Entries by

Saskatchewan 2023 Budget Highlights

On March 22, 2023, the Saskatchewan Minister of Finance announced Saskatchewan’s 2023 budget. We have highlighted the most important financial measures you need to know, with an emphasis on the following:

• Corporate tax incentives.
• Tax credits and PST changes.
• Commitments to healthcare, education and social services.
• Infrastructure spending.

British Columbia 2023 Budget Highlights

On February 28, 2023, the B.C. Minister of Finance announced the 2023 budget. We have highlighted the most important financial measures you need to know:

• Tax credit changes.
• Increases to the B.C Family Benefit.
• Carbon tax changes.
• Other important tax changes.
• Healthcare and housing spending.

2022 Personal Year-End Tax Tips

The end of 2022 is quickly approaching – which means it’s time to get everything in order, so you’re ready when it comes time to file your taxes.

We’ve broken this article into the following sections to make it easy to find the tax tips you’re looking for:

• Investment considerations, including how to best contribute to TFSAs, RRSPs, and RDSPs.
• Families, including how to claim childcare expenses and make the most of RESPs.
• Retirees, including essential details about applying for CPP and OAS.

Essential tips and tricks for paying less tax and keeping more of your retirement income

It’s important to make the most of your retirement income. To do so, you need to be aware of what income is and isn’t taxable, and also how to make the most of the tax breaks you’re entitled to. This article outlines the four main steps you need to take to ensure you keep as much of your retirement income as possible:
1. Make a financial plan.
2. Split your pension income.
3. Buy an annuity.
4. Be aware of retirement-related tax breaks.