People in the News

By : Knowledge Bureau Staff Posted in: Breaking News
Ellie Jenner, DFA - Tax Services Specialist™, Alberta: Designation that makes you to feel confident in the tax and investment advice you give to clients. It is important for Investment Advisors to have tax knowledge.

Life Purpose

By : Knowledge Bureau Staff Posted in: Breaking News
"If you have much, give of your wealth; if you have little, give of your heart." Arabic Proverb

End of an Era: Budget Kills Canada Savings Bonds

By : Daniel Sonkodi Posted in: Strategic Thinking
The CSB is officially obsolete, killed by the March 22, 2017 federal budget. What effect does this have on investors? Some new planning strategies are in order for planners and clients alike.  But first a little history...

The Disability Amount, a Most Lucrative Tax Credit

By : Knowledge Bureau Staff Posted in: Strategic Thinking
The Disability Tax Amount, a non-refundable tax credit valued at $8,001 in tax year 2016, can be claimed by someone who is markedly restricted in the activities of daily living on a permanent basis, or by their supporting individual.

New Lifelong Learning Initiatives in Budget 2017

By : Daniel Sonkodi Posted in: Strategic Thinking
Last week’s federal budget proposed to improve access to education funding with a series of new initiatives including improved access to bonds, loans and grants. Planning for student debt repayment, however, should be a critical first step with students, alongside the application process. Tax and financial planners can be of important assistance.

Prescribed Interest Rates Steady in Q2 of 2017

By: Evelyn Jacks Posted in: Strategic Thinking
The prescribed interest rates for April 1 to June 30, 2017, remain unchanged on overdue taxes and tax overpayments, and for calculations of taxable benefits and shareholder loans. However, the interest rates on PLOI—Pertinent Loans or Indebtedness—have been changed this quarter.