Disability Tax Credit Certified Impairments: Survey Says “No”
The federal government has made its intentions clear that there will be an expansion of those who are eligible to certify an individual for the Disability Tax Credit. Our May poll results are in. 83% of our readers voted against allowing public trustees, guardians and departments supporting Indigenous Services to certify impairments for the Disability Tax Credit.When Canadians Struggle: Education is the Solution
Despite good trends in overall wealth accumulation in Canada, recent reports show that many Canadians struggle financially with increasing personal debt levels, and rising mortgage interest rates. The 2018 Budget also voiced concerns about income equality and diversity, but it’s clear education is a key part of the solution.
Child Benefit Enhancements: Government Improves Access to Social Benefits
The Canada Child Benefit (CCB) will increase this July for families that filed a 2017 tax return. However, the requirement to file a tax return is just one of the reasons why thousands of Canadians can’t access these generous, tax free benefits. The government will soon spend more on awareness; but the tax and financial services community can assist, too.
Leave Your Legacy: A Gift to Family
Father’s Day is coming up soon, and it’s a time to make and share memories. Wouldn’t it be a wonderful gesture to start a new tradition: to leave not only a financial legacy to the ones you love, but also the gift of family history at a time like this? Financial advisors can encourage families to do so, as part of their retirement and legacy planning.
