The combined federal-Ontario small business tax rate fell from 12.2% to 11.2% today, but the personal dividend credit that offsets it will not adjust until January 2027. What the six-month gap means for incorporated clients, and who needs to prorate.

The CRA's July 1 update raises BC withholding to 6.14% for the rest of 2026, catching up a retroactive provincial rate change that only became law in February. Every other province's payroll tables are unchanged.

The CRA confirmed the family loan rate stays at 3 percent through September, the longest stretch of stability since the 1 percent era ended in 2022. With Government of Canada yields still above 3 percent, the income splitting window has not closed.

The July 1 non-renewal changed no tariff rates, but it shifted Canadian business owners from a six-year trade policy horizon to an annual one.

CRA's family income splitting loan rate stays flat through September, while a narrower corporate rate quietly ticked higher.

Bond yields have risen on this year's inflation shock, but the rate that governs income splitting loans has not moved. The widening gap is a planning window, not a footnote.

CCPC owners and families running income splitting loans get another confirmed quarter at the lowest prescribed rate since 2022, with a deadline that is not indefinite.

Clients renewing fixed mortgages in late 2026 were counting on bond yields drifting down. New Fed Chair Kevin Warsh just made that less likely, even with the Bank of Canada on hold.

The rate families use to split income through prescribed rate loans holds for a fifth straight quarter. A firmer Fed signal this afternoon is exactly the kind of input that moves the Treasury bill yield the next announcement is built from.

Canadian energy names have shed 20-plus percent from their 2026 peaks in two weeks. For clients holding appreciated oil sector positions inside CCPCs, the capital gains inclusion rate and the timing of any disposition decision are suddenly back in play.

The peace announcement changes the oil inflation calculus precisely when 1.8 million Canadian mortgages are hitting their renewal peak. The planning implications are time-sensitive.

The proposed inclusion rate hike was cancelled in March 2025. The LCGE increase was not. These two facts change the planning calculus for every incorporated client.

The CRA has locked the prescribed rate at 3% for Q3 2026. The Bank of Canada decides tomorrow. If Macklem signals a hike is coming, Q4's prescribed rate rises and the income-splitting window that has been open since mid-2025 narrows further. Clients who are not yet in a prescribed rate loan structure are running out of optionality.

With the Bank of Canada widely expected to hold at 2.25% on June 10, clients renewing this year face a defined planning window. The numbers are worse than most advisors have communicated, and the account-level strategy is more nuanced than the headline rate suggests.

Canadian energy stocks have surged 69% or more in 2026 on Hormuz-elevated oil. For clients holding those gains in non-registered accounts, the planning conversation is urgent and specific: when to realize, how to shelter, and which account type governs the answer.

Energy positions sitting on large unrealized gains, a confirmed 50% capital gains inclusion rate, and $109,000 in cumulative TFSA room: the conditions for a mid-year rebalancing conversation are better than they have been in three years.