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All items tagged with: budget 2018

Fall Economic Statement: Tax Incentives for Corporations

Posted: November 22, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , federal budget, finance canada, Morneau, Minister of Finance, Fall Economic Statement, budget 2018, Fall Economic Update, Fiscal Report, Corporate Tax Changes

Canada has been in a strong economic position since 2015, but dark clouds are on the horizon as global economic growth has peaked and deficits are expected to grow. This is what Finance Minister Morneau faces as he unveiled his November 21 Fall Economic Report.

Competitiveness Challenge: Are New Corporate Tax Changes Enough?

Posted: November 22, 2018 By : Walter Harder & Evelyn Jacks
Posted in: Strategic Thinking , corporate tax, federal budget, capital cost allowance, Canadian economy, finance canada, Canadian business, Morneau, Minister of Finance, budget 2018, Fall Economic Update, Fiscal Update

Canada’s competitive advantage in the global economy has been of concern since corporate tax reforms were introduced in the United States earlier this year, and especially after Finance Canada’s ill-fated attempt to reform the corporate tax system a year ago. Finance Minister Morneau delivered his response to the current challenges by proposing the acceleration of some Capital Cost Allowance measures in the November 21 Fall Economic Update.

Fall Economic Statements: Ontario First, then the Federal Government

Posted: November 20, 2018
Posted in: Strategic Thinking , economic update, federal budget, Canadian economy, finance canada, Breaking News, Morneau, Fall Economic Statement, budget 2018, provincial budget, fall federal economic statement, provincial defecit, Federal defecit

The Fall Economic Statement from the federal government is being released later today – Wednesday, November 21. Knowledge Bureau Report will bring you breaking news and insights in a special report tomorrow! Meanwhile, Ontario made some interesting tax changes.

Gender Equality and Tax Rules Outlined Ahead of Fall Economic Statement

Posted: October 30, 2018 By : Walter Harder & Beth Graddon
Posted in: Strategic Thinking , CRA, Canada Revenue Agency, gender equality, Canadian economy, finance canada, tax news, Morneau, Fall Economic Statement, budget 2018, Canada Workers benefit, Employment Insurance Parental Sharing Benefit, Climate Action Incentive Payment, carbon tax

Finance Canada will release its Fall Economic Statement on November 21, about a month later than it was last year. In the meantime, it released two important documents on October 25 and 29: A Notice of Ways and Means Motion and Bill C-86: the second Budget Implementation Act which together enable remaining initiatives outlined in the February 27, 2018 Federal Budget.

Legalization Creates Tax Ambiguity for Marijuana Users

Posted: October 16, 2018 By : Beth Graddon
Posted in: Strategic Thinking , Medical expenses, tax deductions, leadership, marijuana legalization, tax claims, Federal Budget 2018, disability, marijuana, medical marijuana, marijuana tax, excise tax, cannabis license, growing marijuana, legal marijuana, Health Canada, Canadian Medical Association, CMA, entrerpreneur, cross-border, U.S. marijuana prohibition

Today is the day that marijuana officially becomes legal in Canada. Yet grey areas remain, leaving Canadians uncertain and concerned about consequences: from personal and excise tax rules, to medical expense claims, to cross-border and insurance underwriting changes.

Thought Leadership from an Olympian: Workplace Diversity and Inclusion

Posted: August 21, 2018 By : Knowledge Bureau Staff Writers
Posted in: Strategic Thinking , DAC, Financial Advisor, knowledge bureau, gender equality, relationship management, Evelyn Jacks, distinguished advisor conference, Liberal government, Morneau, immigration, Federal Budget 2018, diversity, holistic wealth management, inclusion, female entrepreneurs, DAC speakers, DAC 2018, Caroline Ouellette

Addressing workplace diversity and inclusion is a core approach for achieving the higher standards of care demanded of today’s tax consultants and financial advisors. But what does it take to rise above our “Canadian Privilege” to achieve better results for a changing demographic landscape in your advisory practice?