Pre-Budget Consultations Now Underway!
Pre-budget consultations are now underway for this fall’s Federal Budget and Canadians are invited to share their views with Finance Minister Francois-Philippe Champagne through an online survey. Over the next several weeks, the Finance Minister and his team will meet with various stakeholder groups and review public submissions before finalizing the budget.Precise March 15 Instalments Lead to 5 Wealth Enhancers
It’s important that fragile investments stay intact as markets recover. For this reason, it makes absolutely no sense to overpay any personal income taxes in advance on the March 15 quarterly instalment remittance deadline. Astute tax and financial advisors will make sure their clients encroach on only the right amount of capital for these purposes, especially if they are retirees.
In the Red: Canada’s Account Balances
According to Statistics Canada, Canada’s fourth quarter current account deficit has increased by $0.1 billion to $15.4 billion. This is a seasonally adjusted amount. On an annual basis, our current account deficit increased from $44.9 billion to $65.7 billion in 2015.
Search Begins for 2016 Distinguished Advisor Conference (DAC) Young Advisor Award
Applications for the 2016 DAC Young Advisors Award are now being accepted for the Distinguished Advisor Conference Young Advisors Award. The award is open to young advisors actively engaged in the financial services industry for at least five years and under the age of 35.
Even Low-Income Taxpayers Need Professional Help
This heartwarming piece from Knowledge Bureau Master Instructor, Walter Harder, DFA-Tax Services Specialist™, comes with a challenge to advisors.
Take a New Challenge: Portfolio Risk Management in Retirement Course is Ready
Canadians who reach age 65 are more likely than ever to live into their nineties, largely due to advances in preventing heart disease, and to Baby Boomers leading healthier lifestyles. This trend towards increased longevity means that retirement income planning must cover a much longer period, in which a focus on continued accumulation and investing is as important as tax-efficient withdrawal of funds.
Mark Your Calendar
Now that tax season is in full swing, Knowledge Bureau would like to remind you of some key dates to mark in your calendar: Regional DAW Workshops - May 24 to 31, Summer Studies Begin June 15, DAC Nov 6 -9.
