Celestial Accounting Services Ltd.

2025 Federal Budget
Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the federal budget on November 4, 2025. Looking for a summary, you can read it here.

Parent payment application deadline of November 14, 2025 is coming up.

Parent supports during school closure Supports for families during labour action in schools, including learning resources, a parent payment program and child care options.

It's very important for all personal and corporate clients to have access to their CRA Accounts. See the steps below if you need help getting back into it.

Managing your taxes just got easier with our new self-serve option for your CRA account. If you’ve forgotten your CRA user ID, password, or the answers to your security questions, you may be able to regain access without calling us: https://ow.ly/ebYS50Xl7uB

This enhancement is part of our ongoing efforts to expand digital self-service options, in line with our 100-Day Service Improvement Plan.

Find out more about this and what else we’re working on: https://ow.ly/X3AO50Xl7uC

[Image description: A person using a laptop at a table in an indoor space. The text "Regain access to your CRA account" is displayed on the left.]

Great upcoming local workshop on budgeting, hosted by Community Futures!

💸 𝗦𝘁𝗿𝗲𝘁𝗰𝗵 𝗬𝗼𝘂𝗿 𝗗𝗼𝗹𝗹𝗮𝗿𝘀: 𝗔𝗗𝗨𝗟𝗧 𝗕𝗨𝗗𝗚𝗘𝗧𝗜𝗡𝗚! 💸

Feeling like your money never stretches far enough? 🤔 Whether you’re just starting out, managing your first paycheck, or looking to sharpen your financial skills, Stretch Your Dollars is here to help you take control and make every dollar count. 🌱💚

In this interactive workshop, you’ll learn practical, real-life strategies to manage your finances and build a spending plan that actually works.

𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂’𝗹𝗹 𝗴𝗮𝗶𝗻:
✅ Budgeting Basics: Understand your income, expenses, and how to set achievable financial goals. Learn what a budget really is, track where your money goes, and make smart decisions.
✅ Stretch Your Dollars: Discover ways to cut costs, save smarter, and even boost your income. Learn tips to reduce unnecessary expenses and make your money work harder for you.
✅ Build Your Spending Plan: Create a step-by-step, personalized plan to manage your finances every month. Learn to track spending, adjust for unexpected costs, and make your budget a tool for success—not stress.

𝗣𝗥𝗢𝗚𝗥𝗔𝗠 𝗢𝗨𝗧𝗖𝗢𝗠𝗘𝗦:
💡 Set realistic financial goals
💡 Track income and expenses effectively
💡 Build a spending plan you can actually follow
💡 Learn strategies to save, reduce debt, and increase financial freedom

𝗘𝗩𝗘𝗡𝗧 𝗗𝗘𝗧𝗔𝗜𝗟𝗦:
📅 Date: Wednesday, October 22, 2025
⏰ Time: 5:30 PM – 8:00 PM
📍 Location: Holiday Inn Express & Suites, Slave Lake
💰 Cost: FREE (includes light snack!)

𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗛𝗲𝗿𝗲: https://vist.ly/4ahf4

Whether you’re just starting your financial journey or want to sharpen your money management skills, this is your chance to take control of your finances and feel confident about your future.

📣 Don’t wait—reserve your spot today and learn how to stretch your dollars, plan ahead, and make your money work for you!

Here is a great option for Alberta Women Business Owners, chat with Community Futures to see if it might be a good fit for you.

📣 𝗪𝗼𝗺𝗲𝗻 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀: 𝗜𝗺𝗮𝗴𝗶𝗻𝗲 𝘂𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘂𝗽 𝘁𝗼 $𝟭𝟬,𝟬𝟬𝟬—𝗔𝗡𝗗 𝗸𝗲𝗲𝗽𝗶𝗻𝗴 $𝟮,𝟱𝟬𝟬. 💰 Let’s make it happen!👩

The 𝗔𝗹𝗯𝗲𝗿𝘁𝗮 𝗪𝗼𝗺𝗲𝗻’𝘀 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘆 – 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗚𝗿𝗼𝘄𝘁𝗵 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲 𝗟𝗼𝗮𝗻 (𝗖𝗚𝗜) is now available, and it’s designed specifically to support women entrepreneurs just like you! Whether you're growing your business, launching something new, or exploring an exciting opportunity — this loan can help you move forward with confidence.

