In this week's edition

As baby boomers retire, they’re considering how to transfer wealth to the next generation. In this second article of a two-part series, columnist Wilmot George delves into strategies for gifting while living versus at death.

While recent legislation, including proposed changes to the capital gains inclusion rate, may make trusts less attractive in some circumstances, trusts continue to be advantageous for some client families. Columnist Matt Trotta outlines the pros and cons of family trusts.

Industry associations are calling on the feds to review the Canadian tax regime, arguing that increasingly complicated tax rules discourage entrepreneurship and hamper growth. The groups’ recommendations were part of their submissions to the Department of Finance’s 2025 pre-budget consultation, which closed last month. Reporter Rudy Mezzetta has the details.

The Bank of Canada is ending its work on issuing a digital Canadian dollar, a possibility it began studying four years ago. Instead, the central bank will focus on “the evolution of payments both in Canada and around the world.” Learn more about the central bank’s plans.

Earlier this month, we asked you about the questions you find most effective to pose to clients. Here’s a reader gem: “If I could show you how to send fewer tax dollars to Ottawa and have more wealth in retirement, would you be interested?” Thank you to everyone who sent in responses. We’ll cover the topic of questions in more detail in a future article.