May 2025 Poll

Does the Liberal promise expected soon to cut the lowest personal income tax rate by 1% to 14%,  go far enough to help Canadians impacted by high costs?

Multi-generational wealth planning is fraught with potential failure because it’s so hard to get everyone on the same page – mom & dad, the kids and the grandkids!  But it’s possible with a multi-stakeholder process you can easily learn with our new CE Savvy™ Collection of five micro-courses!  You too can learn  how the process of objective-based planning and joint decision making can really move a  Real Wealth Management™ plan forward, and bring huge value to clients who are struggling with how to best plan for the future.   The five micro-courses are entitled:

Here’s a sobering thought:  when people get seriously ill, only 1 in 3 patients get the medical care that is right for them.  This, according to Dr. Daren Heyland who will explain more in two important sessions at the May 24 CE Summit.   Families are ill-prepared to make the life and death decisions they are called upon to make on the patient’s behalf and consequently, says Dr. Heyland,  they suffer significant anxiety and stress.  Things can get worse if the patient survives. If the person survives their serious illness but is left vulnerable and incapacitated, many families struggle to provide the best medical and personal care possible and end up quarreling about how to use the patient’s resources. The current ways of planning ahead for future illness are not working….but you can be part of the change.

The GST/HST credit system is being used to provide three inflation boosts recently, but late filers may be missing out.  A one time payment arrived in November; then, on October 18, 2022,  Bill C-30 received Royal Assent to double the amount of the GST tax credit eligible taxpayers were already receiving in January.  Next, the Bill to enable the new Grocery Rebate, will pass.  Money won’t be distributed until July 5, according to CRA.  But those who don’t get their tax returns  caught up will miss out on hundreds possibly thousands, of dollars. Details appear below:

Privacy, confidentiality, security are foundational hallmarks in the relationship between taxpayers and their tax department. CRA takes this obligation seriously. However, during the pandemic, more than 90% of employees worked remotely.

A recent CFIB survey revealed that 76% of pros already had significant concerns about worsening service levels and intimidation tactics at the CRA. Here’s what the April 2023 survey found:      

Managing the process around life events (before, during and after) with a multi-stakeholder team requires three important legal documents which must be anticipated and drafted in relation to a holistic retirement, disability and estate plan.  Learn how to advise your clients to think about these difficult topics in a more positive light with two important sessions from Philippe Richer LL.B at the May 24 Virtual CE Summit and bring peace of mind to family members who otherwise worry about how to avoid abusive or unintended circumstances.