News Room

Claiming Medical Expenses: Free Healthcare?

Free Health Care? Did you know that Canadians spend on average more than $1,000 on medical expenses each year? It’s estimated that government programs, via our taxes, cover about 72% of medical expenses, which means that we pay for the rest. Your clients may be over-paying on their taxes because they don’t know about medical expense deductions. 

Tax Tip: Tax Credits Available to Fund Education

Tuition funding is expensive, but there is tax relief. In our final of three reports on education funding, learn how the tax system shares in the cost with parents and students when it comes to funding a post-secondary education.

Introducing DAC 2016 Sponsors

This year, the Distinguished Advisor Conference is for and about the Top Guns - the leaders of tomorrow in the tax and financial services - and we are pleased to introduce our Top Gun Sponsors who make three days of thought-provoking speakers and topics possible. RSVP by September 30.

Focus on Income Layering in New Retirement Course

This fall, learn an important skill that’s in demand. Retirement income planning is a skillset in high demand by the baby boomer demographic—the most affluent generation in our history. 

Knowledge Bureau is Growing. . .Passionate about sharing knowledge?

Passionate about sharing knowledge in financial education?  Then contact us today. 

Life purpose

“Anything that you learn becomes your wealth, a wealth that cannot be taken away from you; whether you learn it in a building called school or in the school of life. To learn something new is a timeless pleasure and a valuable treasure.” C. JoyBell C.

TAX TIP: Top Three Tax Investments for Education Funding

Statistics Canada reports that an undergraduate degree costs close to $6200 but according to a new study,  80% of parents don’t know that.  Worse,  most parents are poorly informed about tax efficient ways to save, especially weak on RESP knowledge.  This is a great opportunity for tax and financial advisors to add significant value.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    7 votes
    7.78%
  • No
    83 votes
    92.22%