Freeland directed to raise taxes on banks and insurers, introduce 15% minimum tax on high earners
Minister of National Revenue's mandate letter emphasizes Covid recovery support and combating aggressive tax planning
Employees using the simplified method can now claim $500, up from $400 last year
The odds are good, but the final answer won't come until November 2022
This strategy can work well for wealthy clients with large TFSA balances
Find out how much clients can contribute
Considerations include a potential hike to the capital gains inclusion rate
No tax cuts were in the fall economic statement
Helping families plan with an RDSP gives advisors a broad topic of conversation with clients
A major promise from the 2018 election that has not been fulfilled is a pledge to cut income taxes by 20% for the second income-tax bracket