This year's deficit-fighting federal budget delays public pension eligibility and closes various tax loopholes to help get public spending under control. But there were some breaks for specific groups, such as the disabled and the mining sector
Ottawa estimates pulling the one-cent coin from circulation will save $11 million a year
Donate defunct coins to charity, finance minister says
The federal budget is now a northern version of the state of the union address - long on spin, short on details. No more need for secrecy
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the budgetary decision to drop the penny from circulation. The penny has dropped -- but how will it impact the wallets of Canadians? It seems one can be penny-wise and round-foolish and Golombek tackles the thorny issue of rounding up or down, as laid out in Budget 2012. Golombek spoke on location from within the media lock-up in Ottawa.
Budget will help grow tech sectors of the economy
Association is pleased that Ottawa has re-affirmed its commitment to a national securities regulator
The life and health insurance industry association pleased with Ottawa’s ongoing commitment to PRPPs
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa’s budget restrictions to retirement compensation arrangements, changes to employee profit sharing plans and amendments to the exempt test of insurance policies. Golombek spoke from within the media budget lock-up in Ottawa.
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa's budget amendments to RDSPs and RESPs. RDSPs have been streamlined and several aspects are more favourable to the beneficiary, including guardianship and repayment terms. He spoke form the budget lock-up in Ottawa.