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.Cottage Planning: How Many Rooms Will Tax Take?
Enjoying the summer cottage is a Canadian tradition. Do you know what your cottage is worth? According to David Christianson, this week’s guest columnist, a valuation this year might be a good idea, as high cottage values could bring succession challenges.
OAS and Non-Residents: File Form T1136 to Continue Benefits
Do you know of a non-resident receiving OAS? To ensure that OAS payments are not interrupted, please let them know that a special return must be filed.
RESPs: Educating Little Ones a Family Priority
Summer time is family time—and a good opportunity to review the funding of education for little ones. In this RESP review, the object is for advisors, parents, and grandparents to consider whether this registered plan is the right one for your new addition.
Family Chats – Medical Expenses Can Be Claimed for Disabled Adult
To everything there is a season. . .and, unfortunately within a circle of life, illness may arise. This event may in fact require an inter-advisory team of financial professionals to help your loved one transition from capacity to incapacity.
The Caregiver’s Return – Tax Deductions And Credits
Imagine this true-to-life situation: A single daughter brings her stricken mother into her home to care for her after she has suffered a stroke.
Canadian Forces Personnel and Police Get Tax Break
Since 2004 certain members of the Canadian forces or a Canadian police force serving on a deployed operational mission that is assessed at a high risk level.
