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Congratulating this year’s successful class of Common Final Examination writers

Every year we have the opportunity to welcome new team members to the KRP LLP family. And every year we’re reminded of the wealth of talent across Canada’s accounting industry—not to mention the passion and commitment to service excellence that these young professionals bring to our firm and our sector. Their dedication is truly inspiring. […]

Latest Insights

Parliament Hill in Ottawa, where Federal Budget 2026 was tabled.

Federal Budget 2026 proposes new tax benefits for business without major tax reforms

“Events, dear boy, events.” The quote attributed to former British Prime Minister Harold Macmillan…
Queen's Park, where the This week the Ontario government tabled the 2026 Ontario Fall Economic Statement was tabled

2026 Ontario Fall Economic Statement offers tax cut for business, projects higher deficits

The Canada-U.S. trade war was always going to inflict significant economic casualties on this side…
A photo of a government of Canada sign, symbolizing Prescribed Rate for Q4 2026

Canada Revenue Agency prescribed rate unchanged for Q4 2026

The Canada Revenue Agency prescribed rate will hold steady at 3 per cent for the fourth quarter of…
Automated factory machinery that can be expensed using the Productivity Mega Deduction

New Productivity Mega Deduction to allow 100 per cent expensing of expanded range of capital assets

The federal government yesterday announced a significant new measure that will allow the immediate…
An illustration of two ships depicting the Canada-U.S. trade war

How SMEs (directly impacted or not) can respond to the escalating Canada-U.S. trade war

On Saturday, Canada’s business owners awoke to a new trade crisis, one that has the potential to…
CRA Prescribed Rate Q3 2026 announced at the Connaught Building in Ottawa

Prescribed rate holds steady for Q3 2026

The Canada Revenue Agency prescribed rate will remain unchanged at 3 per cent for the third quarter…
Harris Kligman, former KRP LLP Tax Partner

Remembering long-time KRP tax partner Harris Kligman

It is with great sadness that we share the passing of a long-time KRP LLP team member. Former…
Business people discussing the Ontario Small Business tax cut

2026 Ontario Budget small business tax cut paired with less favourable tax changes

Always read the fine print. It’s a rule of thumb that can help mitigate risk and avoid a plethora…
The Centre Block of Parliament Hill, where Spring Economic Update 2026 was tabled

Federal Spring Economic Update 2026 offers incremental tax, business growth measures

When Mark Carney came to power in March 2025, the Liberal party’s continued minority status in…

“Volvo of Mississauga has retained KRP for our corporate and personal accounting services for over 35 years. We have a one-on-one relationship with the people who manage our accounts, many who have been with KRP for years. They know and understand our business and offer creative ideas on how we can grow in new directions.”

Robert McMillan
Dealer Principal of Volvo of Mississauga McMillan & Saunders Inc.

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