CALU submission to Finance on Bill C‐208 and section 84.1
CALU submission in response to the consultation announced in Budget 2022 relating to how the existing rules in section 84.1 of the Income Tax Act could be strengthened to protect the integrity of the tax system while continuing to facilitate genuine intergenerational business transfers. View the submission
CALU submission to CCIR-CISRO on Incentive Management Guidance
CALU submission on the Guidance to fully endorse the Advocis commentary, while also highlighting issues of particular interest and concern for our members.
CALU request on PHSP Limits under Section 20.01 and 144.1 of the Income Tax Act
CALU submission to the Department of Finance to consider an increase in the deduction permitted under section 20.01 of the Income Tax Act for sole proprietors and partners in respect of premiums or contributions to a private health services plan.
CALU submission to the Commissioner of Lobbying on the draft Code
CALU submits recommendations to the Commissioner of Lobbying based on the opinion that the current draft version of the Code contains elements that are unworkable, unenforceable and present an overreach specifically with the definitions of close relationships, low-value gifts and political activities. View the submission
Pre-budget consultations in advance of the 2022 federal budget (update)
CALU submission to the Department of Finance with recommendations to best support economic growth, make life more affordable and build an even stronger economy for the future. View the submission
CALU submission to consultation on the Underused Housing Tax
CALU comments to the Department of Finance on its consultation relating to the underused housing tax announced in Budget 2021. View the submission
CALU submission on Proposed Amendments to Section 84.1 to Permit Intergenerational Transfers
CALU comments to the Department of Finance on recent developments, including the recent enactment of Bill C‐208 and the subsequent Finance Canada media releases, as well as the growing experience with the exception to the Quebec Taxation Act rules that are the equivalent to section 84.1.
Pre-budget consultations in advance of the 2022 federal budget
CALU submission to the House of Commons Standing Committee on Finance with recommendations based on our public policy priorities.
CALU submission on draft legislation governing ELHTs
In this submission CALU will comment specifically on modifications to the “25%/75%” test for key employees so it will be determined at the trust (plan) level; changes that permit up to $2,500 for funding the costs of private health services plans (PHSPs) for key employees and family members; and other matters relating to the provision of health and welfare benefits for employees of small businesses.
Response to Impact of Calmusky Decision on Estate Planning
A joint submission from Advocis, The Financial Advisors Association of Canada, and CALU to the Ministry of Finance outlining concerns about the potential impact of the recent Ontario court decision in Calmusky v. Calmusky on the estate plans of many Ontarians. View the submission
