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Family businesses are at the heart of Canada’s economy, yet most won’t survive beyond the first or second generation: 70% of wealthy clients will lose their wealth in the first generation that inherits. Worse by the third generation, 90% of it will be gone. When they fail, the impact extends far beyond the owners—employees, communities, and local economies all feel the loss. That’s why now is an ideal time to build your expertise in this area. The good news: you can learn more and earn CE Credentials with our limited-time 50% off Black Friday offer on the Advising Family Business course.
The Acuity Conference for Distinguished Advisors is just days away, and we are once again thrilled to recognize Mandeep Singh Duggal – CEO of Pro Tax Block, and dedicated community builder - as our Title Sponsor. His story is not only remarkable, but emblematic of the resilience, grit, and entrepreneurial spirit that define so many of Canada’s most impactful entrepreneurs.
Tax and financial advisors in Canada have been sharing their thoughts on CRA’s new SimpleFile system, and their opinions are strong. We asked if they thought the newly revamped automated tax system will help more Canadians access tax benefits and comply with the tax system. 92% said no – why? Check it out below!