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All items tagged with: NAFTA

Consumer Woes: New Surtax hits Cross-Border Shoppers, While Interest Rates Rise

Posted: July 10, 2018 By: Evelyn Jacks By :
Posted in: Strategic Thinking , Debt Management, Financial Literacy, knowledge bureau, Evelyn Jacks, financial education, online courses, budgeting, US tax, NAFTA, Canada's competitiveness, trade agreement, buy Canadian, Canadian-made food, "Trump-free", Canadian dollar, Canadian agriculture, grocery budget, cross-border shopping, duties and taxes, US exemption limits, surtax, tariffs, Canadian economyu

Canadians spend anywhere from $4.7 to $8 Billion on cross-border shopping and if you spent the July long weekend looking for bargains in the U.S. you may have had an unpleasant surprise:  despite the loonie holding some ground against US currency, a new 10% surtax on certain consumer goods came into effective July 1, when if you exceeded your exemption limit.

Buy Canadian: But at What Cost?

Posted: June 26, 2018 By : Knowledge Bureau staff Writers
Posted in: Strategic Thinking , Debt Management, Financial Literacy, knowledge bureau, Evelyn Jacks, Canadian economy, financial education, online courses, budgeting, US tax, NAFTA, Canada's competitiveness, trade agreement, buy Canadian, Canadian-made food, "Trump-free", Canadian dollar, Canadian agriculture, grocery budget

It could be a “Buy-Canadian” summer as trade tensions escalating between Canada and U.S. are starting a movement towards economic nationalism throughout Canada. But that comes at a cost - can you afford to spend more? Canadians currently have over $2 Trillion in debt, according to the Bank of Canada, and increased spending could dig a deeper hole.

IMF Predicts Slowing Growth for Canada: What Can You Do About It?

Posted: June 12, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , Real Wealth Management, Financial Literacy, DAC, knowledge bureau, interest rates, Evelyn Jacks, Small Business, debt and cash flow management, Canadian economy, wealth management, entrepreneur, online education, NAFTA, Canada's competitivementss, cross-border trade, US, Trump US tax, real estatte market, economic trenda

The IMF predicts that if Canada and the U.S. fail to reach agreement on NAFTA, Canada’s competitiveness could take a serious hit, resulting in a drop of 0.4 percentage points or more in GDP. Donald Trump’s tweets about Justin Trudeau could further dampen the outlook. But, astute financial advisors can help clients meet their goals in these difficult times by staying on course.

DAC 2018: Dr. Jack Mintz to Address Canada’s Competitiveness

Posted: June 12, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , DAC, knowledge bureau, Evelyn Jacks, Small Business, distinguished advisor conference, wealth management, cross border taxation, CE summits, business taxation, NAFTA, Dr. Jack Mointz, Canada's competitiveness, cross border trade, global portfolio management, working abroad

After decades of calm, the issue of competitiveness is front and centre for Canada. To address the best interests of your clients, your deeper knowledge about the emerging North American tax and trade reforms will serve you well, and there is no better person to help you interpret the changes than DAC Keynote speaker, celebrated tax expert and economist Dr. Jack Mintz.

U.S Tax Reforms and NAFTA: They Impact Canadian Taxpayers

Posted: May 08, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , Financial Literacy, President - Knowledge Bureau, Evelyn Jacks, evergreen explanatory notes, ce credits, snowbirds, tax education, financial education, financial workshops, Knowledge Journal, Dean Smith, Trump, NAFTA, Canadian Competitiveness, cross-border tax, US tax reform, foreign income, taxpayers abroad, C. Russell Vert, free course trials

Is it still a good idea for snowbirds to own property in the U.S.? Do you have clients who have children studying in the States or a son or daughter marrying a U.S. citizen? How will Canadian small business tax reforms co-mingle with the most significant U. S. tax reform since 1986?

Dr. Michael Graham: On Budget 2018 and Cross Border Taxation

Posted: March 27, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking, Distinguished Mastery , Financial Literacy, knowledge bureau, Evelyn Jacks, federal budget, tax courses, Canadian economy, tax education, financial education, Dr. Michael Graham, CE summits, Liberal government, Morneau, financial workshops, online education, cross-border taxation, US tax, budget 2018, online campus, US President, Trump, trade, tariff, NAFTA, Michael Graham Investment services

What did Budget 2018 cover that tax and financial advisors need to know now? What did it fail to address? Dr. Michael Graham weighs in on what we might anticipate in cross-border trade, U.S. tax reforms, the implications of Budget 2018 on small businesses in Canada.