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Is Raising Income Tax the Way Out of Our Massive Deficit?

A great BNN Bloomberg interview with CIBC’s Jamie Golombek.   In the 5 minute interview Jamie covers capital gains exemption rate, possible HST increases, taxing your principal residence and planning now to reduce your 2021 taxes.   https://www.bnnbloomberg.ca/video/raising-income-taxes-is-not-the-way-out-of-the-mounting-deficit-cibc-s-jamie-golombek~2159700#.YE9ycB8UIHs.linkedin  

Taking CPP Early, Late or at Age 65?

Taking CPP Early, Late or at Age 65?

When to take CPP is one of the biggest questions we as Certified Financial Planner professionals are asked.   This extremely important decision should include considerations such as life expectancy, overall health, taxes and the need for income.  For every month you take CPP before age 65, your payment is reduced by 0.6%, or 7.2% per…