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?Disability Probability: 14% of Canadians Must Plan for It
A reality for retirement income planning specialists is that the difficult subject of “disability probability” must come up. But, the best time to discuss it with clients is when they are still healthy. According to Statistics Canada1 close to 4 million adults had a disability which limited daily living activities in 2012, or about 14% of Canada’s population.
Caring for the Disabled: It’s Tough and You Can Help
As our population ages, disability-related caregiving for family members will increase, but, as a society, how well are we able to cope? From meal preparation and household chores to time off for appointments with doctors or to deal with financial matters, the commitment in caring for the sick, the disabled and dying is enormous and it is exhausting.
Students in the News: David Foth
We love sharing feedback from our recent graduates. This week we feature the success of Mr. David Foth from Saskatoon, who recently graduated from the new T1 Professional Tax Preparation - Basic course.
Life Purpose
"Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence." Helen Keller
Tax Tips: Maximize Change Family Benefit Provisions
Families may soon be out of monthly income due to the cancellation of the Universal Child Care Benefits in July. It’s also time to review and optimize the Family Tax Cut provisions which are no longer available for the 2016 tax filing year. Tax and financial advisors can help.
Fort Mac – We Have Your Back!
Knowledge Bureau wishes to extend to all our fellow Canadians in the Fort McMurray and surrounding areas, our sincerest sympathies for your suffering as a result of last week’s devastating wild fires. We pledge our support to all our students, graduates, designation holders and friends in the province, as we offer our thoughts of consolation and prayers to you.
