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.Tax Tips: Separation and Divorce Have Tax Consequences
Statistically, over 40% of marriages will end up in divorce, however, there are likely many more not tracked by Statistics Canada. This is a costly life event.
Finance Minister Launches 2017 Budget Consultations
It’s that time of year: Finance Canada is doing pre-budget consultations and wants you to weigh in on what you’d like to see in the 2017 federal budget. The department has launched a savvy new consultation site with new multi-media opportunities to contribute your best thoughts.
Increase Investment Returns with Year-End Tax Planning
It’s too bad so many people miss out on year-end tax planning for the family. Tax planning is about what you keep: what’s left of your income and capital after taxes are paid. Now is a great time for advisors and clients to review what can be done to lessen this year’s tax load.
RSVP Now: Year-End Investment & Business Planning Workshops
October marks the official start of “year-end tax planning season,” and this year there are numerous areas of concern for tax and financial advisors to cover with their clients. The Distinguished Advisor Workshops will soon be coming to four cities across Canada, and some of Canada’s top practitioners will be on hand to share knowledge with delegates. RSVP by October 15 for early-bird savings on tuition fees.
Young Advisors Award Winners Announced
Knowledge Bureau and Manulife are pleased to announce that Financial Advisor Lindsay Sawyer Fay of Winnipeg, Manitoba and Darren Ryan, a financial advisor with Ryco Financial in St. John’s, Newfoundland have been selected as the 2016 winners of THE DAC YOUNG ADVISORS AWARD.
Deadline October 1: DAC Client Innovation Scholarship
Applications for the 2016 DISTINGUISHED ADVISOR CONFERENCE CLIENT INNOVATION SCHOLARSHIP AWARD are now being accepted. It’s a new award at DAC this year, open to practicing advisors of all ages; who have been actively engaged in the financial services industry for at least five years.
