Fitch puts UK on review for downgrade
Review reflects the latest economic and fiscal forecasts
- By: James Langton
- March 22, 2013 March 22, 2013
- 15:50
High household indebtedness expected to curb appetite for credit growth
Cyprus deadline looms
The 2013 federal budget appears to be cracking down on conversion contracts, which convert what would otherwise be considered income into capital gains. Jamie Golombek,…
Tax benefits from leveraged life insurance arrangements to be reduced
Changes will effect mutual funds that use these contracts to increase yields
Budget takes steps to secure banking system
The feds want to ensure the corporate and personal tax systems are more fully integrated
Federal budget proposes a program that rewards whistleblowers
Changes will extend time for reassessment and form T1135
Program would provide an additional 25% tax credit on a first-time charitable donation
Government hopes to reach agreement with provinces, but remains vague on details
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management discusses budget 2013 the dividend tax credit rates that will impact…
Provincial legislation is still needed from some major provinces to allow RDSPs to be opened under a temporary measure
Ottawa to determine whether a comprehensive guide or principles are needed
There will be another $60 million for incubators, but gradual elimination of the tax credit for labour-sponsored venture capital corporations
New expenditures include a focus on certain key sectors
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management discusses breaking good news for small business owners in the 2013…
Lower than expected growth may mean that this target will be hard to hit
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management discusses breaking news about tax rates for charitable giving in the…
Feds could demand 50% of disputed amounts
The government is proposing to raise the limit for small businesses by $50,000
This year’s federal budget contains the smallest increase in discretionary spending in 20 years
Dept. of Finance publications
The gains came as shoppers paid higher prices