New Tax Changes for Caregivers: Alberta Budget
Alberta Finance Minister Nater Horner delivered his second consecutive deficit budget on February 26. The deficit is large at $9.4 billion, which the government attributes largely to declining oil revenues. The document is called Fiscal Plan 2026-2029 meaning that this is a three-year fiscal pan, rather than the typical one-year projection.DAC Delegates in the News - Rosanna Sternat, CPA, CGA
Rosanna Sternat, CPA, CGA has attended the Distinguished Advisor Conference (DAC) for six consecutive years. She shares how the educational experience has benefited her public accounting practice in Selkirk, Manitoba.
Why DAC? What Prior Delegates Have Said
DAC is an outstanding investment for advisors who wish to excel. Who are they? They are professionals dedicated to growing their services and careers with strategic insights and an outstanding national network. Here’s what they have experienced at prior DACs:
“FROM”: An Issue for all Demographics
We have all heard of FOMO – the fear of missing out. But from a financial planning point of view there is an even more pressing fear that runs rampant with all generations, and in organizations that fund retirements these days. At Knowledge Bureau we call it "FROM: the Fear of Running Out of Money."
Investment Options: Non-Registered vs RRSP Comparison Factsheet
Sound retirement savings strategies typically involve investing in various non-registered investments such as Mutual Funds and ETFs and registered plans like RRSPs, PRPPs and RPPs. The options can be overwhelming for those looking to diversify their retirement savings. A simple fact sheet can help guide you through complicated financial conversations.
Retirement Options for Unprepared Young Boomers
A recent survey by 2019 DAC Sponsor Franklin Templeton shows* that 21% of young boomers (age 55 to 64) have not set anything aside for their retirement while 46% are considering a delayed retirement. Many of these issues are caused by having to support an aging parent as well as older children leaving no funds to save for retirement. To outline the key issues, here’s a case study with Raymond’s story.
Is There Hope for Generation X With No Retirement Savings?
Are you a Gen Xer, or do you have clients who are? Did you know that 28% of this demographic (ages 37 to 52) has not saved anything for their retirement? This, according to a recent survey by DAC Sponsor Franklin Templeton*. The following case study explores Helga and Michael’s story and highlights the important role of seeking the right tax and financial advice, sooner rather than later.
