dismissed the CRA's motion for a new nominee
Profession

US audit watchdog finds multiple deficiencies in Vancouver accounting firm Smythe LLP audits

The US Public Company Accounting Oversight Board determined Smythe LLP had a 100 per cent deficiency rate in three 2023 audits the PCAOB inspected in 2024
Municipal

New Brunswick: New municipal fiscal framework announced by N.B. government

Expanded funding from the province is welcome news to New Brunswick municipalities, but a property assessment freeze has withered its delivery
Profession

Sunday News Roundup 25.05.04: Federal election disappoints accountants and more Canadian accounting news

Our weekly Canadian accounting news roundup includes election disappointment among conservative accountants, the PCAOB fighting to survive, and more.
Profession

Which Big Four accounting firm failed its annual inspection (again)? Maybe we’ll find out in 2026

The Canadian Public Accountability Board has released its annual inspection results. One Canadian firm continues to show no public audit improvement

Trump, tariffs and Canadian tax strategies: There must be 50 ways to leave your country

Allan Lanthier explains how some Canadian corporations have redomiciled to the United States and why there may be more to come unless changes are made





CPAs in 2025: Frustrated, overworked, and underappreciated

From uncertainty to compliance to staffing, Chartered Professional Accountants say their stress is not offset by client appreciation, reports Dean Blachford