Kim G C Moody’s Musings – 1-1-1 Newsletter For October 7, 2026
One Comment About Taxation – Why You Should Be Concerned About The Federal Government’s Deceptive Budgeting Exercise of Separating the Operating Budget From the Capital Budget Picture a couple at the kitchen table reviewing the family budget. Their paycheques don’t cover their spending, so they’ve been topping up the difference on a home equity line…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For September 30, 2026
One Comment About Taxation – The Constant “Pause” of Introduced Tax Policy A number of years ago, a relative of mine started building a garage. The site was levelled, gravel poured, rebar laid down, and then everything stopped. The project, I was told, was “paused.” The money had run out, and frankly, so had the…
Read MoreBalancing the “Operating Budget” Is a Trick – And the PBO Has Shown Again How Easy It Is to Pull Off
The trick is simple. Split the federal budget into two pieces – an “operating budget” and a “capital budget.” Define “capital” so broadly that almost anything qualifies. Move enough day-to-day spending into the capital column. Then declare the operating budget balanced while the total deficit and the debt keep growing. It works for one…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For September 23, 2026
One Comment About Taxation – Is the “Mega Productivity Deduction” Really “Mega”?? Walk down any grocery aisle and you’ll find a paper towel roll labelled “Mega” sitting next to a “Regular” one – same width, often similar sheet count, just marketed as though it were categorically different. That’s a communications and marketing strategy, not a…
Read MoreKim G C Moody Quoted in EPOCH Times Article by Paul Rowan Brian About Ottawa’s New Reforms
Read Kim’s Quotes HERE.
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For September 16, 2026
One Comment About Taxation – Canada’s Trust Reporting System is Too Complex and Unnecessary As a tax practitioner, I’m used to complexity. I deal with it daily. Artificial intelligence has become a genuinely useful tool for navigating some of that complexity, and combined with a few decades of experience, it makes tax a bit easier…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For September 9, 2026
One Comment About Taxation – Canada’s Tax System Needs Structural Reform Not Surface Level “Repairs” A few years ago, a contractor looked at my deck and found rotting boards underneath. His fix: sand it down, apply filler, add a coat of paint. Cheap and fast, so I agreed. Recently, a second contractor pulled back the…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For September 2, 2026
One Comment About Taxation – Canada’s Personal Tax System Needs to Change My wife and I have some long-term friends. We get along swimmingly, but like most friendships, we sometimes disagree. We work through it maturely because we value the history and the relationship. We don’t use disagreements as an excuse to rupture something built…
Read MoreKim G C Moody’s Musings – 1-1-1 Newsletter For August 26, 2026
One Comment About Taxation – “Tax Reform” Should Not Be A Bunch of New Ideas Added Onto A Tattered House in Disrepair My wife and I once bought a house. It needed obvious renovations. So, we started doing them. But every time we pulled something apart with the renovators, it revealed a previous patchwork, and…
Read MoreKim G C Moody Appears in CTV News Video on Possible Implications of Court Decision in the John Tavares Case, August 18 2026
Watch Kim’s Appearance HERE.
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