CALU Report – The Principal Residence: Income Tax and Probate Considerations
The principal residence is an important asset to consider in most Canadian estate plans. This is not surprising since, for couples who are home owners, their home is not only a place to build their lives together, but also often one of their key investments.
CALU Report – 2020 Finance Roundtable Questions and Responses
On November 18, 2020 CALU held its first ever virtual CALU Finance Roundtable.
CALU Report – Shared Ownership Arrangements: New Planning/New Perspectives – Part 2
This CALU Report is the second in a two-part series entitled Shared Ownership Arrangements – New Planning/New Perspectives.
INFOexchange 2020 Vol.4
Content in this issue includes: CEO Update; Tax Court of Canada Upholds CDA Credit for Insurance; Business-Use-of-Home Expenses of the Owner-Manager during COVID-191...
CALU Report – 2020 CALU CRA Roundtable Questions
On July 8, 2020 CALU held its first ever virtual CALU CRA Roundtable. CALU wishes to thank CRA representatives Stéphane Charette – Director, Financial Industries and Trust Division, CRA and Bob Naufal – Senior Manager, Income Tax Rulings Directorate, CRA...
CALU Report – Shared Ownership Arrangements – New Planning/New Perspectives
This CALU Report provides a description of shared ownership arrangements, discusses new product applications and related premium sharing issues.
INFOexchange 2020 Vol.3
Content in this issue includes: Message from the Chair: Planning Through Uncertainty; CRA provides new warnings on tax promoter schemes; Foreign Annuities – Different Countries, Different Landscape; Industry Voices Key as Government Pursues Revitalized Agenda
Cindy David named as CALU’s third female chair
OTTAWA, ON, May 11, 2020 Cindy David, CFP, CLU, FEA, TEP, has been elected Chair of the Board of the Conference for Advanced Life Underwriting (CALU) for the 2020-2021 term. As the third female chair in the board’s 29-year history and the second in eight years, Cindy’s appointment reflects CALU’s commitment to the advancement of women advisors in the industry. Cindy brings over 25 years of experience in financial, retirement and succession planning and is a well-known voice across Canada’s business landscape. She is the President of Cindy David Financial Group Ltd., a boutique estate planning firm serving the financial, ...
INFOexchange 2020 Vol.2
Content in this issue includes: Message from the Chair: Pivoting to the Opportunities; Taking a Stand on Long-Term Care; Pandemic highlights need for national standards for senior care...
CALU Report – Can the CRA Pursue the Beneficiary of a Life Insurance Policy?
Section 160 of the Income Tax Act (the “Act”) broadens the power of the Canada Revenue Agency (CRA) to collect on income tax debts....
