Proposed changes intended to modernize and streamline province’s securities legislation
Establishing a personal corporation would allow advisors to receive preferential tax rates
Ministers committed to moving forward on advisor incorporation
Ministers remain committed to on-going reform of Canada's securities regulatory system
An annual permit system is the most popular option
Are policy-makers moving in the wrong direction on incorporation?
Alberta’s provincial government has three proposals to consider that may finally resolve the issue of advisor incorporation
A consultation paper published late last year by Alberta’s Ministry of Finance and Enterprise proposes three possible ways for financial advisors to structure their businesses as personal corporations.Two of the proposals involve legislative changes to introduce incorporation and the third aims to level the playing field between mutual fund dealers’ reps, who have traditionally been […]
Consultation paper presents several proposals