CALU Submission to Finance on Underused Housing Tax (UHT)
Read our response to the consultations by Finance on the Underused Housing Tax (UHT) including our recommendation that the exemption from filing requirements for exempt Canadian entities be made effective for 2022, and not 2023 as currently proposed. View the submission
CALU Report – Business transfer rules changing in 2024
In this CALU report, Jason Lau and Kenneth Keung from Moodys Tax Law review the new intergenerational business transfer rules relating to section 84.1 of the Income Tax Act that are expected to take effect in 2024. (Members only) Download now
INFOexchange 2023 vol. 4 is now available!
The final issue of INFOexchange for 2023 includes a message from our Chair, Robert McCullagh, as well as an advocacy update from Board member and Chair of the Government Relations Committee, Diane Everett. Also included are two expert articles: “Disability insurance claims: Be involved” by Christopher Riddell, CLU, CHS, Partner, Wise Riddell Financial Group, Justine Zavitz, CLU, CFP, CHS, GBA, Vice-President & Advisor, Zavitz Insurance & Wealth Inc., Samuel Waxman, CLU, CFP, CHS, CEA, Life and Living Benefits Insurance, Waxman Planning, Scott Beckett, MBA, President, Edgewater Financial Group; and ”, and “CLHIA 2023 CRA Roundtable – The CRA responds” ...
CALU Letter to Finance Canada on DRD
CALU writes a follow-up letter to Finance Canada to reiterate concerns about the dividend received deduction (DRD) measure that was first proposed in Budget 2023 and reaffirmed in last week’s Fall Economic Statement with only slight modifications. Download now
CALU Practice Note – Best practices for professional networking arrangements
The CALU Market Practice Committee (MPC) recently considered a client referral arrangement between an accounting firm and insurance advisors which raised potential market practice and regulatory compliance issues. CALU has now developed a Practice Note which discusses a number of legal, regulatory and tax issues relating to client referral arrangements between insurance advisors and accounting firms, as well as setting out best practices for CALU members to follow when contemplating referral arrangements of this nature. (Members only) Download now
Renewal of Mentorship Program
CALU is once again offering a mentorship program as a benefit to members for a six-month period from November 2023 to April 2024. Launched last year with very positive reviews from participants, the second phase of this pilot program is open to the entire CALU membership, including Associates. The Mentorship program is intended to enable CALU members with many years of industry experience to share their wisdom and vast knowledge with other members who are interested in learning from them. Mentorship isn’t intended to only be beneficial for mentees. It also gives mentors the chance to grow both personally and ...
INFOexchange vol. 3 is now available!
This year's third edition of INFOexchange includes a message from our Chair, Robert McCullagh, as well as an advocacy update from Board member and Chair of the Government Relations Committee, Diane Everett. Also included are two expert articles from Benoit Charest, Avocat, LL.M. Fisc., Wealth and Tax Planning Consultant, Canada Life and Steven McLeod, LL.B., TEP, Director, Tax and Estate Planning Group, Canada Life on "Tax court case highlights CRA’s confusing positions on corporate life insurance", and Barry Corbin, Corbin Estates Law Professional Corporation, on "Electronic declarations under the Insurance Act." (Members only) Download now
CALU Report – AMT update: New legislation released
This CALU Report on the Alternative Minimum Tax (AMT) updates a previous report and includes a review of the key rules as modified by the August 2023 draft legislation from the Department of Finance. (Members only) Download now
CALU submission to Finance on intergenerational business transfers
CALU letter to Finance relating to draft legislation released on August 4, 2023 as it pertains to intergenerational business transfer rules. View the submission
CALU submission to Finance on the AMT
CALU submits letter to Finance relating to draft legislation released on August 4, 2023 as it pertains to the application of the Alternative Minimum Tax (AMT) rules. View the submission
