Webinar – Separation’s Impact on Businesses and Employee

Divorce and Separation Impact on Business and Employees

connecting with key people such as business owners & HR managers to bring greater awareness on the impact separation & divorce has on their organizations […]

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Canadian Exchanges Impose $30K Annual Limit On Altcoin Purchases

Canadian Exchanges Impose 30K Annual Limit on Altcoins

cryptocurrency exchanges Bitbuy and Toronto based Newton have imposed new rules on their respective platforms […]

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First Canadian to Create Fully Digital Legal Will

first Canadian to create a fully digital legal will

Prior to Dec. 2021, wills needed to be signed by the will-maker and witnesses in person, however […]

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Old Age Security Benefit Going Up

Old Age Security Benefit Going Up

In her first speech since the federal budget, Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland announced […]

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Amending the Income Tax Act to Treat Parents and Children of Separated Families Fairly

Canadian PM Crest

March 7, 2022

Dear Minister Freeland,

Re: Amending the Income Tax Act to treat children of separated parents fairly

The Academy of Financial Divorce Specialists reiterates 2 areas of tax legislation that are very unfair to parents and children of separated or divorced families.

These points were originally brought up by a Chartered Financial Divorce Specialist in 2017 and multiple times in 2019. The Canadian Bar Association also brought it up in 2020.
[…]

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