News Room

Finance Canada Drops Draft Legislation August 15

All professional tax practitioners, financial advisors should take note of an important mid-summer release of draft legislation to implement some of the proposals from the November 2024 Fall Economic Statement, the April 2024 Budget, the EIFEL rules announced on August 12, 2024, and rules relating to passive income of foreign affiliates announced in the 2022 federal budget.  This draft legislation also introduces more modifications to new trust filing requirements. Brief highlights appear below;  technical details will be discussed in the September 17 and November 5 CE Summits and Knowledge Bureau’s certificate course on T3 Filings. 

Retirement Income Layering

Here’s the tax secret: Income layering of all your income sources in retirement can help you get a better after-tax result, and help you preserve your capital for the future, too.

Give the Gift of Financial Literacy

The Money Matters: Financial Lessons for Life 2014 calendars are full of timely and relevant money matter tips and make wonderful client gifts. Ensure your calendars with a pre-order – the 2013 calendar sold out! English and French calendars available. Order by August 15.

DAC 2013: Scott Mackenzie – Re-connecting with the Do-It-Yourself Investor

It matters that you have an advisor at your side. That’s the message we want our clients to receive . . . the right advice is absolutely worth the fee.

Power of Attorney: The 8-Step Process You Need to Know

Undertaking the role of Power of Attorney for a loved one can be overwhelming, especially if you don't know where to start. If you have agreed to be a Power of Attorney, prepare yourself early by learning the 8 steps you need to know. Join us in Calgary for Attorney School, August 29, 2013 for only $99.

Ignore the Bull: Plan Your Own Path to Financial Independence

Research has proven...you will be happier and more successful on your own terms, not someone else’s. Learn to approach your financial affairs with much more passion and a lot less bull! Get Managing the Bull – Buy 3, Get 1 Free.

Ensure Tax Planning Begins Right at the Primary Source of Wealth Creation

Become a more astute compliance manager to ensure payroll is more than simply accurate with Advanced Payroll – updated for 2013. Enrol by July 23 and save $200.
 
 
 
Knowledge Bureau Poll Question

A public consultation on whether the CDIC’s deposit insurance limit should be raised to $150,000 per deposit category is underway. Do you agree?

  • Yes
    74 votes
    92.5%
  • No
    6 votes
    7.5%