Insights
Taxation and finances made easy
The future of financial services
Alan Rowell and Jason Ayres join Annette Hamm on CHCH Morning Live to discuss the future of financial services.
2025 Tax Year Changes
Federal Tax Cut Canada has reduced the federal income tax rate for the first tax bracket from 15% to 14%, effective July 1, 2025. Details of the Tax Cut Effective Date: The new 14% rate applies to income earned from July 1, 2025, onward. 2025 Blended Rate: For the...
Capital Gains Taxation – Election Promises
The federal government announced in the February 2024 budget that the inclusion rate would rise to 66.7% (two-thirds) for capital gains exceeding $250,000 annually for individuals, as well as for corporations and trusts. However, in January 2025, the government deferred this change to January 1, 2026.
RRSPs and Your 2024 Tax Return
A Registered Retirement Savings Plan (RRSP) is a cornerstone of Canada's retirement savings framework, offering individuals a tax-advantaged means to accumulate funds for retirement.
Charitable Donations & Taxation
The Government of Canada has announced an extension of 2024 charitable donations to February 28, 2025.
Harvesting Capital Gains & Losses
Prior to the end of each tax year, Financial and Investment Advisors review the portfolios of their clients with an eye to “Tax Loss Selling”. The idea behind this annual review is multifold but in November and December, the focus becomes which investments...