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Allowing too much erosion up front (before investing and along the way reduces the opportunity to accumulate, grow, preserve, and transition wealth and cripples the power of compounding.
As a new FPSC-approved program, here is an excerpt from Tax Strategies for Financial Advisors.
A gift (either in cash or in kind) from your employer is an employment benefit. However, non-cash gifts and non-cash awards to an employee for the year with a total aggregate value less than $500 is non-taxable. The total value in excess of $500 annually will be taxable.
Canada is growing! We are now 35,056,064 strong, but there is a digital divide between young and old!