Jamie Golombek, managing director, tax & estate planning, CIBC Wealth Strategies, highlights several tax changes in the 2016 federal budget that will impact small businesses. He spoke from the budget lock-up in Ottawa.
Housing costs are a growing worry, BMO index finds
New funds hold several big names found in broad U.S. stock indexes
Effective communication, whether digital or in person, remains key to strong client/advisor relationships
Several major initiatives could launch this year
Budget 2023 also proposed changes to allow divorced or separated parents to open joint RESPs
Tuesday's budget also proposes extending a measure that was set to expire this year
The proposed changes take aim at deductions, credits and other tax strategies
Tax measures are aimed at wealthier individuals and corporations