Fall Federal Budget: Will Spending Be Cut?
Canada has historically presented an annual budget since Confederation in 1867, even through periods like World Wars and the Great Depression, but we have recently experienced the longest period without a full federal budget in our history. By the time the next one is brought down, expected in October 2025, it will have been 18 months since the controversial April 2024 budget which introduced the doomed capital gains inclusion rate hikes. What can we expect?Poll Results: Raising RRSP Lower Limit Draws Thoughtful Response
Seventy two percent of the responders agree that the 18% limitation restricting contributions to an RRSP should be raised for lower income earners. However, there were several varying opinions on how this should be done and what else could be affected. Below are some of the comments shared by voters:
Build Long Lasting Relationships with Clients Who Struggle with the Debt
According to an article in the Financial Post, for the first time, the level of debt held by Canadians has exceeded the country’s gross domestic product. For the advisor now taking on clients struggling with their debts, the new edition of the Debt and Cash Flow Management course is solution for expertly advising clients on managing debt today and in the future and minimizing the debts.
Differentiate with High Standards Of Service Excellence
THE MFA and DFA-Specialist Designations identify a select group of Wealth Advisors who have specialized skills within the tax and financial services industry. These programs, available exclusively through Knowledge Bureau and its strategic partners, lead to mastery in tax and bookkeeping services, business services and retirement and estate services under a platform of Real Wealth Management™.
DAC Nov 5-8 in Kelowna: Enter March Financial Trivia Contest
You can enter this month’s skill-testing financial trivia question to win a free registration to the DAC in Kelowna, where this year’s theme will be: CANADA 150: Financial Advice at the Crossroads of Change.
People in the News
Laramie Tan-Amit Developed Her Competitive Edge as DFA – Tax Services Specialist:
Life Purpose
“As we look back and move forward, we would all be advised to remember that pride goes before the fall.” Former Bank of Canada Governor, Mark Carney in Geneva, 2010
