Budget 2014

Finance Minister Jim Flaherty delivered the 2014 federal budget in Ottawa on February 11. Investment Executive reporters and editors were there to report the news and insight for advisors. Watch analysis from Jamie Golombkek in our Multimedia Centre and replay the post-budget webinar.

February 12, 2014

Government simplifies application for GST/HST credit

The 2014 federal budget proposes to allow the CRA to automatically determine if an individual is eligible the credit

  • February 12, 2014 October 21, 2019
  • 10:05

Budget supports Canada’s ‘Aaa’ rating: Moody’s

Canada’s fiscal consolidation will continue over the coming years

  • February 12, 2014 October 21, 2019
  • 09:40

Budget 2014: Impacts on individuals and small business

Jamie Golombek, managing director, tax and estate planning, CIBC Private Wealth Management, highlights proposals in the 2014 Federal Budget that will have a direct impact on individuals and small businesses. He spoke from the Budget 2014 lockup in Ottawa.

  • February 11, 2014 October 21, 2019
  • 18:15

Budget 2014: End of graduated rates for testamentary trusts

Jamie Golombek, managing director, tax and estate planning, CIBC Private Wealth Management, reports that the Budget 2014 proposes an end to graduated rates for testamentary trusts. He asserts these trusts are still an important vehicle for clients under the proposed new structure. He spoke from the Budget 2014 Lockup in Ottawa.

  • February 11, 2014 October 21, 2019
  • 18:05

Ottawa to loosen rules relating to an estate’s charitable donations

Under the proposed new rule introduced in this year’s budget, a charitable donation made after an individual’s death will be attributed to the estate rather than the deceased

  • February 11, 2014 October 21, 2019
  • 17:35

Ottawa to toughen anti-money laundering rules

Changes include tighter scrutiny on Bitcoin and online casinos

  • February 11, 2014 October 21, 2019
  • 17:30

Help for skilled trades

A new loan program will provide education support for apprentices

  • February 11, 2014 October 21, 2019
  • 17:20

Flaherty gets creative in controlling government spending

Budget suspends defence accruals and reduces benefits for retired civil servants

  • February 11, 2014 October 21, 2019
  • 17:15

Feds eliminate graduated rates on testamentary trusts

Proposed changes are largely in line with those the government proposed in a consultation paper it released in June 2013

  • February 11, 2014 October 21, 2019
  • 17:10

Ottawa eliminates exemption on non-resident trusts

The feds are removing a widely promoted incentive program for wealthy immigrants, which will result in savings of $110 million over the next five fiscal years

  • February 11, 2014 October 21, 2019
  • 17:05