Tax planning is a continuous process, but the start of the year presents a prime opportunity to review your finances and maximize any available tax-saving strategies. As we enter 2025, here are some key tax tips to consider. Create a CRA My Account Do you have a CRA My Account yet? Here are… Read More
As we head into a new year, it’s hard not to see echoes of the past. In 2025, the United States will have a new president, though he’s a familiar face. Markets have rallied in anticipation of the incoming administration and its proposed economic policies, much like they did following the 2016 election. The U.S…. Read More
On January 6, 2025, Prime Minister Justin Trudeau announced his resignation as PM and as the Leader of the Liberal Party of Canada. During this announcement, Mr. Trudeau also confirmed that Parliament has been prorogued – or suspended – until March 24, 2025. This announcement may impact the Federal Government’s proposed changes to the capital… Read More
As we approach the end of 2024, here are some tax tips for consideration. Investors Tax-Gain Selling As of June 25th 2024, the capital gains inclusion rate increased from 50% to 66.67% on gains above $250,000. Individuals and certain trusts are still entitled to the original 50% inclusion rate on the first $250,000 of gains…. Read More
The U.S. election was held on Tuesday, November 6 and Donald Trump won the race for the presidency, defeating Vice President Kamala Harris to earn a second term in the White House. The Republican party also won the Senate and the U.S. House of Representatives. Equity markets reacted favourably to the news, with the Dow… Read More