Tax

Morneau wants your pre-budget input

Minister of Finance Bill Morneau is busy conducting the federal government's pre-budget consultations, before the spending plan is released sometime this February or March.

By Staff |January 8, 2016

2 min read

CRA gives up on millions in money owed

It was a busy year in court for CRA. The revenue agency won 201 tax fraud cases, worth $106.6 million in lost tax money, in 2014-2015.

By Melissa Shin |January 6, 2016

2 min read

Canadians plan to prioritize charitable giving

Almost 60% of Canadians plan to make it a priority to donate to charitable causes in 2016, finds a BMO Wealth Management report. Other priorities include becoming healthier, spending more time with family and friends, and improving their overall financial situation by spending less, saving more and paying off debt. When thinking about which charities […]

By Staff |January 5, 2016

2 min read

Which RRIF strategy is best for clients?

In 2015, two things happened to make advisors ponder what RRIF income strategy is best for clients.

By Michelle Connolly |January 5, 2016

5 min read