CRA | Investment Executive https://www.investmentexecutive.com/tag/cra/ Canada's news source for financial professionals Thu, 04 Dec 2025 15:18:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png CRA | Investment Executive https://www.investmentexecutive.com/tag/cra/ 32 32 CRA warns against circular CI insurance scheme https://www.investmentexecutive.com/news/cra-warns-against-circular-ci-insurance-scheme/ Thu, 04 Dec 2025 15:18:18 +0000 https://www.investmentexecutive.com/?p=526991 Manoeuvre aims to dodge taxes with offshore insurance

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]]> CRA asked to speed up T1 adjustments for people with disabilities https://www.investmentexecutive.com/news/cra-asked-to-speed-up-t1-adjustments-for-people-with-disabilities/ Wed, 03 Dec 2025 20:39:13 +0000 https://www.investmentexecutive.com/?p=526931 Processing times can take up to 50 weeks: Taxpayers' Ombudsperson

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]]> CRA announces prescribed rate for Q1 2026 https://www.investmentexecutive.com/news/cra-announces-prescribed-rate-for-q1-2026/ Thu, 20 Nov 2025 16:36:59 +0000 https://www.investmentexecutive.com/?p=525936 Agency confirms the interest rate on overdue tax will remain 7% in the first quarter

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]]> Liberal tax promise tracker: Post–Budget 2025 edition https://www.investmentexecutive.com/news/liberal-tax-promise-tracker-post-budget-2025-edition/ Wed, 19 Nov 2025 15:46:12 +0000 https://www.investmentexecutive.com/?p=525616 Here's the status of major tax proposals for individuals and businesses

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]]> Get bad advice from CRA? You’re out of luck, taxpayer https://www.investmentexecutive.com/news/get-bad-advice-from-cra-youre-out-of-luck-taxpayer/ Wed, 22 Oct 2025 20:16:20 +0000 https://www.investmentexecutive.com/?p=523376 Don't rely on the CRA's 'notoriously wrong' info line, lawyer says

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]]> CRA call centres gave too many taxpayers bad advice, auditor general says https://www.investmentexecutive.com/news/cra-call-centres-gave-too-many-taxpayers-bad-advice-auditor-general-says/ Tue, 21 Oct 2025 18:13:37 +0000 https://www.investmentexecutive.com/?p=523270 The AG's office placed calls to CRA contact centres over four months this year, asking general questions

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]]> CRA improvements include self-service options, TFSA website info https://www.investmentexecutive.com/news/industry-news/cra-improvements-include-self-service-options-tfsa-website-info/ Tue, 21 Oct 2025 09:16:44 +0000 https://www.investmentexecutive.com/?p=523127 Changes tackle the burden of phone calls and service backlogs

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]]> CRA says bare trusts won’t have to file for 2025 unless legislation is ‘enacted well in advance’ of tax-filing deadline https://www.investmentexecutive.com/news/cra-says-bare-trusts-wont-have-to-file-for-2025-unless-legislation-is-enacted-well-in-advance-of-tax-filing-deadline/ Fri, 17 Oct 2025 20:15:33 +0000 https://www.investmentexecutive.com/?p=522926 Legislative changes aren't yet in a notice of ways and means motion

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]]> CRA reports progress as call centre improvement plan hits 50-day mark https://www.investmentexecutive.com/news/cra-reports-progress-as-call-centre-improvement-plan-hits-50-day-mark/ Fri, 17 Oct 2025 13:19:16 +0000 https://www.investmentexecutive.com/?p=522881 Centres now answering 77% of incoming calls, addressing backlogs

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]]> Carney previews items in budget, including automatic tax filing https://www.investmentexecutive.com/news/carney-previews-items-in-budget-including-automatic-tax-filing/ Fri, 10 Oct 2025 20:04:43 +0000 https://www.investmentexecutive.com/?p=522499 Measure to cover up to 5.5 million low-income taxpayers by the 2028 tax year

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