New measure will be particularly helpful for beneficiaries in situations in which a fundholder died in the latter half of 2008
Tax changes affecting tax brackets: > The basic personal amount increases to $10,320 in 2009, up from $9,600 in 2008.> The upper threshold of the first (lowest) personal income tax bracket increases to $40,726, up from $37,885. The first tax bracket is subject to a 15% federal tax rate.> The upper threshold of the second […]
Capital gains exemption would help attract and promote investment, members say
Rating trends could come under downward pressure if deficits grow
Transparency over spending urged
The inability of many consumers to make informed financial decisions is a contributing factor to rising personal debt and personal bankruptcies
Tax cuts could lessen fiscal flexibility
Planned spending on infrastructure and housing will be slow to kick in
CLHIA welcomes repeal of Section 18.2 of the Income Tax Act
Possibility of long-term structural deficits causes concern