Lori Haines CPA Professional Corporation

09/20/2026

When in doubt, call 1 800 O-Canada (1-800-622-6232) and ask them to confirm the email is valid.

If it seems suspicious, DON’T reply or click on links in the email.

🔗 https://www.canada.ca/en/employment-social-development/corporate/portfolio/service-canada/fraud.html

09/20/2026

09/20/2026

TaxTips.ca - Books and records must be maintained by an individual or by a business, and some records must be kept until long after a corporation is dissolved

08/17/2026

Starting in fall 2026, eligible recipients of the Canada Disability Benefit (CDB) will receive a one-time supplemental payment of $150 to help offset the cost of obtaining the Disability Tax Credit.

Previously received the Canada Disability Benefit? You may still qualify for this supplemental payment, even if you no longer receive the benefit.

The Canada Disability Benefit provides direct financial support to people with disabilities who are between 18 and 64 years old.

Details: https://www.canada.ca/en/services/benefits/disability/canada-disability-benefit.html

08/17/2026

Access a range of supports, including:
✅ training opportunities
✅ job search tools
✅financial support to help prevent layoffs
✅ flexible EI options.

For tariff-impacted employers and workers alike, this support can make a difference.
🔗More info: www.canada.ca/tariff-support

05/01/2026

Newfoundland & Labrador released its provincial budget on April 29, 2026. Following are some highlights impacting taxation and a link to the budget release.

- The small business corporate income tax rate will be reduced by 0.5% per year for the next 3 years, beginning Jan 1/26.
- There were NO changes to the personal income tax rates.
- The Basic Personal Amount is increased from $11,188 to $15,000. The Basic Personal Amount is the minimum amount of income you can earn before paying provincial tax. This increase will result in an increase in your net employment income.
- The Volunteer Firefighter and the Search and Rescue Tax
Credits will be doubled to $6,000 (from $3,000) to match the federal credit amount of $6,000.
- The Newfoundland and Labrador Seniors’ Benefit will be increased by 20%, effective July 1, 2026.

All budget details can be found in the following link. Any questions, just let me know!

Budget 2026

05/01/2026

Young Canadians are facing real challenges as they try to finish their education, build their career, and get ahead.

To make post-secondary education more accessible and help ease financial pressure on students and recent graduates, the government is taking steps to strengthen the Canada Student Financial Assistance Program.

https://ow.ly/qxKG50YSxaA

05/01/2026

💲Need to confirm a payment or check your balance?

You don’t need to call us! You can view all your payment info online in your CRA account.

After you sign in, go to My Account and follow these steps:

1. Select “Accounts and payments.”
2. You’ll see your account balance, upcoming payments, and instalment details.
3. From there, you can also:

➡️ View your payment history
➡️ Transfer a credit to another balance owing
➡️ Make a payment online

📲 Sign in to or register for a CRA account to review your payment info and manage your account online: https://www.canada.ca/en/revenue-agency/services/payments/payments-cra.html?utm_content=2026-03-27_2142

[Image description: A person sits at a desk in front of a computer. They’re holding a pen in one hand, and eyeglasses in the other.]

05/01/2026

Many hard-working Canadians are feeling the strain of high costs for essentials, housing, and everyday expenses. Helping ease affordability pressures remains a priority.

The announces proposed changes to lower the base Canada Pension Plan contribution rate, from 9.9% to 9.5% starting January 1, 2027, putting more money back in Canadians’ pockets while protecting the plan’s long term sustainability.

For someone earning $70,000 a year, this translates into annual savings of about $133, with equivalent savings for their employer. https://ow.ly/pVGe50YTyxE

04/09/2026

This is a great tool from TaxTips to estimate the taxes owing on different sources of income!

TaxTips.ca - 2026 & Earlier Basic Canadian income tax calculator - Total taxes for each province, marginal tax rates for capital gains, eligible and non-eligible Canadian dividends, and other income.