Help maximize RDSP carry forwards | Advisor.ca
Feb 1, 2019 · One final point about the RDSP carry forward rules: grants and bonds are paid only if the RDSP is opened and contributions are made on or before December 31 of the year in which the beneficiary turns 49.
Home | Advisor.ca
4 days ago · News and resources for Canada's top financial advisors
Everything you need to know about Graduated Rate Estates
Feb 24, 2017 · Curtis Davis, FCSI, CFP, TEP, is director for tax, retirement and estate planning services, retail markets at Manulife Investment Management.
Essential tax numbers: Updated for 2025 | Advisor.ca
Nov 21, 2024 · The staff of Advisor.ca have been covering news for financial advisors since 1998.
David Baxter, The Canadian Press | Advisor.ca
Nov 20, 2024 · Chrystia Freeland quits cabinet the day of fall economic statement. Prime Minister Justin Trudeau offered her another cabinet role on Friday. By David Baxter, The Canadian Press | December 16, 2024 1 min read
What happens to the capital gains tax changes if the government …
Oct 10, 2024 · iStock / tiger barb. Taxpayers who sold property earlier this year to avoid the federal government’s hike to the capital gains inclusion rate (CGIR) could regret having done so if the tax measure is not passed into law before the next federal election.
CRA announces prescribed rate for Q1 2025 | Advisor.ca
Dec 9, 2024 · AdobeStock / Jeff Whyte. The prescribed rate on loans to family members will be 4% in the first quarter of 2025, and the interest rate Canadians must pay on overdue tax will be 8%.That’s down from 5% and 9%, respectively, in the current quarter.
Long-term care: How much it costs and how to pay for it
Jul 29, 2024 · iStock / Grandriver. Clients often don’t budget for long-term care in their retirement plans, which can be a considerable expense. While the public system is subsidized by provincial and territorial governments, clients must still pay out of pocket for part of the cost.
Informal trust accounts: How they do and don’t work
Jun 19, 2018 · Carol Bezaire , PFPC, TEP, CLU, is the vice-president of tax and estate planning at Mackenzie Investments. Carol can be contacted at: [email protected]
Unintended tax consequences of joint tenancy with a right of ...
Dec 3, 2021 · Let’s fast forward 10 years. The cottage is now worth $1.8 million, so each owner’s proportionate interest is $450,000. Raj passes away in an unfortunate accident, resulting in a deemed disposition of his interest in the cottage, which will be distributed equally among the surviving joint owners.