Take Up Rate for Canada’s Federal Benefits is Extremely Low

Posted in: Strategic Thinking, CRA, Canada Revenue Agency, tax deductions, Diane Lebouthillier, Federal Benefits, Childcare benefit, Chief Service Officer, DFA - Tax Services Specialist, Income Tax Courses
New data shows just how many Canadians lack access to federal benefits they’re eligible to receive. This was a topic of discussion with Pierre Labbee, an outreach manager for the Canada Education Savings Program at the recent Distinguished Advisor Conference. But now an annual benefit review of the Canada Child Benefit reveals that this benefit in particular is underused, despite it being accessible to millions, and one of the reasons is a difficult relationship with the CRA.

Highlights of the 15th Annual Distinguished Advisor Conference

Posted in: Strategic Thinking, Financial Literacy, DAC, Evelyn Jacks, distinguished advisor conference, tax courses, Young Advisor Award, Kristin Ramlal, DAC Sponsors
Knowledge Bureau celebrated a joyous 15th anniversary with 150 delegates as part of an outstanding program of topics and inspirational messages by all the gifted speakers at the Distinguished Advisor Conference in Quebec City. If you missed out, here are some highlights to inspire you to attend next year’s hot conference in Puerto Vallarta, Mexico, November 10-13.

Delegates Rave About the Business Builder Retreat

Posted in: Strategic Thinking, DAC, Puerto Vallarta, financial conferences, Graduates in the news, grads in the news, Delegates
The first Business Builder Retreat hosted by Knowledge Bureau was a resounding success, according to attendees intent on rejuvenation and leadership skill development at this exclusive Distinguished Advisor Conference (DAC) event.

Lack of Risk Management Understanding Creates Opportunity

By : Knowledge Bureau Staff Posted in: Strategic Thinking, Financial Advisor, investment, poll results, relationship management, risk management, poll, risk assessment, year-end investing, communication strategies, investment advisor
The markets have been experiencing more volatility lately and Knowledge Bureau Report’s October poll has uncovered an important opportunity for wealth advisors within the fray. The majority, 89.01 percent of respondants, told us that Canadians don’t understand their capacity for risk-taking – which is measurable - and this affects their level of risk tolerance when markets fluctuate.

CPP Increases for 2019

By: Walter Harder Posted in: Strategic Thinking, Retirement, Canada Pension Plan, retirement planning, retirement income, CPP, Walter Harder, CPP contributions, maximum Canada Pension Plan contributions
The maximum Canada Pension Plan (CPP) contributory earnings are indexed annually based on inflation. For 2019, indexation resulted in a 2.68 percent increase over 2018.

Missed Prior Returns: 8 Reasons to File Before Year-End

By: Evelyn Jacks Posted in: Strategic Thinking, tax preparation, tax credits, Evelyn Jacks, tax deductions, tax benefits, CRA penalties, income tax filing, tax deliquency, missed returns, filing late taxes
Did you forget to file a tax return in a previous year? It can pay handsomely to catch up before year-end. Not only can you recover tax refunds CRA may still owe you (that’s the main reason for most), but here are 8 additional reasons to file those missed returns before year-end: