Posts by Kim

1. Taxation – is the CDN tax system at a tipping point? Yes…and the solution is tax reform / review;
2. Leadership – leaders need to speak up; and
3. Economics – our provinces lack of regard for proper budgetary planning is very concerning.

1. Taxation – the “bare trust” debacle provides valuable lessons including the need for tax reform / review;
2. Leadership – being a good leader requires constant practice and learning; and
3. Economics – Canada is in an “emergency break glass” situation regarding our productivity.

1. Taxation – it’s time to re-introduce income averaging back into Canada’s personal tax system;
2. Leadership – good leaders are firm and decisive and resistant to “trendy” movements; and
3. Economics – Canada’s federal government spending is up…way up.

1. Taxation – the need for automatic tax filing – Part Deux;
2. Leadership – good leaders don’t need to throw stones at every barking dog; and
3. Economics – Canada’s Parliamentary Budget Officer released its March 2024 Fiscal Outlook…it’s not good.

1. Taxation – the new trust reporting rules are daunting and need amendments;
2. Leadership – good leaders learn to say “no”; and
3. Economics – the Canadian federal 2024 federal budget will be released on 4/16/24 and will be devoid of policy but lots of spending.

1. Taxation – the 2024 Report on Federal Tax Expenditures released!
2. Leadership – words of wisdom from the Right Honorable Brian Mulroney; and
3. Economics – the CMHC first time home buyer incentive program is scrapped….shocker.

1. Taxation – using the tax system to try to solve Canada’s housing challenges is great politics but not great policy;
2. Leadership – Morgan Housel’s new book – Same as Always – is a great read about focusing on things that don’t change; and
3. Economics – how much in tax revenues will the CDN government collect from its crazy short-term rental proposal?

1. Taxation – the massive subsidies handed out the Canadian government to VW and Stellantis are tax-free?
2. Leadership – leaders, do you have a succession plan? Are you growing new leaders?
3. Economics – financial literacy education should be mandatory for Canadian grade school children throughout their education.

  One Comment About Taxation – There’s a Shortage of Accountants…and That’s Not Good For Canada’s Tax System.   There’s a shortage of accountants.  If you’re an accountant like me, that’s not news. I’ve been recruiting and hiring accountants for almost 30 years and there’s been many ups and downs throughout that time.  However, we’re…

1. Taxation – The tax exempt status of non-profit organizations is overdue for a review;
2. Leadership – Critical thinking is hard and often takes courage. For leaders, it’s critical; and
3. Economics – Inflation / rising food prices requires solid thinking for good policy choices to tackle that problem.