Fuel Excise Tax on Hold But Inflation is Not

The U.S.-Israel war on Iran has thrown global oil prices into turmoil and there is plenty of fallout for consumers. Travelling to Europe this summer? That’s in jeopardy, as jet fuel may run out.  Looking for relief at the pumps instead? The recently announced suspended federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel here in Canada will soften the blow, but only temporarily: it will be zero from April 20 to September 7, 2026. Here’s what you need to know:

Investment Planning – What if Conventional Wisdom is Wrong? By Terri Williams According to Dr. Jack Mintz, who spoke at last week’s Distinguished Advisor Conference (DAC), the global economy faces a very uncertain future because of the impact of the pandemic induced supply shock. 

On October 21, just a whisper before  many of the pandemic support programs for individuals and business were set to expire two days later, including the Canada Recovery Benefit (CRB) and Canada Emergency Wage Subsidy (CEWS), the federal government announced some transitional provisions. Now, new targeted COVID-19 support benefits are being introduced. Read on for details:

Trouble keeping or engaging staff?  It’s a common issue, but there may be a simple solution, according to Dr. Paul Bates, who kicked off the educational portion of the Virtual DAC (Distinguished Advisor Conference) agenda Sunday evening with an inspiring overview of what leaders need to do to create a workplace which leads to complete human flourishing.  

Who knew Improv could be such a great team building exercise?  If you are working with a new team in your organization, you should consider it, as DAC delegates found out to their surprise and delight. The Virtual Night at the Improv session was more than a hoot:  delegates also learned a lot about communication skills in four skill-building games.  Here’s what happened: 

Evelyn Jacks, President and Founder of Knowledge Bureau opened the Virtual Distinguished Advisor Conference this week with a key insight: a global economic crisis and recovery of this magnitude will require a new approach to tax and financial advisory practices. Citing the many threats investors face - and the pandemic is not the only trigger – Evelyn set the stage for the Greatest Recovery on Earth and its implications over the long term for Canadian taxpayers and investors, as well as the many ways advisors can help their clients through the recovery. 

Let nothing stand between you and your relationships. That’s the powerful mantra that has propelled Lewis Kent to exponentially build his financial advisory practice with the physicians on the front line of the pandemic.   Guiding these tireless professionals in their financial health has earned Lewis the distinction of the 2021 Distinguished New Award Winner at the Virtual Distinguished Advisor Conference, October 18.