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On January 29, Finance Minister Bill Morneau issued a news release applauding the second reading of Bill C-2, which will implement a 1.5% federal tax-rate cut to 9 million Canadians as part of the government’s plan to create long-term prosperity for the middle class. Yet a wide majority of 84% of respondents to Knowledge Bureau’s January poll feel the 1.5% tax cut will have no effect on financial peace of mind, as Canadians grapple with their expensive lifestyles.
Neufeld v. Dafoe BCSC 2016. The Supreme Court of British Columbia recently varied the Will of a deceased person to provide funds to a plaintiff, who insisted she was his common law partner. The facts were quite unusual: the plaintiff’s marriage ended after she was taken hostage by her husband during a police stand-off in which he was killed.
It’s February and that means it’s officially tax season. If you are going to tackle filing your tax return yourself this year—and every Canadian should try to grasp this life skill at least once—you will want to know more about the basic elements of the T1 General Income Tax and Benefit Return.
According to Statistics Canada, 20.6% of Canada’s total population is foreign born. Between 2006 and 2011, 1.1 Million foreign-born people immigrated to Canada from Asia, Africa, the Caribbean, Central and South America.
The Manitoba Financial Literacy Forum is a coalition of organizations and individuals working together to promote lifelong financial education skills to Manitobans. Co-founded by Evelyn Jacks, President of Knowledge Bureau and the Manitoba Securities Commission, the goal is to improve financial literacy of Manitobans.