Wealth Planning: Work from Home Expenses
With the transition to working from home as a result of the COVID-19 pandemic, many questions have come up regarding eligibility for home office deductions that…
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Wealth Planning: Medical Expenses
Out-of-pocket medical expenses can be claimed as a non-refundable tax credit on your personal tax return, which is used to reduce the total tax payable. Non-refundable…
New COVID-19 Loan Guarantees
On January 26, 2021, Finance announced the launch of the Highly Affected Sectors Credit Availability Program or HASCAP. As first outlined in the 2020 Fall Economic…
Health & Wealth
As many of us know, financial stress can impact many areas of our lives. According to the latest chapter of the Financial Stress Index, by FP…
Snowbirds: Insurance Amid COVID
In March, when the virus began its global spread and Canada advised against non-essential travel abroad, travel insurance providers stopped selling COVID-19 medical coverage. Now, several…
CEWS Claim Deadlines
The January 31st, 2021 deadline is fast approaching for CEWS (Canada Emergency Wage Subsidy) claims for Periods 1 to 5, and we want to ensure you…
Family Income Splitting Loans
If you have any family income splitting loans, it’s important that you make sure that the 2020 interest on these loans is paid to lenders by…