Tax Planning

Be careful when donating publicly listed securities by  Amanda J. Stacey, Troy McEachren High-net worth clients who plan to donate publicly listed securities (e.g. public company shares, ETFs, mutual fund units, etc.) to charity should be aware—and wary—of proposed tax changes in the 2023 Federal Budget. Introduced in 1986, the …

New participating life insurance product designed to support charities is the first available in Canada Winnipeg, MB–Canada Life revealed a new, first-of-its kind in Canada, participating life insurance product designed for charitable giving. It gives clients the ability to choose a registered charity who will be both the owner and …

New research report on high-net-worth Canadians reveals the priorities, concerns and blind spots related to the transfer of wealth TORONTO, ON–According to a new report on high-net-worth (HNW) households by IG Private Wealth Management (a division of IG Wealth Management), the pandemic has caused many to pause and reflect on …

Now easier to thank donors and send a tax receipt AURORA, ON–Canada Post announced this week that they have acted upon the advocacy of Steve Falk, CEO of Prime Data, and other industry leaders and have included thank you notes with tax receipts in the Personalized Mail category. Until this …

TORONTO, ON–December is holiday giving season, when companies and Canadians join together with charities to help those in need. Kristine Remedios (left), KPMG’s Chief Inclusion and Social Impact Officer, leads the firm’s national inclusion and diversity strategy which leverages the capabilities and collective impact of employees, clients, non-profits and charities …