Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

Year-end can be a particularly difficult time for those who have lost a loved one during the year. But it’s important to see a tax specialist when someone in the family dies, to file any tax returns that may be outstanding on time, adjust prior-filed returns, and to claim specific tax benefits that can help to pay for end-of-life costs.

How much income do Canadians think they need annually to lead a comfortable life and how realistic is it? According to a poll by Edward Jones, it’s a figure that’s over $250,000—one that could grow as interest rates and the needs of the elderly continue to rise. It’s a topic that created a vibrant conversation at the Distinguished Advisor Conference which concluded yesterday in Quebec City.

Cannabis problems at work? It’s one grey area that remains following Canada’s recent marijuana legalization, and employers need to know their obligations with regard to accommodating employees with addictions. Lawyer Philippe Richer weighs in on this important employment issue, which he says is the single largest area of potential liability for businesses.

New data shows just how many Canadians lack access to federal benefits they’re eligible to receive. This was a topic of discussion with Pierre Labbee, an outreach manager for the Canada Education Savings Program at the recent Distinguished Advisor Conference. But now an annual benefit review of the Canada Child Benefit reveals that this benefit in particular is underused, despite it being accessible to millions, and one of the reasons is a difficult relationship with the CRA.

Knowledge Bureau celebrated a joyous 15th anniversary with 150 delegates as part of an outstanding program of topics and inspirational messages by all the gifted speakers at the Distinguished Advisor Conference in Quebec City. If you missed out, here are some highlights to inspire you to attend next year’s hot conference in Puerto Vallarta, Mexico, November 10-13.

The first Business Builder Retreat hosted by Knowledge Bureau was a resounding success, according to attendees intent on rejuvenation and leadership skill development at this exclusive Distinguished Advisor Conference (DAC) event.