Program spending a concern
Still consulting on REOP and income trusts and backing away from TPSPs
Ottawa proposes to make gold and silver qualified property for RRSPs
Ottawa to ramp up efforts against offshore tax havens
Among a host of initiatives, federal government looks to increase deposit insurance, reduce overlap between federal regulators and boost efforts to fight money laundering
Excise tax on jewelry phased out over five years
Up to $18,000 next year and $22,000 by 2010
Extensive reform of disability tax credit and RESPs promised
In today’s budget, Ottawa proposes removing the requirement to collapse life income funds at age 80 for former employees of federally regulated industries, such as banks, federal crown corporations and telecommunication companies.Present regulations of the federal Pension Benefits Standards Act stipulate that locked-in RRSPs must be converted into LIFs when the beneficiary reaches age 69. […]
Debt-to-GDP ratio will drop to 30.6% by 2010, Goodale promises