Navigate the impactful changes of the 2025 Federal Budget on personal and business taxation. Gain clarity and actionable insights to optimize financial strategies amidst new tax measures.

This course will provide an in-depth analysis of budget changes, focusing on tax implications, financial planning strategies, and regulatory changes that will shape the business landscape.
Presented by Nadia Rusak, who is a lawyer specializing in Canadian and international tax law, and Manu Kakkar, an award-winning tax expert, this course is designed for CPAs and financial professionals who need to stay informed and make strategic decisions in response to the new Federal Budget.
Upon completion, you will be able to:
Each module provides a clear, concise breakdown of these topics, ensuring you are well-equipped to advise clients and make informed decisions in response to the 2025 Federal Budget.

AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.

CPA, CA, TEP, MTAX
Manu has over 20 years of experience in taxation in both domestic and international, personal and corporate taxation as well as litigation support. He runs his own independent tax practice with offices in Montreal and Toronto, serving a diverse client base which includes manufacturing, retail and distribution, construction, farming, real estate, athletes and artists, across Canada and the US. His firm acts as a counsel to over 100 professional firms in Canada and USA specializing in domestic and international reorganizations and transactions. Manu is known as one of the leading experts in Section 55 of the Act and butterfly reorganizations. He is an award winning and prolific tax writer. His Master of Taxation thesis on butterfly reorganizations won 2 awards and was published in the Canadian Tax Journal. Manu has published and presented over 250 tax articles and presentations since 2001 across Canada. Manu is an authority in taxation as his name has been cited 29 times in the Income Tax Act. Manu has taught tax at The Canadian Institute of Chartered Professional Accountants, The Canadian Tax Foundation and The Society of Trust and Estate Practitioners, of and various provincial accounting bodies across Canada. He sits on the Steering Committees for the Canadian Institute of Chartered Professional Accountants’ National Conference on Income Taxes; the Canadian Tax Foundation Laval Program Committee; CPA Canada’s Small and Medium Practitioner’s Tax Committee; and the Canadian Tax Foundation’s Ontario Tax Conference. Manu is currently serving a three-year term on the Canadian Tax Foundation’s Board of Governors.

Canadian and International Tax Lawyer
Nadia is a lawyer with extensive experience in Canadian and international business law, tax planning, and tax dispute resolution. Having spent over 10 years advising and defending some of the most sophisticated public companies and institutional investors operating in Canada and internationally, Nadia now devotes her practice entirely to private clients, including entrepreneurial businesses, private investment funds, individuals, families, and charitable organizations. Key areas of expertise: Reorganizing businesses to make them more competitive from a tax perspective; Structuring transactions, investments, and divestments to maximize after-tax proceeds; Representing taxpayers before Canadian and foreign tax authorities; Managing sensitive voluntary disclosures; Developing estate and succession plans; Planning for individual and business immigration and emigration; Assessing the risks and opportunities of complex tax strategies, financial products, and offshore structures. Nadia frequently collaborates with accounting firms on implementing tax plans. This includes drafting legal agreements and reorganizing companies to meet intended structuring objectives. She also manages sensitive files on behalf of accounting firms, serving as a liaison between accountant and client, to ensure that their professional services are covered by solicitor-client privilege. Nadia is a frequent speaker at Canadian and international tax conferences, including CTF, APFF, IFA and ABA. Nadia is a course lecturer in Taxation and Corporation Taxation at the Faculty of Law, McGill University, and a sessional lecturer in International Taxation at the Master's Tax Program, HEC.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.