There’s a new CRA rule coming in 2026 that could affect millions of Canadians — and when it hits, you might not find anyone to help you deal with it.

Not your accountant. Not the CRA. Not anyone… unless you’re willing to pay hundreds or even thousands every year.

In this video, I break down why the real problem with the proposed Bare Trust rules isn’t just the penalties — it’s the practical reality of compliance.

We cover:

• What a bare trust is — and why you may already have one

• Why many accountants may refuse to prepare these filings

• The complexity of T3 returns and why DIY compliance is risky

• How accounting firms are already overwhelmed during tax season

• Why CRA generally won’t tell you whether the rules apply to your situation

• The real issue: high cost, high risk, and little benefit for ordinary families

For many Canadians, this isn’t just an expensive filing requirement — it may be extremely difficult to comply with at all.

If passed, these rules could impact thousands of families, business owners, and investors across Canada.

📋 Resources, petition information, MP letter templates, Bare Trust checklists, and episode breakdowns are available at:

https://theadvisorstable.com

📞 Looking for Trusted Tax Advice?

Connect with Sankalp (Sunny) Jaggi, at Cedar Consulting Group

📧 Email: [email protected]

🌐 Website: https://www.cedargroup.ca/

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👇 Comment below: Do you think rules like this improve transparency — or do they create unnecessary compliance burdens for everyday Canadians?

LEGAL DISCLAIMER: This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.

00:00 — New CRA rule warning (No one will help you comply)
00:20 — Why this affects millions of Canadians
00:35 — What a Bare Trust actually is (simple examples)
01:05 — New requirement: Annual T3 filings explained
01:25 — The real issue (compliance, not just penalties)

01:45 — Door #1: Your accountant says no
02:10 — Why accountants don’t handle Bare Trust returns
02:35 — Door #2: Doing it yourself (50+ page CRA guide)
03:05 — Complexity of T3 + Schedule 15 explained
03:30 — Cost of software & risk of getting it wrong

03:50 — Door #3: Specialist firms are overwhelmed
04:15 — Busy tax season + new filing burden
04:35 — Rising costs & limited availability

04:50 — Door #4: CRA won’t advise you
05:10 — “Question of fact and law” problem

05:30 — Why accountants really don’t want this work
05:55 — Paying $600/year for zero benefit
06:20 — Strain on client-accountant relationship

06:45 — Legal risk for accountants (huge liability)
07:10 — High risk, no value, worst timing

07:30 — Real outcome: Families can’t find help
07:50 — Who this rule actually hurts
08:10 — Current status (not law yet)
08:25 — Call to action (petition, MP, share)

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