November 2025 Poll

Do you believe the November 4 Federal Budget addressed the key financial issues your clients need to see from their Finance Department and the CRA?

Along with the sweeping changes to require individuals to report the disposition of their principal residences after 2015, changes to the rules for trusts that own property that is the principal residence of a beneficiary have also changed.  Be prepared to discuss changes in eligibility and to get valuations of property done now.

Seventy two percent of the responders agree that the 18% limitation restricting contributions to an RRSP should be raised for lower income earners. However, there were several varying opinions on how this should be done and what else could be affected.  Below are some of the comments shared by voters:

According to an article in the Financial Post, for the first time, the level of debt held by Canadians has exceeded the country’s gross domestic product. For the advisor now taking on clients struggling with their debts, the new edition of the Debt and Cash Flow Management course is solution for expertly advising clients on managing debt today and in the future and minimizing the debts.

THE MFA and DFA-Specialist Designations identify a select group of Wealth Advisors who have specialized skills within the tax and financial services industry. These programs, available exclusively through Knowledge Bureau and its strategic partners, lead to mastery in tax and bookkeeping services, business services and retirement and estate services under a platform of Real Wealth Management™.

You can enter this month’s skill-testing financial trivia question to win a free registration to the DAC in Kelowna, where this year’s theme will be:  CANADA 150: Financial Advice at the Crossroads of Change.

Laramie Tan-Amit Developed Her Competitive Edge as DFA – Tax Services Specialist: