Overview of Canadian taxation in relation to investment income, tax deferral plans, tax-free savings plans, and basic tax planning strategies. Learn about different types of income, pension plans, and registered plans.
Learn about the importance of understanding the basics of taxation for investment advisors in Canada. This chapter covers the types of investment income and their different tax treatments, along with strategies for optimizing after-tax returns.
Understanding the process of calculating income tax in Canada, including steps on taxable income, allowable deductions, tax credits, and net tax payable.
Learn about the four types of income and how they are taxed under Canadian tax laws. Detailed insights on Employment Income, Business Income, Income from Property, and Capital Gains/Losses.
Learn about the taxation of income from property including registered plans, interest income, dividends from taxable Canadian corporations, and dividends from foreign corporations. Discover the intricacies of capital gains, and methods to minimize taxable investment income.
Explore the various tax-deductible expenses related to investment income, including allowable carrying charges and those you cannot deduct. This guide provides comprehensive details to help you make informed decisions regarding tax deductions.
Learn about calculating capital gains and losses, understanding the terminology, and the tax implications based on CRA definitions in our detailed guide on Capital Gains and Losses.
Comprehensive guide on determining capital gains or losses when disposing shares, principles of adjusted cost base, and considerations for warrants, rights, and stock dividends in Canadian taxation.
Learn about tax loss selling, a strategy used to minimize taxes by selling securities at a loss and offsetting capital gains. Find details on timing, calculations, and considerations for making this investment decision.
Comprehensive overview of Registered Pension Plans (RPPs) in Canada, detailing various components like Pension Adjustments, types of plans including Money Purchase Plans and Defined Benefit Plans, and critical tax implications.
Learn all about deferred annuities, their features, tax implications, and the benefits they provide to investors. Gain comprehensive insights into how these financial products fit into your broader investment strategy.
Learn about Tax-Free Savings Accounts (TFSAs), including basic rules, taxation, qualified investments, contributions, and withdrawals. Discover how they can fit into your financial planning.
A detailed guide on Registered Education Savings Plans (RESPs) explaining their features, types, tax implications, contribution limits, and additional benefits like the Canada Education Savings Grant (CESG).
An in-depth guide on Pooled Registered Pension Plans (PRPPs) covering eligibility, benefits, administration, and comparisons with other registered investments like RRSPs.
Effective tax planning is crucial for investors aiming to maximize their after-tax return. This section explores key strategies and considerations to minimize tax liability within legal parameters.
Learn about the intricacies of transferring income within family members and the tax implications it can entail under Canadian tax laws, including exceptions and attribution rules.
Understand how making loans within a family can be effective for tax purposes by following the specific rules and regulations set by the CRA. Learn about the prescribed rates, interest, and how to maximize the benefits.
Understand the concept of discharging debts in the context of tax strategies involving spouses and non-arm’s length individuals. Learn the rules, strategies, and examples that demonstrate how this can be utilized for tax savings.
Comprehensive guide on Canada and Quebec Pension Plan sharing, including eligibility, process, and benefits. Learn how to split pensions with your spouse.
Comprehensive summary and key takeaways on Canadian taxation, including world and Canadian-source income, tax deferral plans, income splitting, and tax planning strategies.
Chapter 25 provides a comprehensive overview of fee-based accounts in the Canadian Securities Course, exploring the different types of managed and unmanaged fee-based accounts, along with their advantages and disadvantages.
An overview of the evolving fee-based account model in the securities industry, highlighting changes from traditional advisor/client relationships to asset-based fee structures.
Learn about the benefits and drawbacks of fee-based accounts used in financial services, including financial planning and wealth management advantages as well as potential higher costs and extra fees.
Comprehensive guide to managed fee-based accounts, comparing their features, advantages, and disadvantages. Includes details on taxation, fee structures, and various service levels within managed fee-based accounts.
A comprehensive guide to understanding exchange-traded fund (ETF) wraps and mutual fund wraps within managed accounts, explaining their structures, benefits, and management approaches.
Comprehensive guide on advisor-managed accounts in the Canadian Securities Course. Understand the benefits, types, and tax implications of advisor-managed accounts.
A comprehensive guide to Separately Managed Accounts (SMAs) for Canadian investors. Understand the benefits, management structures, and roles of sub-advisors and overlay managers.
Explore Household Accounts in the Canadian Securities landscape, detailing their structure, benefits, and the strategic allocation for optimal tax management across a family’s holdings.
Explore comprehensive documentation for managed accounts, complying with IIROC rules, client agreements, and regular reviews. Learn best practices to ensure fair investment allocation and regulatory compliance.
Learn the structured approach to financial planning for retail clients, focusing on the financial planning process, the life cycle hypothesis, and ethics and standards of conduct within the securities industry.
Understand the critical role of financial planning and wealth management services in the investment landscape. Learn about the importance of ethics, codes of conduct, and the structured financial planning approach to effectively meet clients' goals.
A comprehensive guide on the steps in the financial planning process. Learn how to assess your clients' financial and personal situations, integrate expert recommendations, and create achievable, realistic financial plans.
Understanding the Life Cycle Hypothesis is crucial for grasping a client’s investment needs influenced by age-related factors such as risk tolerance, financial goals, and personal circumstances.
Comprehensive guide on the different stages in the life cycle of investors including early earning years, family commitment years, mature earning years, nearing retirement, and retired. Key insights on asset allocation, risk tolerance, and financial goals at each stage.
Comprehensive guide on the Life Cycle Hypothesis as per the Canadian Securities Course, summarizing various stages of financial life with investment goals, personal, and financial circumstances.
Explore the critical facets of ethical decision-making in the securities industry, its integral principles, and the step-by-step process for acting ethically when rules fall short.
Comprehensive guide to understanding the institutional marketplace, examining buy side and sell side firms, trading practices, responsibilities of market participants, and advancements in trading technology.
Explore the roles and responsibilities of retail and institutional investment dealers in the Canadian Securities market. Understand the different styles and guidelines they follow to serve their clients' needs, and stay updated with current trends.
Explore the distinctions between the sell side and buy side within the institutional marketplace. Learn about the roles, services, and interplay between investment dealers and various types of investors.
Comprehensive guide covering the Sell Side of Canadian investment dealers, including types such as full-service dealers, investment banking boutiques, and self-directed dealers.
Explore the institutional clients—corporate treasuries, insurance companies, pension funds, mutual funds, hedge funds, endowments, trusts, and investment management firms—that represent the buy side in the financial markets.
This section covers Direct Electronic Access (DEA), including its historical context, risks, regulatory measures, and the roles and responsibilities of institutional portfolio managers and traders.