News Room

Generations Building Wealth Differently

Can Canadians build wealth in the current economic environment? Over the longer term?  After taxes?  These are important questions anytime but particularly at election time.  The traditional way to build wealth for Canadians families has been to buy a home, pay it off and even leverage the equity to borrow money to invest in the financial markets.  These wealth building exercises occur over a lifetime.  But today, new generations are building wealth differently.

September 15 Instalment Deadline: Your Tax Remittance Options

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.

With Reduced Interest Rates, Are Student Loans More Affordable?

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.

Unfavourable:  Why Canada’s Global Tax Competitiveness Needs Reconsideration

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.

Divorce: Minimizing Financial Set-backs Through Tax Efficiency

Divorce can be a huge set-back in one’s financial plan. In Canada, 38% of marriages end in divorce, and 42% of those end between 10 and 24 years of marriage.* With the help of qualified and knowledgeable financial and taxation advisors, the financial hit of divorce can be minimized.

CIBC SmartBanking for Business is a Watershed Moment in SME Innovation

Special report from Christopher Misener, Senior Director, Strategic Partnerships, CIBC. A few months back I joined Knowledge Bureau with Evelyn Jacks on a countrywide CE Summit tour where I was able to meet with tax professionals and discuss the future of accounting technology and showcase the latest digital banking platform technology for small and medium-sized businesses. Here's an accountant’s story on why it matters:

Business Builder Retreat in PV:  Are You Getting the Most Out of Your Business?

2019 Business Builder Retreat host Joanne Sigurdson will join Evelyn Jacks, Jenifer Bartman, Dean Cockell, and Dan Collison to discuss ways to grow your business to new successes – and greater value - while you take better care of yourself, too. Joanne shares why BBR is a must-attend event for you this fall:
 
 
 
Knowledge Bureau Poll Question

Do you believe our tax system needs to be reformed and if so, what would be your first improvement? If not, what do you like about it?

  • Yes
    54 votes
    98.18%
  • No
    1 votes
    1.82%