Income tax | Page 22 of 22

Retiring allowance: Getting ahead of ourselves

Can a payment before retirement be a retiring allowance? Our company’s information line has received a string of similar inquiries from advisors in the same locality recently. The issue is the tax treatment of certain employment related payments.

January 12, 2011

2 min read

Industry

Ottawa clarifies REIT rules

The federal government has proposed changes to the Income Tax Act provisions governing real estate investment trusts, which were exempted from the taxation treatment imposed upon other income trusts. “Our government is committed to providing clarity in the application of the REIT rules,” said Finance Minister Jim Flaherty. “These changes take into account constructive comments […]

By Steven Lamb |December 17, 2010

1 min read

Industry

How to play the claim game

No matter what they do, financial advisors are going to get sued. And what’s worse is the court is not a level playing field. An ounce of prevention, therefore, is worth a pound of cure, says Ruth Mercer, senior general adjuster for Crawford & Company (Canada) Inc. Speaking to the audience at the Independent Financial […]

By Vikram Barhat |November 4, 2010

4 min read

Industry

Lipper awards honour fund industry

Blog Polls The fourth annual Canadian Lipper Fund Awards were handed out in Toronto last night. The Lippers differ from the more established Canadian Investment Awards in that they honour top funds for their performance over multiple time frames. Dynamic Funds was the big winner of the night, taking home 14 “Fund of the Year” […]

By Steven Lamb |February 19, 2010

3 min read