AdobeStock/tanonte AI generated Under pressure from the U.S. trade war and a slowing economy, Canada’s provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada ...

28% of firms surveyed in Q2 said they expect a recession A pair of reports from the Bank of Canada say tariff-related uncertainty continued to put a damper on business and consumer sentiment in the ...

Noushin has been the associate editor of Advisor.ca since 2024. Previously, she worked at outlets including the CBC, Canadian Press, CTV News, Telegraph-Journal and Chronicle Herald. Reach her at ...

The fiscal stimulus required to support Canadians during the pandemic was always going to be inflationary, no matter what the Bank of Canada did ...

AdobeStock / Joyfotoliakid You have a lot to remember as an advisor, so we’ve assembled this reference list of tax numbers. We’ll update it as things change. Working clients Maximum RRSP contribution: ...

AdobeStock / Loreanto Incorporated business owners are often skeptical of paying into the Canada Pension Plan (CPP). They believe they’re getting a bad deal by paying both the employer and the ...

Most Canadians are familiar with the duties of an estate executor. But what are the duties of the trustee? And what happens if the trustee doesn’t perform them properly? Different roles; same people ...

Clients who lived and worked in the United States may have accumulated retirement savings in U.S. plans. Or they may have inherited a U.S. plan on the death of a spouse or received a portion of a U.S.

The TFSA contribution limit for 2024 has been officially released. That limit is $7,000, up from $6,500 in 2023 and $6,000 in 2022. “This marks the first time that we have seen two consecutive years ...

The first time many Canadians hear the term “FIRPTA” is from their listing agent when they’re selling U.S. real estate. Under the Foreign Investment in Real Property Tax Act (FIRPTA), “the disposition ...

Upon death, absent a qualified rollover to a surviving spouse or partner, the fair market value of an RRSP or RRIF is included in the deceased’s estate as taxable income. The liability to pay the ...

Most people take on the role of executor because they think it’s an honour to be selected, or because they feel a duty to act. In other cases, potential executors are motivated by the sometimes ...