All items tagged with: newcomers to canada
Posted in: Strategic Thinking, Current Issue , taxation, knowledge bureau, Evelyn Jacks, tax reform, personal income tax, immigration, canadian newcomers, working abroad, newcomers to canada, immigrants, returning residents, Canadians returning, living aborad, Social Insurance Number, Canada's tax system, tax guidelines
Our nation’s system is complex even to tax-educated Canadians. Imagine how mind-boggling this must be for newcomers (immigrants and refugees) and returning residents to Canada. There’s opportunity for advisors to work with this vast niche market and become a trusted educator and advocate for these families.
Posted in: Strategic Thinking , DAC, Financial Advisor, knowledge bureau, Evelyn Jacks, distinguished advisor conference, gen y, gen x, Real Wealth Manager, Millennials, holistic advice, insurance advisor, ivari, newcomers to canada, DAC speakers, Helene Chatelain, DAC activities
Millennials – rather than boomers - are rocking the retirement planning landscape. But they’re leaving a lot of money on the table because they favour DIY approaches that don’t pay off. This demographic can benefit from professional advice; the challenge is engaging them.
Posted in: Strategic Thinking , tax preparation, Financial Literacy, tax credits, knowledge bureau, Evelyn Jacks, income tax estimator, tax filing, tax courses, non-refundable tax credits, distinguished financial advisor, financial education, immigration, Canada immigration, newcomers to canada, Canadian residence, residence period, tax credits for immigrants, Canadian emigration, expenses and deductions
Did you know that 1,212,075 new immigrants permanently settled in Canada from 2011 to 2016, representing 3.5 percent of Canada’s total population in 2016? Tax and financial advisors have a great opportunity to help with the financial affairs of these families, especially because the tax rules are somewhat different for these residents.