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By Staff |May 2, 2006

1 min read

Budget presents financial planning opportunities

Nothing incredibly earth shattering from a financial planning point of view made it into the 2006 Federal Budget handed down by the Conservatives on Tuesday afternoon, but the finance minister’s first foray will likely leave clients feeling somewhat appreciative. Clients will likely be happy about the government’s moves to reduce small business and personal taxes, […]

By Kate McCaffery, Heidi Staseson |May 2, 2006

4 min read

Business tax cuts an overall plus

Lower taxes for businesses large and small that appeared in the Conservative government’s first budget will produce net positives for corporate bonds and spur investment, securities industry observers said. "It’s one of the few pro-business developments we’ve seen out of the budget in awhile," said Darcy Briggs, a portfolio manager and fixed income analyst at […]

By Philip Porado |May 2, 2006

3 min read

The big little complicated tax cut

If you have a client selling a house anytime soon, you might want to tell them to push their closing date to July 1. As expected the Conservatives cut the GST to 6% in Tuesday’s federal budget. The reduction to the GST represents 33% of the tax relief from the $26.2 billion in cuts across […]

By Mark Brown |May 2, 2006

5 min read