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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.

This Week’s Edition of KBR:

January Poll

In your opinion, is the new $931 enhancement to the federal Basic Personal Amount for those with incomes under $150,473 an improvement to our tax system?
Yes: 68 votes
35.6%
No: 123 votes
64.4%
 

Cast Your Vote

RSVP for OCT. 28 – Vantage Series: 6 CEOs On What It Takes To Win in Financial Services

Will you be in Toronto October 28?  Then make sure you reserve your spot at the next Vantage Series Event on October 28 at the National Club. Get up close and personal with top CEOs on Bay Street and beyond, as they give you their views on future of wealth management. Don’t miss this opportunity to meet the leaders who will share insightful “aha” moments with you. Here are the details:

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Job Vacancies Up in the East, But Not in the West

On September 20, 2019, Statistics Canada released the 2nd quarter report on Canadian job vacancies* and things are looking good for Canadian employees. Bottom line: good jobs appear to be available, with vacancy rates at their highest levels since 2015. Where are we seeing the biggest growth in job opportunities and how is the financial services industry performing? Let’s look at the numbers:

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The CE Summits: Priceless Knowledge . . . That Keeps Giving Back!

WHAT’S THE TRUE VALUE OF EDUCATION? It’s priceless, especially if it prepares you to advise others to embrace financial peace of mind. Now you too can engage in sharing knowledge with top experts and their best tips on year-end planning information on personal and corporate tax, and retirement and estate planning. Plus, if you enrol by October 15, you will receive $465 in extra value savings.

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Employment Insurance Rates Reduced for 2020

On September 13, the Canada Employment Insurance Commission announced the maximum EI insurable earnings and the premium rate for 2020*. The new premium rate and maximum insurable earnings will affect the first payroll of 2020. Here’s how:

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Elections & Taxes: How Much Will Be Left?

Financial advisors have a big role to play in helping their clients understand and explore the effect of the proposed tax and financial issues as part of their year-end tax planning activities. There have been tax cuts, but more alarming, the potential of really big tax hikes for today’s wealth holders. Are you and your clients up-to-speed on the effects on boomers in particular? Here’s what we know so far:

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