There’s no question, the biggest piece of news out of the federal budget is increased age at which Canadians will qualify for Old Age Security payments. The good news is that the government has given plenty of notice.

The so-called “new normal” of ultra-low interest rates continues to lay waste to long-standing investment practices.

Where your client holds their assets is key to tax-efficiency. Seniors in particular need to take a close look at their dividend paying investments, as they can trigger OAS clawback.