Tax News

International income isn’t always tax-free

It’s common these days for nearly every financial advisor to have at least one client with a foreign connection. That could mean a client with a foreign parent living overseas or a child living in the United States. It could also be a client who has previously lived in Europe and then immigrated to Canada, but still has financial ties with the foreign jurisdiction.

By Jamie Golombek |April 1, 2011

3 min read

Litigating a faulty RRSP mortgage

While not common today, it has long been possible to hold your own mortgage within an RRSP. Particularly in a high-interest-rate environment, there is certainly an appeal to feeding high monthly mortgage payments into your own RRSP — rather than to your favourite lending institution.

April 1, 2011

3 min read

Promises, promises: NDP sneak attack!

Wow! Who expected the NDP to score a pro-business point in this campaign derby? Talk about coming out of left field! The New Democratic Party (NDP) has rolled out its tax plan, promising to cut the small business tax rate from 11% to 9%, saying the move would not only create jobs but also create […]

By Staff |March 30, 2011

2 min read

Promises, promises: Parties start campaign

As Canada braces for an onslaught of political promises ahead of May's election, all parties will start promising the moon to voters.

By Staff |March 29, 2011

2 min read