News and insight for advisors from the 2018 federal budget tabled on February 27 in Ottawa.
February 28, 2018
News and insight for advisors from the 2018 federal budget tabled on February 27 in Ottawa.
February 28, 2018Keep on top of all the latest tax changes in Budget 2018. Watch this webinar replay with noted tax expert Jamie Golombek.
Feds fall short of promoting sustained growth: IIAC
Changes to income sprinkling, passive investment income and the small business tax rate
The government’s proposal limits access to the lower small-business rate rather than taxing passive income above $50,000 at potentially punitive tax rates
The federal government intends to implement several measures to increase gender diversity, which “leads to more growth,” said Finance Minister Bill Morneau
Feds also aim to modernize the deposit insurance system and implement a framework for resolving systemically important financial market infrastructure firms
Ottawa also intends to study “open banking” and determine whether it would deliver positive results for Canadians
The new “use-it-or-lose-it” benefit would increase the duration of EI parental leave by up to five weeks for parents
The government will be investing money to improve the fairness and integrity of the tax system as well as introduce new rules
Budget 2018 extends a temporary measure to set up RDSPs in cases in which the capacity of the individual to enter into a contract is in doubt to the end of 2023
Follow our coverage of Bridging Finance Inc., a portfolio manager and exempt market dealer based in Toronto.
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