Advisor explains subdued market reaction to BoC cut – Kevin Burkett brings nuance to a conversation that has many clients and analysts expecting a dramatic change

Tax
06-19-2024

June 6, 2024 - By the time the Bank of Canada cut interest rates by 25 basis points yesterday, that…



CRA reassessing charges for late trust filing after issuing penalties in error

Tax
05-10-2024

May 9, 2024 - Taxpayers who filed information disclosing the beneficial ownership of a trust may have received a letter…


Budget 2024: To trigger, or not to trigger, capital gains

Tax
05-03-2024

May 3, 2024 - On April 16, 2024 the Liberal Government of Canada released their proposed 2024 Federal Budget. One…


Four housing credits and rebates to put money back in homeowners’ pockets

Tax
04-30-2024

March 21, 2024 - If your client is purchasing a new home or embarking on a renovation, there’s an opportunity…


Why the CRA’s bare trusts ‘fiasco’ has made advisors’ lives more difficult

Tax
04-30-2024

April 19, 2024 - The decision by the CRA to reverse its guidance and revoke the requirement for Canadians with…


Bare trusts exempt from new reporting rules for 2023, CRA says

Tax
04-17-2024

March 28, 2024 - The Canada Revenue Agency says it won’t require Canadians with bare trusts to adhere to complex new tax-reporting…


Your CPP questions answered: If you’re receiving survivor benefits, is there a good time to take your own CPP?

Tax
02-20-2024

February 20, 2024 - As part of this ongoing series, we invite readers to ask questions about their Canada Pension…


Trust us: You don’t want to be caught off guard by new reporting rules

Tax
01-26-2024

Newly expanded reporting requirements now require many trusts to file an annual trust tax return – learn how you’re affected…


Under the hood of the Underused Housing Tax (UHT)

Tax
01-03-2024

An overview of the UHT including who is affected and what qualifies as exempt…


A bespoke approach to tax loss selling

Tax
12-06-2023

November 30, 2023 - Discretionary PM outlines how he approaches the practice year-round and highlights where he sees the greatest…


The New Tax-Free First Home Savings Account

Tax
08-23-2023

April 5, 2023 - We have portfolio manager Kevin Burkett join us to take us through how the new tax-free…


Why the FHSA isn’t just a homeownership game-changer

Tax
07-26-2023

July 26, 2023 - From retirement savings to giving to the next generation with warm hands, two planning experts explore…


Four overlooked deductions to include in tax returns

Tax
04-05-2023

April 5, 2023 - Registered retirement savings plan (RRSP) contributions and child care deductions are the biggest line items to…