Submissions and Presentations

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

CALU recommendations on the measures the federal government could take to restart the Canadian economy as it recovers from the COVID-19 pandemic and to enhance the social safety net and tax equity among Canadians. View the submission

A joint submission from Advocis, The Financial Advisors Association of Canada, and CALU with feedback and recommendations to the Department of Finance Canada regarding the proposed reduction in the minimum withdrawal rate for RRIFs. View the submission

Comments on behalf of Advocis, The Financial Advisors Association of Canada, and CALU, the Conference for Advanced Life Underwriting regarding the consultation on insurance rebating in the province of British Columbia. View the submission

CALU provides feedback to the Department of Finance on the draft legislative proposals released on May 27, 2019, that are designed to facilitate the conversion of Health and Welfare Trusts to Employee Life and Health Trusts. View the submission

In July, CALU submitted its annual pre-budget brief to the House of Commons Standing Committee on Finance. View the submission

On January 15, 2019, CALU sent a letter to Finance Minister Bill Morneau reminding him that the rules regarding intergenerational transfers of family business need to be revised, and recommended that he announce legislative changes in this area as part of the 2019 federal budget. View the submission

As part of the consultations leading up to Budget 2019, CALU made a submission to the House of Commons Standing Committee on Finance. CALU’s recommendations focused on three main themes: long-term care support for Canadians, pharmacare and the taxation of private corporations. View the submission

On June 29, 2018, CALU made a submission to Finance Minister Bill Morneau relating to the 2018 Federal Budget proposals which will require Health and Welfare Trusts (HWTs) to be wound-up or converted to Employee Life and Health Trusts (ELHTs) by the end of 2020. CALU also sent a copy of its 2010 submission to Finance Canada relating to HWTs and the proposed ELHT rules which were introduced in 2010, which is referenced in CALU's current submission. View the submission

On May 17, 2018, CALU made a submission to the Senate Standing Committee on National Finance ("Senate Finance Committee") commenting on certain legislative proposals contained in Bill C-74, Budget Implementation Act 2018, No. 1 ("Bill C-74"). In particular, CALU commented on the tax on split income (TOSI) rules and the legislation that will limit access to the small business deduction (SBD) where passive investment income within a Canadian-Controlled Private Corporation (CCPC) exceeds $50,000 in a year (the "passive investment rules"). View the submission