We Have a Winner! Now, Test Your Financial Trivia Skills

Congratulations to our April Financial Trivia winner: Glen Pangle, who correctly answered this question in April: When was the first record of taxation in Canada? Read on for the answer and a new opportunity to answer this month’s financial trivia question. You too could enter to win a free registration to the Distinguished Advisor Conference (DAC) in the spectacular wine country of BC. 

We invite you to think more clearly about this year’s conference theme, Canada 150: Financial Advice at the Crossroads of Change as you reflect on this month’s question:
What percentage of Canadians feel they are financially prepared for retirement?

The answer to last month’s question: What was the first record of taxation in Canada is interesting, especially if you are a history buff. The Constitution Act, 1867 (formerly BNA Act), gave Parliament unlimited taxing powers and restricted those of the provinces to mainly direct taxation (taxes on income and property, rather than on activities such as trade). The federal government was responsible for national defense and economic development; the provinces for education, health, social welfare and local matters, which then involved only modest expenditures. The provinces needed access to direct taxation mainly to enable their municipalities to levy property taxes.

Congratulations again to Michelle Gospic, Gregory Chitrenky and Raymond Berg, the lucky people whose names were drawn in January, February and March, respectively, to qualify for the big prize—a free registration to the DAC! Mark your calendar now—November 5-8 in western Canada’s spectacular wine, apple and peach country!

Get in on the fun at this year’s fantastic venue! Nine lucky winners will compete for the big draw in September and one will join the top advisors from coast-to-coast with a free registration. DAC will address today’s key economic, industry and technical trends in celebration of Canada’s outstanding financial professionals over the past 150 years. You’ll get new perspective on the issues your clients need to know about, such as how to grow their family’s wealth in these uncertain times.

This year, DAC delegates and speakers reflect on dramatic changes in domestic and international tax law and economic policy making, as well as the new regulations that affect the work that professional advisors do. Most importantly, we’ll talk about the new skills needed to embrace demographic and lifecycle changes so you can improve your value proposition! Earn 15 CE Credits, too!

Come to DAC to experience financial education differently—at a higher standard, in greater depth, and then network with top advisors from across Canada with some real, all-Canadian fun: play (or be a cheering spectator) at the DAC sponge-ball street-hockey game, take part in a curling match or come out to play a few hands of Euchre! Then be entertained at the DAC Gala with outstanding Canadian talent and The DAC Garage Band!

For more information please visit our DAC website or call our Registration Office at 1.866.953.4769.

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