"Today’s 2021 budget was the first federal budget we’ve had in over two years," says Jamie Golombek, CIBC’s Managing Director, Tax and Estate Planning. Many items that had worried Canadians such as an increase in the capital gains inclusion rate, a tax on principal residences and a wealth tax were all absent, he adds.
The long-awaited document has "something for everyone"
Consider Covid-19 benefits, tax-loss selling and more.
From capital gains to wealth taxes, Jamie Golombek breaks down the Liberals' options.
Listen to the full podcast #1, on AdvisorToGo, powered by CIBC. Listen to the full podcast #2, on AdvisorToGo, powered by CIBC.
Five tax changes clients may ask about
Make the most of income splitting, passive income, donations and more. (Runtime: 5 min, 47 sec; size: 3.39 MB)
Help CCPCs retain small business deduction access in 2019 and beyond.
Help CCPCs retain small business deduction access in 2019 and beyond. (Runtime: 5 min, 59 sec; size: 2.82 MB)
The math behind the federal government’s rules, and tax strategies to explore.