Industry

Tallying up the Tories’ tax promises

Offering employers up to $10,000 for each new child care space created for employees. Creating a tax credit of 10% of wages paid for eligible apprentices for a maximum of two years. This will address the issue of training people to replace retiring boomers, although the types of positions that will be consider for this […]

By Mark Brown |February 9, 2006

2 min read

Tax cut seen boosting charity gifts

Experts in the charitable giving field are hopeful that the Conservative government of Stephen Harper will follow through on a promise to eliminate capital gains taxes on equity donations. Such a move would have a huge impact, according to a report penned by Don Drummond, chief economist at TD Bank Financial Group. Dubbed a “sleeper […]

By Steven Lamb |February 9, 2006

2 min read

Planner progress

(February, 2006) Much of the industry has embraced the CFP designation, but there’s still room for improvement. The Financial Planners Standards Council (FPSC) has come a long way from being known as “just two people and a fax machine.” The organization recently celebrated its 10th anniversary and with that milestone, FPSC president Donald Johnston has […]

By Deanne Gage |February 8, 2006

3 min read

Raise inflation projections for retirees, planner recommends

It’s a question advisors have debated for years: What’s the appropriate rate of inflation when creating financial plans for clients? At least one planner believes inflation assumptions are too low, particularly for retirees. Peter Baigent, CFP, head of Kelowna,B.C.-based Money Minders Software, concedes there are logical arguments for both sides of the inflation question. Some […]

By Doug Watt |February 8, 2006

2 min read