Decline in EI Beneficiaries Points to a Strong Canadian Economy

By : Knowledge Bureau Staff Posted in: Strategic Thinking
The latest numbers from Statistics Canada report a decrease in the number of regular Employment Insurance (EI) beneficiaries, supporting the overall strength of the Canadian economy, reported yesterday by the Finance Minister.

Capital Gains Deduction Part III: Changing the Rules, Again

By: Walter Harder Posted in: Strategic Thinking, Tax Planning, CRA, knowledge bureau, Canada Revenue Agency, Small Business, tax changes, income splitting, tax education, entrepreneur, CE summits, Walter Harder, income sprinkling, capital gains deductions, reasonableness test, taxpayers
The federal government has recently back-tracked on their plan to limit access to the capital gains deduction available to shareholders in a family business corporation, and that’s a very good thing, as the proposals would have cost family businesses a lot of money.

Advisors’ Approach to Retirement Planning – What’s New?

By : Knowledge Bureau Staff Posted in: Strategic Thinking, tax preparation, Debt Management, Tax Planning, Financial Advisor, investments, knowledge bureau, interest rates, Evelyn Jacks, retirement planning, inflation, tax education, CE summits, Distinguished Advisor Workshops, financial courses, financial conferences, Canadian pension, retirement trends, mortgage reduction, earn CE credits
The world has changed dramatically over the last couple of decades—and that requires that tax and financial advisors adapt their strategies for pre-retirees. Recognizing the current economic and societal changes drivers, it appears that  debt management, and debt reduction strategies at various life stages, require more attention. This will be a key planning theme at Knowledge Bureau’s upcoming CE Summits.

The Pot Factor:  Authenticity Matters in Insurance Planning

By : Knowledge Bureau Staff Posted in: Strategic Thinking, DAC, knowledge bureau, relationship management, Evelyn Jacks, distinguished advisor conference, financial advisors, ce credits, financial conference, Millennials, leadership, value proposition, Kelowna, authentic leadership, future-proof business, insurance advisors, crossroads of change, marijuana legalization, Aisha Alfa, Nancy Kent, Dynacare
The legalization of Marijuana is coming  in time for Canada’s next birthday party, reflecting new government priorities, and unique societal trends.  This indeed will impact the work tax and financial advisors do. Your clients may or may not want to talk to you about this.  Yet, insurance and financial advisors need to understand the financial implications of this major change in Canada.  This year’s Distinguished Advisor Conference will help prepare for the issues you need to discuss in a world filled with disruption — including the legalization of marijuana.

Greatness in Leadership on the Executive Business Builders Network

By : Knowledge Bureau Staff Posted in: Strategic Thinking, knowledge bureau, Evelyn Jacks, tax courses, financial education, entrepreneur, innovative thinking, thought leadership, Executive Business Builder Program, authentic leadership, future-proof business, Knowledge Bureau Designation Programs, business builders, Shakespeare quote, greatness, LinkedIn group
As Shakespeare said in Twelfth Night, “Some are born great, some achieve greatness, and others have greatness thrust upon them.” In establishing your new value proposition and leadership challenges in a growing business climate, which of these applies to your great potential?

Addressing Unfair Tax Changes, Morneau Makes a Second Attempt at Tax Reform

By: Evelyn Jacks Posted in: Strategic Thinking, knowledge bureau, Evelyn Jacks, Small Business, Canadian economy, finance minister, income splitting, tax education, financial education, tax reform, entrepreneur, CE summits, Liberal government, Morneau, income sprinkling, unfair tax changes, Distinguished Advisor Workshops, Trudeau, reasonableness test, private corporation taxation, family businesses, small business tax rate
The Finance Department backtracked on a few of their controversial tax reforms for private corporations this week, adding a tax cut of $2.9 Billion over the next five years to douse the flames of discontent. However, family businesses will continue to face tax risk and uncertainty due to a “reasonableness” test – albeit a simplified one – that will limit income sprinkling to contributors of labor, risk or capital in the business.