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.Ontario Estate Taxes: Significant and Unexpected
Dynamic Elise Pulver, LLB, will address significant and unexpected changes to the Estate and Administration Tax Act, at the Distinguished Advisor Workshop, June 22 in Toronto.
Would You Voluntarily Contribute Extra to CPP?
Last week, Federal Finance Minister Joe Oliver announced in the House of Commons that the government is open to allowing Canadians to make additional voluntary contributions to their CPP in order in increase their CPP savings.
UCCB Lump Sum is Coming, but Not for Several Weeks Yet
Parents with children under age 18 living at home will be receiving a lump sum of $420 per child with their July Child Tax Benefit payment. This lump sum represents the additional $60 per month per child payable as of January 2015.
How to defend against a Net-Worth Assessment
CRA has applied a net-worth assessment against your client, who now comes to you for help . . . and they are emotional and scared. What do you do first?
“Atrocious” Economic Data, but Healthier Household Debt Ratios
The most recent economic data is indeed atrocious, as Bank of Canada Governor Stephen Poloz predicted in England late last year.
The Big Picture on Debt in Canada
Last week’s KBR reported on a recent Statistics Canada study, Changes in Debt and Assets of Canadian Families, 1999 to 2012, that confirmed a trend that Canadians are carrying more debt than ever before.
