Budget

IIAC calls for higher RRSP, TFSA limits

The Investment Industry Association of Canada (IIAC) is calling on the federal government to cut capital gains taxes and increase contribution limits for RRSPs and TFSAs in the upcoming budget. The IIAC is also calling for greater flexibility for retirees to access their RRIFs, reducing the mandatory withdrawal rates, and the elimination of payroll taxes […]

By Staff |March 16, 2011

1 min read

Industry

Top firms propose tax changes

PricewaterhouseCoopers is advising Finance Minister Jim Flaherty to reduce corporate income tax rates even further.

By Dean DiSpalatro |February 3, 2011

4 min read

Economic Indicators

Economy dominates pre-budget debate

Deficits and debt reduction were the main topics of conversation at a Canada2020 sponsored event in Ottawa on Wednesday morning, featuring Chief Parliamentary Budget Officer Kevin Page and Jim Stanford, chief economist of the Canadian Auto Workers.

By Doug Watt |January 26, 2011

4 min read

Market Insights

A bumpy ride ahead

Towers Watson today released its 30th annual Canadian Survey of Economic Expectations, predicting mostly growth in a low interest rate environment. The survey is based on data gathered from mid-November to early December 2010 and provides projections from leading business economists, analysts and portfolio managers from more than 45 organizations. The Outlook Most survey respondents […]

By Staff |January 20, 2011

4 min read

Briefly:

The energy sector may be one of the country’s key economic drivers, but a survey commissioned by Edward Jones finds that just 23% of Canadians would invest in oil stocks if they had spare money to invest. The survey did not ask respondents to explain their opinion, but did find that Quebec residents were the […]

By Staff |August 11, 2010

3 min read

Claiming charity contributions

If your clients are generous givers and happened write a cheque or donate in cash or kind to their favourite cause or charity in 2009, make sure you remind them to save the receipts as you could help them reduce income taxes when you file their tax returns. Here are some strategies that make both […]

By Ann Galvin |January 1, 2010

3 min read