Budget 2016

News for advisors from the 2016 federal budget tabled on March 22 in Ottawa, including Investment Executive‘s post-budget webinar with Jamie Golombek.
Photo copyright: rabbit75123 / 123RF Stock Photo

March 23, 2016

Budget 2016: Personal tax changes

Jamie Golombek, managing director, tax & estate planning, CIBC Wealth Strategies, discusses the main changes to personal taxes. He spoke from the budget lock-up in Ottawa.

  • March 23, 2016 November 9, 2019
  • 06:00

Ottawa aims to make post-secondary education more affordable

This year’s budget proposes several changes to student loan and student grant programs

  • March 22, 2016 November 9, 2019
  • 17:00

Feds to invest in boosting the middle class

Ottawa aims to spend on infrastructure and expanding the innovation economy

  • March 22, 2016 November 9, 2019
  • 16:55

Feds target life insurance tax loopholes for HNW clients

Budget 2016 proposes changes to ensure the capital dividend account rules for private corporations, and the adjusted cost base rules for partnership interests, apply as intended

  • March 22, 2016 November 9, 2019
  • 16:50

Feds to allow incorporated professionals continued access to small business tax rate

However, the small business tax rate will remain at 10.5% in 2017, but not drop to 10% as the previous Conservatives had promised

  • March 22, 2016 November 9, 2019
  • 16:45

Feds to end tax-planning opportunity associated with linked notes

Feds to end tax-planning opportunity associated with linked notes

  • March 22, 2016 November 9, 2019
  • 16:35

Feds reverse tax change to donation of private company shares and real estate

The decision to eliminate the proposed change introduced under the Conservatives may reduce wealthy individuals’ gifts to charities

  • March 22, 2016 November 9, 2019
  • 16:30

Liberals reintroduce LSVCC tax credit

Budget 2016 proposes to restore the credit to 15% for share purchases of provincially registered LSVCCs for 2016 and subsequent taxation years

  • March 22, 2016 November 9, 2019
  • 16:25

Feds to introduce bank “bail-in” regime

Change would be part of Ottawa’s plan to renew financial services legislation and modernize consumer protection

  • March 22, 2016 November 9, 2019
  • 16:20

Liberals kill tax benefits of corporate-class mutual funds

A move from one class to another within the corporate structure will be considered to be a disposition and subject to capital gains taxes

  • March 22, 2016 November 9, 2019
  • 16:15