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2026 Federal Budget Update

Navigate critical tax reforms, key spending shifts, and new regulatory priorities to future-proof your financial strategy and ensure compliance.

Created byCPA Solutions LLP Year
emoji_eventsEditor's Pick· 5.0/5All LevelsUpdated Nov 6, 2026

What You'll Learn

  • check_circleIdentify major tax and policy changes introduced in the 2026 Federal Budget
  • check_circleExplain the potential implications of new budget measures for owner-managed businesses
  • check_circleAssess how federal budget changes may affect business and personal tax planning
  • check_circleApply relevant budget updates to practical scenarios involving business owners and their advisors
  • check_circleIdentify planning considerations and potential actions arising from the 2026 Budget

About This Course

Join us for a focused review of the 2026 Federal Budget, recorded the day after its release by a panel of tax practitioners. The panel walks through the announcements, with simplification as the central theme, and their practical implications for individuals, investors, business owners and practitioners.

Topics include:

  • Personal tax: Refundable Canada Caregiver amount, new optional flat-amount claims and medical expense changes
  • Investment incentives: The $15 million Canada Growth Incentive, expanded small business rollover and broader SR&ED scope
  • Filing and administration: Higher instalment thresholds, a May 15 filing deadline, longer objection periods and doubled T1135 thresholds
  • Corporate and international: EIFEL relief, Part VI.1 exemption for CCPCs, stricter penalties and reduced withholding on taxable Canadian property
  • Open consultations: RRSP for life, preferred shares and corporate loss transfers

The panel distinguishes proposed measures from enacted rules and flags effective dates, open questions pending draft legislation, and planning considerations arising from the announcements.

Course Content

1 activity • 1 videos • duration: 1h 38m

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Recording1 videos • 1.6 hours
  • videocam2026 Federal Budget Update
    Duration 98:22

Your Instructors

CPA Solutions LLP Year

Tax Structuring, Planning & Reporting

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At CPA Solutions we provide services throughout the cycle of a tax transaction from setting up creative domestic or cross border structures to implementing those structures and finally reporting them on the tax returns. Our knowledge of Canadian and US taxation coupled with an understanding of the accounting concepts enables us as a practitioner to provide a complete overall service to achieve our clients needs. We strive to only enhance your practice in ways a larger firm can achieve through their in-house tax department.

Alex Ghani, CPA CA, CGA, CPA

Partner at CPA Solutions LLP

Alex is a member of the Institute of Chartered Accountants of Ontario (CA), the Certified General Accountants of Ontario (CGA), and is a Certified Public Accountant (CPA) licensed to practice public accounting by the State of Texas. He has completed all three levels of the CICA In-Depth Tax Course. He has over 17 years of experience working in the accounting departments of large companies and as a public practitioner. Over the years, Alex helped many private clients with their tax structuring and estate planning needs. Furthermore, Alex also assists in Canadian and US tax compliance and other tax-related matters. Alex is heavily involved in the tax community and is a member of the Canadian Tax Foundation (CTF). He has published articles for the CTF and presented at various events for the CTF. In addition to this, Alex has also presented at events for CPA Ontario and other industry-specific events. Finally, he also facilitates the CPA Canada In-Depth Tax Course.

Boris Volfovsky, CPA, CA

Partner at CPA Solutions LLP

Boris has over 17 years of experience in public practice. Before becoming a partner at CPA Solutions LLP, Boris worked as a senior tax manager in the private enterprise group at one of the big four national firms. Boris has vast experience working with owner-managers and their small, medium, and large private corporations across industries. In addition, Boris is also involved in the tax community through the facilitation of the In-Depth tax courses, facilitation of tax week under the former School of Accountancy and through presenting on various tax topics at YDCPAA, PD Consortium and AJAG.

Manu Kakkar

CPA, TEP, Mtax, BSc(Hons)

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 with a team of professionals consisting of tax lawyers and tax accountants. His firm services 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 125 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 450 tax articles and presentations since 2001 across Canada. Manu is an authority in taxation as his name has been cited 41 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. Manu has sat or 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 served a three-year term from 2016-2019 on the Canadian Tax Foundation’s Board of Governors.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

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.

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Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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