New: Personal Support Workers Tax Credit Coming Soon
Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories. Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement. Here are the details:Giving Thanks at Thanksgiving
Gratitude is a powerful force. When we take the time to focus on the abundance of good fortune we have, it can have a really positive affect on our personal outlook and the relationships around us. With Thanksgiving just around the corner, please accept our wish for the joy of gratitude as you share time with friends and family, and a sincere thank you for making Knowledge Bureau your educational home. We are grateful and we would like to share a gift with you.
Seniors Get 1% Raise Starting in October
Old Age Security (OAS) and the Guaranteed Income Supplement (GIS) are indexed quarterly through a somewhat complicated formula designed to keep pace with the Consumer Price Index. But we now know what the total benefit will be for 2019, and what planning needs to take place to maximize it.
September Poll: Canadians are Ready for a Meaningful Tax Reform
With the federal election in full swing, tax changes and promises abound. Last month we asked you what you really thought about one key issue: is this the right time for a meaningful tax reform in Canada? The results are in, and overwhelmingly Canadian advisors are ready for a change as 92.37% said yes. Their comments are worth the read: astute and thoughtful.
RSVP for OCT. 28 – Vantage Series: 6 CEOs On What It Takes To Win in Financial Services
Will you be in Toronto October 28? Then make sure you reserve your spot at the next Vantage Series Event on October 28 at the National Club. Get up close and personal with top CEOs on Bay Street and beyond, as they give you their views on future of wealth management. Don’t miss this opportunity to meet the leaders who will share insightful “aha” moments with you. Here are the details:
Job Vacancies Up in the East, But Not in the West
On September 20, 2019, Statistics Canada released the 2nd quarter report on Canadian job vacancies* and things are looking good for Canadian employees. Bottom line: good jobs appear to be available, with vacancy rates at their highest levels since 2015. Where are we seeing the biggest growth in job opportunities and how is the financial services industry performing? Let’s look at the numbers:
The CE Summits: Priceless Knowledge . . . That Keeps Giving Back!
WHAT’S THE TRUE VALUE OF EDUCATION? It’s priceless, especially if it prepares you to advise others to embrace financial peace of mind. Now you too can engage in sharing knowledge with top experts and their best tips on year-end planning information on personal and corporate tax, and retirement and estate planning. Plus, if you enrol by October 15, you will receive $465 in extra value savings.
