In the short term, self-employed and business-owner clients probably will feel the negative effects of the CPP's expansion. In the longer term, the changes will result in a significant increase in CPP benefits
Common strategy’s wording problematic
Charitable giving is more important for Canadians with higher levels of wealth - and there is much advisors can do to help
Tax filers with a total income of more than $3 million had the largest increase in their effective federal income tax rate in 2016
High net-worth clients place considerable importance on their investments — and want to know and understand how their money is being managed
Tax surveillance is now global. HNW clients need to know the rules — and the penalties — of non-compliance
Solid economic growth and the recently negotiated U.S./Mexico/Canada Agreement for trade are points of strength, but the large deficit doesn't give Ottawa much room to address the widening cross-border tax gap
Recent changes to the way that active business income earned within a private corporation is taxed may affect some of your high net-worth clients
Although the new "tax on split income" rules target adult children and spouses of business owners, there are exceptions that permit income splitting under certain circumstances
Proposed amendments to a CDIC by-law “introduce requirements that entail significant systems and procedural changes” for IIAC member firms that act as nominee brokers