Canada Disability Benefit
Launched in June 2025, the Canada Disability Benefit (CDB) is a new federal program providing monthly financial support to working-age Canadians living with disabilities. The benefit aims to reduce poverty and provide greater financial security for those who may face additional living costs related to their disability.
The Upside of Downturns: Strategic Tax-Loss Harvesting
Volatile markets often prompt investors to review their portfolios and asset allocations. While market volatility is rarely enjoyable, it can open the door to valuable opportunities – especially for tax-savvy investors. One such opportunity is the “triggering” or “harvesting” of capital losses.
2025 Tax Resources
2025 Wellington-Altus Personal and Corporate Reference Cards
Making the Most of Canadian Registered Accounts: A Quick Reference Guide
Canadians have access to a plethora of tax-preferred vehicles for saving and investing, each of which provides unique planning opportunities and trade-offs, as well as their own rules and conditions that must be followed. With so many options, determining the best use for each type of account as part of a comprehensive wealth plan can be challenging.
Calculating 2025 RRIF Minimum Withdrawals
or clients who have rolled their Registered Retirement Savings Plan (“RRSP”) over to a Registered Retirement Income Fund (“RRIF”) or who have an existing RRIF account in 2024, the following information outlines how their 2025 minimum withdrawal will be calculated. All RRIF withdrawals are reported as pension income on a T4RIF slip.
Understanding the RRSP Deduction Limit Statement
Every year clients look at the RRSP Deduction Limit Statement on their Notice of Assessment and ask similar questions.
Tax-Free First Home Savings Account
The First Home Savings Account (“FHSA”) was introduced in the 2022 Federal Budget to address the increasing difficulty Canadians are experiencing in buying a first home due to rising real estate values. The FHSA is intended to help Canadians save and fulfill their dreams of home ownership.
TFSAs 101
The Tax-Free Savings Account (TFSA) allows Canadians to save and invest funds tax free in order to fund a wide variety of short and long-term financial goals.
2024 Personal Tax Planning Cards
Download our province and territory-specific 2024 Personal Tax Planning Cards below.
Personal and Corporate Tax Integration Reference Card 2024
Download our province and territory-specific 2024 Personal and Corporate Tax Integration Reference Card below.