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?

Financial advisors and members of the business community as a whole who are concerned about a greater anticipated role for financial regulation in Canada will want to track the progress of implementation of a new Capital Markets Regulatory Authority (CMRA) and participate in public consultation.

Personal tax planning for the Owner-Manager begins with corporate tax planning. As setting the fiscal year-end in the last have of the year can be very advantageous, this means corporate tax planning is now.

FOR IMMEDIATE RELEASE – Monica Weissmann is an independent financial advisor who runs her business on the Manulife Securities platform. Her path into the financial services industry is a unique one.

On August 26, make sure you check out our Academic Excellence Issue of Knowledge Bureau Report.

The Investment Industry Association of Canada (IIAC) believes that increasing RRSP contribution maximums would help pre-retirees, and that deferring capital gains when shares of a small business are reinvested within six months of a sale would be a great way to boost economic growth.

A recent decision of the Supreme Court of Canada was extremely costly for the appellant and has vast implications for tax preparers and tax advisors across Canada.