Canada Needs a Financial Plan
According to a July 23 publication by the Fraser Institute, we are getting poorer here in Canada and the prospects for economic growth are looking grim. This should be of concern to every Canadian concerned about their “real income” – that’s their purchasing power – and by extension - their ability to fund consumption now and for important family milestones in the future: retirements, education and homeownership. It’s grim, but there are practical suggestions for a turn around plan. Here’s a synopsis of the report.Pre-Budget Analysis: Finance Canada Priorities
A Federal budget date is expected soon after Prime Minister Trudeau and Finance Minister Morneau return from this week’s meetings with the new U.S. administration.
Understanding Your Credit Score and Credit Worthiness
Which Canadian age group has the best credit scores? Which has the worst? What is yours and how can you improve it? Knowing what is in your credit report is important. If you have a poor credit history, it could be harder for you to get a credit card or a loan. It could even affect your ability to rent a house or get hired for a job.
Cross Border Tax Changes for 2017
Several new tax filing changes should be noted by advisors working with Canadians who have assets in the United States or U. S. citizens living in Canada.
DAC: A Strategic Look at The Crossroads of Change in The Financial Services
At a time when governments are more closely monitoring changes in global GDP growth, the effect of protectionism, rising commodity prices, currency fluctuations and sluggish business investment and their effects on the long-term financial well-being of Canadians, the 21st century wealth advisor needs to better understand the strategy behind the tax efficient investment recommendations made to the families he or she works with. That’s the key reason why attendance at DAC is critical to your success.
NEW! Stay onside with CRA with a New Certificate in Advanced Payroll Preparation
The technical side of payroll, if done incorrectly, can cost both the employer and the employee unnecessary and unexpected tax remittances, interest and penalties from the Canada Revenue Agency. You can be the professional to solve these concerns by starting a new certificate course online this week.
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