Federal Budget 2013: Closing Loopholes

Finance Minister Jim Flaherty delivered his eighth, and some say final, federal Budget on Thursday in Ottawa.

2013’s budget takes aim at deficit reduction, and shuts down some key tax advantages in an effort to generate revenue for Ottawa.

Advisor.ca’s coverage includes a look at how the budget impacts advisors, the investments industry, seniors, small and large business owners, the wealthy, and folks who just want to buy hockey skates and baby clothes. We’ve also included a sample letter to help you share key budget details with your clients.

Party’s over for tax-advantaged investing

If you’re investing primarily for the tax benefits, stop.

Small biz gets hiring tax credit

Budget 2013 provides some tax relief for small business owners, most notably a $1,000 Employment Insurance (EI) hiring credit.

2013 Budget looks a lot like 2012

This year’s Budget was instantly trademarked as a rebranded version of past versions. This is because it primarily offers extended and expected proposals.

Flaherty cuts tariff on sporting equipment

No budget would be complete without a few goodies, and this year they’re for the athletically inclined.

Little for seniors in 2013 budget

As they relate to Canada’s retirees, and near retirees, Finance Minister Jim Flaherty’s eighth, and some say his last, federal budget have received mixed reactions from industry stakeholders.

Budget 2013: A client letter

Show clients you’re proactive by sending them this customizable letter about the Federal Budget.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.