Finance Minister Jim Flaherty will deliver the 2012 federal budget on March 29. Investment Executive reporter and editors will be there to deliver news, insight and IE:TV coverage for advisors.
April 2, 2012Finance Minister Jim Flaherty will deliver the 2012 federal budget on March 29. Investment Executive reporter and editors will be there to deliver news, insight and IE:TV coverage for advisors.
April 2, 2012Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the budgetary decision to drop the penny from circulation. The penny has dropped -- but how will it impact the wallets of Canadians? It seems one can be penny-wise and round-foolish and Golombek tackles the thorny issue of rounding up or down, as laid out in Budget 2012. Golombek spoke on location from within the media lock-up in Ottawa.
Budget will help grow tech sectors of the economy
Association is pleased that Ottawa has re-affirmed its commitment to a national securities regulator
The life and health insurance industry association pleased with Ottawa’s ongoing commitment to PRPPs
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa’s budget restrictions to retirement compensation arrangements, changes to employee profit sharing plans and amendments to the exempt test of insurance policies. Golombek spoke from within the media budget lock-up in Ottawa.
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa's budget amendments to RDSPs and RESPs. RDSPs have been streamlined and several aspects are more favourable to the beneficiary, including guardianship and repayment terms. He spoke form the budget lock-up in Ottawa.
Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management, discusses the implications of Ottawa’s budget proposal to move the age of eligibility for Old Age Security to 67 from to 65. Also starting in 2013, Canadians will be able to defer taking OAS until later. He spoke in Ottawa.
More flexible tax rules and fewer administrative barriers could boost participation
Criteria used to determine whether policies are exempt from accrual taxes have been updated
Proposed change intended to close loophole exploited by some employers