Immediate Expensing Rules: Good Tax Policy?
Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”. A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?Prescribed Interest Rates Rise To 3%
Owing money to CRA has just gotten a lot more expensive. If you owe, you’ll pay interest at a rate of 7% effective October to December. This represents an additional 1% increase over the July to August quarter which was, in turn, a 1% increase over the rate for the previous quarter.
Legislative Proposals Released: New Details on a Multitude of Tax Provisions
Just over four months after the April 7th Budget, the Government released a large package of draft legislative proposals on August 9th. They include details on the following provisions, which will be discussed in detail at the September 21st CE Summits.
New Growing Demographic Requires Business Policy Changes
The 2021 Census has pointed to a growing new demographic advisors must take note of or risk losing a client base that can have significant lifetime value. How well you embrace the transgender or non-binary demographic can make a big difference but it requires unique practice management changes. Here’s what you need to know:
DAC – Dinner With KB President Evelyn Jacks & Master Italian Cookery
Join us for an exclusive night out with Knowledge Bureau President Evelyn Jacks and Chef Massimo Capra on October 15th in beautiful Niagara Falls. This dinner is limited to 20 guests, so confirm your attendance at DAC and your reservation as soon as possible. Here are the details of the delicious extravaganza; plus, check out the outstanding agenda too!
CE Summits September 21: What Matters is What You Keep
What matters is what you keep. There is no doubt your clients are interested in knowing how to inflation-proof and recession-proof their wealth and navigate successfully through emerging risks from the CRA. To accomplish the former, advisors must have broader knowledge in tax on upcoming tax changes and how astute investment planning in a very new economic environment can help clients maximize after-tax income and reduce capital erosion. But there are other risks, too, and these topical issues will be the subject of a deep dive for pros at the September 21 CE Summits.
RWM Meeting of the Minds: Practice Management Tools
There are six key reasons, you will want to mark your calendar to attend the next Meeting of the Minds Event, presented by the Society of Real Wealth Managers™ on August 17, 11:00 – 12:00 PM CST. It’s a complimentary event, and it could be one of the most informative hours of your summer. Consider:
