Effective: January 1, 2023
The federal government recently introduced draft legislation on the new Tax-Free First Home Savings Account (FHSA). With a planned start of 2023, the FHSA will soon be offered by Canadian banks, credit unions, life insurance companies and trust companies, including CWB Trust Services.
At CWB Trust Services, we strive to be a valuable client resource and informing clients of key industry developments is a priority. There is a long list of legislation proposed and enacted in recent months and we would like to highlight a few here that may affect your registered accounts at CWBTS.
The federal budget was released by the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, earlier this month. Below is an overview of some of the measures introduced that may be of interest and relevance to our valued CWB Trust Services clients.
Exploring the transformation of the 'Gig Economy' and the evolution of retirement planning.
By: Sabeen Purewall