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.
Debt-to-disposable income levels in Canada is very high, according to Statistics Canada. The figure recently edged down to 177.1% from 177.5% but it still means that Canadians owe $1.77 for every $1.00 in disposable income. It’s a big topic for discussion at year end planning meetings with clients, covered at the November CE Summits national tour November 2-6, by new sponsor, Home Trust.
September is back to school month, and Knowledge Bureau is making it a little easier for you to invest in your education. Until September 30th, Knowledge Bureau is waiving instalment fees on all designation and diploma programs purchased on the EZ-Pay instalment plan.
It’s quarterly tax instalment remittance time again! But do you really need to make the payment on September 15? You should be concerned if you earn income from self-employment, pensions, rental income, or receive taxable alimony. A DFA-Tax Services Specialist™ can help. Here is what you need to know.
As promised in the 2019 federal budget, interest rates on Canada Student Loans are decreasing. Will this help affordability for students investing in their education? The answer is yes, but not immediately.
Given the federal government’s increase of the federal personal tax rate from 29% to 33%; their attack on small business taxation (including the introduction of the tax on split income (TOSI) rules and the clawback of the small business deduction for passive investment income); and the upcoming Canadian federal election, Canadian entrepreneurs are concerned about their increased tax burden, and investors should be too, says Dr. Dean Smith, President Cadesky U.S. Tax, Ltd., a keynote speaker at DAC this November.