Accounting standards are becoming so complicated, says Philip Maguire, CPA, CA, that we have lost the ability to explain the results

Chad Davis and Josh Zweig, co-founders of LiveCA, talk to Ben Richmond of Xero about professional practice and how to meet the moment as a modern accountant

Canada’s natural assets could one day be reflected in government financial statements, says Bailey Church of KPMG, as the tides of accounting are shifting

A feature report from Brampton, Ontario on the history of carbon pricing in Canada and how the consumer carbon tax was sacrificed in a political chess game

Now is the time for Canada to advance tax literacy, as both authorities and society as a whole can strengthen democracy and build a more informed public

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

After months of sustained pressure from municipalities and media, Alberta has announced a working group to solve issue of unpaid oil and gas property taxes

Closing a dispute that had lasted for more than 10 years, the Federal Court of Appeal overturned a Tax Court waiver decision, explains David J Rotfleisch

While the tax could be replaced by an equally effective tool, its repeal increases uncertainty about Canada’s ability to support climate change mitigation

The Canada Revenue Agency is now offering guidance on the application of the amended GAAR through a webpage, explains Raffaella Garofalo of Miller Thomson

With its rules now changed, the Canadian Public Accountability Board will begin to name names in its annual audit inspection reports, beginning in Q1 2026

Our weekly Canadian accounting news roundup includes Mark Carney and his Brookfield track record, accounting firm dealbook, articles of interest and more

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

A nil assessment is an objection exception because it is not an assessment and hence cannot be objected to or appealed from, explains David J Rotfleisch

Rural Municipalities of Alberta says it’s well-known in the oil and gas sector that municipalities are powerless to compel payment of unpaid property taxes

The central plank of Ottawa’s emission-reduction plan requires companies to pay a carbon price if they exceed a certain threshold of emissions intensity

The decision emphasizes the duty of the CRA in Tax Court pleadings and serves as a procedural safeguard for Canadian taxpayers explains David J Rotfleisch

Public Company Accounting Oversight Board levies US$700k against KPMG Canada, US$3.375 million in total against nine member firms of global network

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

From Dow Chemical to Coopers Park, Dominic Bédard-Lapointe, Anu Koshal and Al-Nawaz Nanji of McCarthy Tétrault review each case and its impact on taxation

In Enns V Canada, 2025 FCA 14, the timing of an RRSP transfer was critical to the decision, explains Canadian accountant and tax lawyer David J Rotfleisch

B.C. doesn’t use the American thermal coal that passes through its ports, but the province is a key player in the global coal market, moving US coal to Asia

Wrapping up the odds and ends from the past week in Canadian accounting news

Four years of trade wars and tariffs from the Trump administration could slash East Coast jobs and bring misery to Maritime premiers says political analyst

Muncipalities auction properties for the amount in property taxes owed (with a minimum tender bid) and will advertise sales in local and government media