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

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...

Content in this issue includes: Message from the Chair: 2019-2020 Year in Review; Be Greedy (In Tax) When Others Are Fearful; New C.D. Howe E-Brief –“The Power of Postponement”; Prescribed Rate Loan Planning and TOSI; The Challenges of Underwriting During a Pandemic

Articles in this edition include: Election results; 2020 AGM; Donations of life insurance policies in B.C.; Stock options; Recent CRA Announcements Regarding PHSPs and HCSAs; In-Trust Accounts: The good, the bad and the ugly

Articles in this edition include: a message from Chair Roger Sinclair; a review by Jenny Du and John Grant regarding a key tax concern with actively trading investments within a TFSA and how Budget 2019 increases the associated tax risks to TFSA holders...

Articles in this edition include: a message from Chair Marty McConnell; an explanation of the significant impact of the new “look-through” rules in section 212.1 of the ITA that may disrupt the standard post-mortem “pipeline” plan for estates with non-resident beneficiaries by Anjali Navkar and Thanusan Raveendran...

Articles in this edition include: a message from Chair Marty McConnell about the value of advice, an explanation of the mismatch in the federal and Ontario small business deduction rules by Thanusan Raveendran...

Articles in this edition include: a message from Chair Marty McConnell about CALU’s strategic plan for 2018-2021; a summary of a consultation report on proposed beneficiary designation changes in Manitoba by Monica Carinci and Rachel Blumenfeld...

Articles in this edition include: a message from Chair Marty McConnell, the pros and cons of alter ego trusts from Maureen Berry, and an article “Team Trudeau: Where they’ve been and where they’re going?” from CALU’s Government Relations consulting firm FleishmanHillard Highroads...

Articles in this edition include: a message from Chair Gilles Chevalier about CALU’s accomplishments over the past year (and a link to the President’s Report to Members), an update on recent tax Developments from CALU Tax Consultant Kevin Wark, and a blog from Government Relations Committee Chair Warren Blatt about why grassroot engagement is key to CALU’s success.

In the lead article “Joint Tenancy: A Primer” Margaret O’Sullivan re-examines the fundamentals of joint tenancy, its requirements and how it can be terminated. Also in this issue, CALU Tax Consultant Kevin Wark reports that the Department of Finance has released additional draft legislation arising from Budget 2017 and highlights several provisions that might be of interest to CALU members.

In the lead article CALU's Tax Consultant Kevin Wark discusses the scope of international and domestic developments that will result in enhanced tax compliance activity. This, in turn, will significantly increase the likelihood of audit activity for those taxpayers who are pursuing "overly" aggressive approaches to reduce their Canadian tax bill.