S12: CRA’s 2026 Rule Traps Your Family in an Endless Audit
Show Notes
Links:
🔗 Sign the Petition: https://c.org/vznXzqrKMK
🔗 Download the MP Letter Template: https://theadvisorstable.com/wp-content/uploads/2026/03/MP_Letter_Template_CRA_Powers.docx
🔗 Find your MP: https://www.ourcommons.ca/members/en
Right now, if the CRA audits you, there’s a time limit. Typically 3 years — and then it’s over.
That protection may be removed.
A proposed rule could allow one audit to expand to your spouse, your business, your family — with no time limit and no court approval.
In this episode, we cover:
• How CRA’s current audit time limits protect you today
• What a “notice of non-compliance” means
• The $50/day penalty — and why it’s not the real issue
• How audits could spread to your spouse, kids, and corporations
• Real-life scenarios: estate, divorce, small business, elderly taxpayers
• Why this power hits vulnerable families — not criminals
This isn’t about tax evasion — it’s about what happens when regular people can’t keep up.
And once this becomes law, there’s no going back.
This is still in the proposal stage — which means this is the moment to act. Sign the petition and share this with anyone who could be affected before it’s too late.
00:00 — New audit rule warning (No time limit risk)
00:25 — Petition & why this matters now
00:43 — Overview of proposed CRA powers
01:03 — Current system vs new rule (court removed)
01:17 — Notice of Non-Compliance ($50/day penalty)
01:29 — The real danger (audit never expires)
01:42 — Audits spreading to family & businesses
01:50 — Scenario: Death in the family (estate audit)
02:34 — No flexibility under new rule
02:51 — Grief + open-ended audit pressure
03:03 — Scenario: Divorce complications
03:34 — Penalized for things outside your control
3:48 — Scenario: Business owners under audit
04:24 — Daily penalties while running a business
04:53 — Scenario: Elderly taxpayers affected
05:16 — Who this actually impacts (not criminals)
05:50 — Current status (not law yet)
06:16 — Call to action (petition, MP, share)
📥 Resources from this episode
MP Letter Template — CRA Audit Powers
A pre-written letter to your Member of Parliament asking them to oppose the three new CRA audit powers in the current bill. Add your name, find your MP, send. No email required.
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