✅ 𝗔𝗽𝗽𝗹𝘆 𝗳𝗼𝗿 𝘂𝗽 𝘁𝗼 $𝟭𝟬,𝟬𝟬𝟬 𝗶𝗻 𝗰𝗼𝗻𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹𝗹𝘆 𝗿𝗲𝗽𝗮𝘆𝗮𝗯𝗹𝗲, 𝘂𝗻𝘀𝗲𝗰𝘂𝗿𝗲𝗱 𝗳𝘂𝗻𝗱𝗶𝗻𝗴
𝗔𝗻𝗱 𝗵𝗲𝗿𝗲’𝘀 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁: If you repay 75% of the loan within 5 years, the other 25% is 𝗳𝗼𝗿𝗴𝗶𝘃𝗮𝗯𝗹𝗲!

This means you could receive up to $2,500 as a grant if you pay back the rest on time. 👏

👩‍💼 𝗘𝗹𝗶𝗴𝗶𝗯𝗶𝗹𝗶𝘁𝘆:
🔹 Are a 𝘄𝗼𝗺𝗮𝗻 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿 who owns at least 50.1% of a business
🔹 Live in Alberta and have a business registered in Alberta
🔹 Are you a Canadian Citizen or Permanent Resident
🔹 Own a small or medium-sized business (under 500 employees and less than $20M in revenue)

This is your opportunity to grow, invest, and create lasting impact — without the stress of traditional loan requirements.

𝗩𝗶𝘀𝗶𝘁 𝗼𝘂𝗿 𝗽𝗮𝗴𝗲 𝗮𝗻𝗱 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲:
🔗 https://vist.ly/3n77g4v

✨ Let’s build something incredible—together.
𝗛𝗮𝘃𝗲 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀? Reach out to our team at: [email protected] or call at 780-849-3232. We’re here to help!

Just a friendly reminder that the deadline to drop off your personal taxes will be April 15th. Thank you for your assistance.

Send a message to learn more

An important update on the changes to Capital Gains, they are now deferred to January 1, 2026.

The Government of Canada is deferring the date on which the capital gains inclusion rate would increase to January 1, 2026 to provide certainty to Canadian taxpayers and businesses. To ensure most middle-class Canadians do not pay more tax once the capital gains inclusion rate is increased, the government will maintain or enhance existing capital gains exemptions while creating a new investment incentive.

Learn more about what this means for you: https://ow.ly/e1B950URh43

GST/HST Vacation - Information from CRA

CRA says: "Businesses who make reasonable efforts to comply with the legislation will not be the focus of our compliance actions.
We will be focusing on situations where businesses willfully and egregiously refuse to comply with the temporary measures, such as a business that collects the GST/HST and does not remit it to the CRA."
This is from their page at the link below.

https://www.canada.ca/en/services/taxes/child-and-family-benefits/gst-hst-holiday-tax-break.html

📣 The new Canadian Dental Care Plan will be rolled out using a phased approach.

Take note of each group and application start date. Potentially eligible Canadian seniors 87+ who receive a letter will be able to apply as of December 18, 2023.

Help us spread the word by sharing this post. For even more info, head to: https://ow.ly/9w7l50QhZfp

The deadline is coming up. We will be working on these forms for those that have contacted us and for those we know are affected next week. Make sure you use the self-assessment tool.

📣 Attention!

We need to receive your Underused Housing Tax returns and payments by October 31st, 2023.

Check out our new self-assessment tool to help you find the information you need! ➡️ https://ow.ly/xIcx50PTUuE

[Image description: Grey, red, and white contemporary houses with young trees in the front yards sit side by side on a residential street. Text that reads: “Underused Housing Tax”.]

Federal Government announced some important dates with regards to repayment of CEBA loan. Here is the link to the announcement yesterday.

Canada Emergency Business Account: Government extends repayment and partial loan forgiveness deadlines - Canada.ca On September 14, 2023, the Prime Minister announced extended deadlines for Canada Emergency Business Account (CEBA) loan repayments, providing an additional year for term loan repayment, and additional flexibilities for loan holders looking to benefit from partial loan forgiveness of up to 33 per ce...