Monthly Archives: January 2016

Important Upcoming Changes to the Life Insurance Policies Legislature

Recently approved Bill C-43 introduced a few important changes to the taxation of disposition of life insurance policies. Generally speaking, starting January 1, 2017 the Adjusted Cost Basis (ACB) of the insurance policies will be higher. It creates three major consequences:

The taxable income on dispositions (surrender and policy loans) of […]

TFSA Contribution Limit for 2016

Under proposed legislation, starting January 1, 2016, the annual TFSA dollar limit for 2016 will decrease from $10,000 to $5,500.00. The TFSA annual room limit will be indexed to inflation and rounded to the nearest $500.

Combined TFSA contribution room from 2009 reaches $46,500

Market Outlook for 2016

In thinking about what capital markets may have in store for investors in 2016, we note a number of critical tipping points within the current marketplace, each likely to shift sentiment, change outlooks and reveal opportunities for investors in 2016. Here’s where we stand today:
Oil
The plunge in prices that followed […]