Should Deposit Insurance Be Raised from $100,000?
The Canada Deposit Insurance Corporation’s (CDIC) deposit protection is automatically applied when investors deposit money with a member bank or credit unions. The object is to protect depositors should a bank fail. The good news? There has not been a deposit insurance payout in almost 30 years. But now the framework is under review and both advisors and their clients may wish to weigh in, in particular because the deposit insurance limit is currently only $100,000 in specific deposit categories.DAC 2015 to Proceed As Planned: Hurricane Spared Puerto Vallarta
We are very happy and relieved to provide you with this update on DAC 2015 in Puerto Vallarta: the Westin Resort and Spa has reported there are no damages; staff have returned as well, reporting no damages to their homes; and everything appears to be operating as normal—including the sunshine—after the tremendous scare from Hurricane Patricia on Friday.
Knowledge Bureau Designate
Chenine Humphrey, owner of Paper Trail Bookkeeping and Business Centre, is on the move! In the process of moving her existing bookkeeping practice to a commercial location where she will be launching an innovative new service to help bookkeepers.
Still Time to Register for Calgary, Toronto Fall DAW
There is still time to register for the Fall Distinguished Advisor Workshop (DAW) October 29 in Calgary and November 2 in Toronto. Be the first in your professional community to interpret the changes anticipated under the new Liberal government and reference the 2016 indexation in true-to-life scenarios.
After The Election: How to Plan For Tax Changes
The new Liberal government outlined several significant tax changes in their election platform. If they make good on those election promises in tax year 2016 and beyond, millions of Canadians will be affected financially; some will be winners and some will be losers.
Evelyn Jacks’ Top Three Year-End Tax Filing Tips
The family’s tax returns are a great place to look for year-end planning opportunities that will create new money for that Christmas vacation or will help to pay off those credit cards come January. But the time to focus on this process is before the snow flies.
Jeffrey Simpson Presents Post-Election Perspective at DAC
Must-Hear Post-Election Insights from a Premier Globe and Mail Commentator
