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.DAC Tackles Financial Advice at Crossroads of Change
The headlines around the world have been intense and for some, disturbing, over the last several weeks as borders have closed and diversity, financial and judicial systems have been challenged by change. What does the future hold for Canadian investors and their advisors as a result of this uncertainty?
CRA Issues New Tax Collections Policies
The CRA has cancelled Information Circular IC98-1R5 and replaced it with a sixth version, which provides a new overview of CRA collections policies for individuals, corporations, GST registrants, employers and those who import or export or travel across borders. Advisors and clients will want to refresh on their obligations: