Changes to Corporate Income-Splitting Rules Could Hurt Women and Families
Finance Canada’s controversial proposals on the taxation of private corporations, which require comments on the changes by October 2, will potentially affect businesspeople of all income levels, from all walks of life, who serve and employ Canadians in their hometowns across Canada. However, they will also affect families and, in particular, women.
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Students Will Owe $30K by Graduation: Debt Management Critical
Three-quarters (74 per cent) of Canadian post-secondary students believe they will need to supplement their schooling with more training after graduation, despite already spending on average $14,000 each year and expecting to owe $30,000 in debt by the time they complete their current program.
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Bank Letters to Foreign Account Holders NOT a Scam
Advisors, inform your clients that they may receive letters from their financial institutions that they need to respond to, and it’s not a phishing scam.
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Intergenerational Wealth Transfer: Protecting Family Wealth for the Future
It’s a well-known fact that the next decade will see an enormous amount of money transferred from one generation to the next in Canada. According to a 2016 CIBC study, there is $750 billion at stake. Your clients, and your high-net-worth clients in particular, will be looking to you to help them preserve their family wealth, if they aren’t already.
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Life Purpose — the Importance of Self-Awareness
“I think self-awareness is probably the most important thing toward being a champion.” —Billie Jean King
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