Help & Contact: 1 866 953 4769
Financial Issues & Answers for Everyone
A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.
August 2025 Poll
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?
Pension Recipients and Heirs Beware: German Pension Tax Collection Steps Up
Do you have clients who are recipients of German social security pensions? If so, many of them may be very elderly. Unfortunately, they and their heirs may be experiencing a new stressor: the tax department in Germany, Finanzamt Neubrandenburg, is clamping down on taxes they think are owing by delinquent German pension recipients living in Canada and charging interest and penalties. The issue is: can they?
Financial Wellness a Big Stressor for Employers & Employees
We have heard a lot about inflation in the last few weeks as the economy gets up and running again, and many people have been feeling stress about this. This should be a big concern to employers, too, according to the Financial Consumer Association of Canada. The issue will also be addressed at Virtual DAC Acuity 2021, October 17-19 with special guest speaker Dr. Brian Shaw, a well-known sports psychologist for the Blue Jays and author who has written about stress management for top financial professionals. Financial advisors can help; here’s what you should be thinking about:
Audit Defence: September 23 CE Summit
Join Knowledge Bureau President Evelyn Jacks, and guest speakers for a full professional training experience at the next Virtual CE Summit on September 23, 2021. Early-bird registration ends Sept 15.
Society of RWM™ Virtual Speed Networking: September 8
It was such a hit last month, we’re doing it again: Speed Networking so save the date: September 8th at 3:30 pm CT. The Society of Real Wealth Managers’™ invites you to Meet a Real Wealth Manager (RWM™) to discuss ways to collaborate to bring high value care in the best interests of your clients.
Seniors Over 74 Get a Raise This Month
The government has promised to increase Old Age Security by 10% for seniors over age 74, but that increase won’t kick in until the July 2022 payments. However, this month, a one-time payment of $500 (with zero withholding) will be made to seniors who meet the following criteria:
