Tax News

Charitable giving, flow-through shares strategies

March is flow-through share season: the time of year when Canadian resource and exploration companies are most likely to be out raising funds. Charitable-giving strategies using flow-through shares are relatively well known, but strategies using a corporate client’s capital dividend account, or CDA, are underutilized.

By Mike George |March 1, 2011

4 min read

Inflated asset values can cause tax time issues

“The very term ‘Arabian horses’ takes me back to the early 1960s, watching in awe as Lawrence gallantly galloped across the Arabian sands on a sinewy strong stallion. The power, the grace, the beauty — it was unforgettable.” – Honourable Justice Campbell J. Miller (Teelucksingh v. the Queen)

March 1, 2011

3 min read

Protecting retiring allowance payments

A report by Generational Insight suggests that roughly 41.5% of the Canadian population consists of 'Matures' (those born between 1909 and 1946) and 'Baby Boomers' (those born between 1947 and 1966).

By Wilmot George |March 1, 2011

4 min read

Canadians raiding their RRSPs: BMO

After months of being lectured on their debt accumulation habits, Canadians have apparently taken up another bad habit, in part to combat the first: raiding their retirement plans. According to a survey conducted by Leger Marketing for BMO Financial, roughly 40% of Canadians with an RRSP admit they have made withdrawals from their plan before […]

By Steven Lamb |February 28, 2011

2 min read