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The Elite Blog

Understanding Trusts and Bare Trusts

What is a Trust? A trust serves as a legal mechanism to delegate property management to a trustee

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Becoming a New Parent & Your Taxes

Did you know, July, August & September are the most common months for birthdays in Canada? I know

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Stop Procrastinating! Tips to file your Taxes on Time

Every year we have clients that file late. You know what, it happens. We’re all busy and filing

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What You Should Know About Audits

I am sure we have all been there. We go to our mailbox and what do we see

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Your Digital Estate Plan

I find that the beginning of the year is when most people stop and take a stock of

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Setting Your Holiday Budget

With holiday season in full swing, many Canadians are out rushing to stores to purchase the perfect gifts

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The 2019 Canadian Federal Election and Your Wallet

As a Financial Planner I pay close attention to Provincial and Federal budgets and elections.  Since the next

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Canada map

The History of Income Tax in Canada

Canadian income tax has a history spanning 100 years; from the Income War Tax Act of 1917 to

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Trudeau’s Tax Promises; Which Ones has He Kept?

Since Prime Minister Justin Trudeau has made several promises since running in the 2015 Federal Election. Now approaching

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Claiming Airbnb Income to the CRA

Airbnb has sent a reminder to its 55,000 Canadian host that they must claim their short-term rental income.

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Homes Sold Last Year Must Be Reported to CRA

As part of the Liberal government’s tightening of mortgage lending rules last October, Canadians who sold their homes

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Canadian Tax Changes for 2017

Since tax season is in full swing, there is no better time than now to pay attention to

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