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Canada Child Benefit Increases for 2026-27

Higher tax-free payments begin this month as annual inflation indexing raises support for millions of Canadian families.

The Canada Child Benefit (CCB) has increased for the 2026-27 benefit year, with higher monthly tax-free payments beginning this month. The annual adjustment reflects inflation and raises the maximum benefit to $8,157 per child under age 6 and $6,883 per child aged 6 to 17. The increase provides up to $160 more for younger children and $135 more for older children compared with the previous benefit year.

Nationally, the program supports approximately 3.6 million families raising 6 million children, delivering about $30 billion in annual tax-free payments. Eligibility and payment amounts continue to be based on adjusted net family income, as well as the number and ages of children.

The CCB has been indexed to inflation each year since 2018, ensuring payments keep pace with rising living costs while providing predictable financial support for eligible Canadian families.

Source- CRA News

Ray Dalio: How Investment Bubbles Actually Burst

The trigger is rarely a single event. It is the moment expectations collide with reality.

Ray Dalio argues that investment bubbles do not collapse simply because prices are high. They break when asset prices become disconnected from the cash flows needed to justify them, often fueled by excessive optimism, leverage, and easy credit. As borrowing costs rise or growth expectations weaken, investors begin reassessing valuations, leading to a rapid shift in sentiment.

For long-term investors, Dalio's message is clear: sustainable returns come from disciplined risk management, not chasing markets at their most optimistic.

Is Your Mortgage Still Working for You?

Your mortgage strategy should evolve as your life, income, and priorities change.

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For many homeowners, refinancing is not about taking on more debt. It is about creating flexibility and restructuring existing obligations around current goals.

One of the most common mistakes homeowners make is assuming their existing mortgage is their only option.

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Panama Papers Case Escalates as CRA Pursues Tax Evasion Charges

The latest enforcement action signals that complex offshore tax investigations remain an active priority for Canadian authorities.

A Canada-wide arrest warrant has been issued for Wentao Yang, a British Columbia businessman charged with tax evasion and fraud following a Canada Revenue Agency investigation linked to the Panama Papers. According to the CRA, Yang repeatedly failed to appear in court after nine charges were laid in 2025 against him personally and as a director of Kailas Energy Corp.

The case traces back to the 2016 Panama Papers leak, which exposed offshore financial structures used around the world. In Canada, the CRA identified nearly 900 individuals and corporate entities connected to the leaked records, leading to years of audits, investigations, and enforcement actions.

Source- CTV News

When Doing the Right Thing Still Goes Wrong

Fraser Simpson highlights a case that raises questions about how administrative errors can affect compliant taxpayers.

In his latest video, Fraser Simpson discusses the experience of Alex Pilon, an Ontario taxpayer who received an unexpected $24,274 CRA deposit before filing his tax return. Pilon promptly notified the CRA and returned the full amount. Despite doing so, he later lost access to his CRA account, and his file was placed under review.

@taxmechanic

This story isn't just about a mistaken $24,274 CRA refund. It's about what can happen when a taxpayer's file gets stuck under review. Dela... See more

More than 18 months later, Pilon says he is still waiting for over $3,300 in legitimate tax refunds and GST/HST credits. The case comes as complaints against the CRA have increased, with concerns that staffing shortages in processing teams continue to delay taxpayer files.

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