CALU 2021 Year in Review
Look back with us at this past year with the CALU 2021 Year in Review.
CALU Special Report: Federal Budget 2022
Finance Minister Chrystia Freeland tabled the Liberal government’s 2022 budget yesterday. Budget 2022, A Plan to Grow Our Economy and Make Life More Affordable, was a departure from the era of massive stimulus spending for COVID-19 measures, while attempting to maintain key Liberal tax and social policy themes and introducing several new initiatives to reflect current challenges such as housing and defence. This CALU Special Report highlights proposed government initiatives and tax proposals of greatest interest to our members and their clients. We extend our thanks to Kevin Wark and Angela Ross, CALU's tax advisors, for their work in ...
INFOexchange 2022 vol. 1 is now available
INFOexchange volume 1 is now available for members! Chair Barry Pascal reflects on his time as CALU chair as it approaches its end. Followed is our GR Column covering the legislative agenda and governmental updates and two informative articles written by CALU Tax Advisor, Kevin Wark: Does Subsection 70(5.3) apply to corporations? The Underused Housing Tax – A whole new act! (Members only) DOWNLOAD NOW
CALU Report – Recent estate planning developments in Canada
In this expert CALU Report now available for members, authors Rachel Blumenfeld and Marni Pernica of Aird & Berlis LLP provide an overview of key legislative changes relating to estates and substitute decision-making laws in Canada and discuss recent case law on beneficiary designations and the presumption of resulting trust,
CALU Special Report – Valuing corporate owned life insurance: A new twist
In this CALU Special Report, Valuing corporate owned life insurance – A new twist, Kevin Wark, LLB, CLU, TEP, Tax Advisor, CALU takes a look into the valuation of corporate-owned life insurance in determining Ontario estate administration taxes.
Economic and Fiscal Update 2021
MPs in the House of Commons are in a FES-tive mood today – and the cedar garlands adorning the walls of Parliament Hill aren’t the only reason. The federal government’s long-awaited Fall Economic Statement was delivered by Finance Minister and Deputy Prime Minister Chrystia Freeland today.
INFOexchange 2021 vol. 4 is now available
INFOexchange volume 4 is out as of today! Chair Barry Pascal reflects on the past year and looks forward to a bright year ahead.
CALU Practice Note – Revisiting provincial rebating and inducement rules
This new Practice Note revisits one of the marketing practices discussed in the March 2019 Practice Note, and also reviews another marketing practice which may raise concerns with provincial regulators as being a form of policyholder rebate or inducement.
CALU Report – Private corporate tax accounts: Timing is everything
The Income Tax Act (ITA)1 establishes a number of different tax accounts for private corporations to ensure proper integration of taxes with shareholder distributions and to minimize tax avoidance transactions.
CALU Practice Note – Advisor/client consideration in purchasing foreign life insurance policies
Canadian individuals and private corporations often acquire life insurance policies to meet liquidity needs on death, as well as accumulate capital on a tax-advantaged basis during the lifetime of the insured
