Keep on top of member updates and important issues, trends and
regulatory changes that impact your clients and your business.
2026 pre-budget submission to Finance Canada
Our pre-budget submission to Finance Canada in advance of Budget 2026 recommends that the federal government promptly: Begin its promised review of the corporate tax system, including a focus ...
Submission to Finance Canada on Tax on Split Income (TOSI) rules: The case for tax simplification
The Tax on Split Income (TOSI) rules are widely regarded as one of the most complex areas of Canadian personal tax law, and impose significant compliance and administrative costs on ...
Cross-Border Life Insurance Planning: A Canadian-U.S. Case Study
This CALU Report analyzes the intersection of Canadian and United States tax law, specifically focusing on the use of corporate-owned life insurance within a closely held Canadian private corporation. ...
Akhavan v. The King: Taxation of return of premium benefits
This short publication discusses the tax treatment of a return of premium (ROP) benefit from the maturity of a term life insurance policy, based on a recent Tax Court ...
CALU Practice Note: Bare trusts and life insurance
Bare trusts have long been used for personal and business planning purposes, and in recent years, have also been used to own life insurance policies. Read the public summary ...
INFOexchange 2026 vol. 2 is now available!
In our second INFOexchange of 2026, you’ll read: ✔️ First message from CALU’s Board Chair for 2026-2027, Laura Klaehn ✔️ Expert article on “Tips for estate planning with Letters of Wishes” ...
CALU Special Report: 2026 CRA-Finance Roundtable
Following from the Canada Revenue Agency (CRA) and Finance Canada Roundtable held at our 2026 Conference & AGM, this CALU Special Report provides the full text of the written ...
Look out for third-party civil penalties
This publication examines a revised circular from the Canada Revenue Agency (CRA) that expands the circumstances in which it may apply third-party penalties, and the potential implications for those ...
Calmusky revisited
This Tax Byte discusses a recent Ontario Supreme Court decision – Kunka Estate v. Giasson – which confirmed that beneficiary designations on registered plans (such as TFSAs and RRIFs) ...
Bill C-31 – Items of interest
This Tax Byte highlights items of interest to CALU members from Bill C-31, A second Act to implement certain provisions of the budget tabled in Parliament on November 4, ...
CALU 2026 pre-budget submission to Standing Committee on Finance
Our pre-budget submission to the Standing Committee on Finance in advance of Budget 2026 recommends that the federal government: Promptly begin its promised review of the corporate tax system, ...
INFOexchange 2026 vol. 1 is now available!
In our first INFOexchange of 2026, you’ll read: ✔️ Final message from CALU’s Chair of the Board of Directors for 2025-2026, Sterling Rempel ✔️ Advocacy update from the Chair ...
