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.
Payroll deduction tables have been adjusted as of July 1 for BC, NB, NL and YK as a result of changes announced in the 2015 provincial and territorial budgets.
There is always someone who believes they’re smarter than everyone else and that the law doesn’t apply to them. The problem is that (aside from the fact in this case that tax evasion is illegal) there is always going to be someone smarter.
Father’s Day is coming up. It’s a perfect time to reflect, cherish and remember the financial wisdom your father instilled in you and how it shaped your life.
How important are a tax and financial advisor’s “soft skills?” Having deeper conversations about many life components, other than finance, can be an important first step in improving your clients’ lives.
Do you believe Canada’s tax system based, on self-assessment, has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?