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Podcast
Kim addresses some of the most pressing issues related to tax and finance and offers his professional and personal insights into what matters most for Canadians.
IN THE MOOD WITH KIM G C MOODY
ABOUT THE SHOW
Welcome to my podcast. I’m a Canadian tax expert who has 30 years of experience at a specialist level dealing with Canada - US tax matters for the private client. I love the study of leadership. I’m passionate about entrepreneurship and how tax and economic policy impacts Canadian entrepreneurs and executives. This podcast will discuss topics relating to taxation, taxation policy, leadership, economics and the odd political comment as it relates to the previous topics.
Listen on:
EPISODE #27 - MARCH 12, 2025
Won't Get Fooled Again
RECENT EPISODES
EPISODE #27 - MARCH 12, 2025
Won't Get Fooled Again
EPISODE #26 - FEBRUARY 21, 2025
Kim G C Moody and Kerry Harnish on the Canadian Tax System
EPISODE #25 - JANUARY 29, 2025
Canada Desperately Needs Its Citizens to be Financially Literate
In this episode, Kim spends some time describing some recent experiences of how poor the average Canadian’s knowledge is about finances. He goes further to explain why it’s important for Canadians to take this seriously (his mission for 2025 is to continue planting acorns in this area) and how that relates to the current political environment in Canada, especially with external forces like a new U.S. regime threatening to negatively impact Canada’s economy...
EPISODE #24 - JANUARY 3, 2025
Capital Gains Proposals - CRA Says It Will Administer Such Proposals Even If An Election Is Called
The Canadian capital gains proposals first introduced in the April 16, 2024 federal budget are on life support because of the political chaos that Canada is currently experiencing. While the Canada Revenue Agency has a long-standing administrative position to administer proposed law, would it be appropriate for the CRA to continue doing so if an election is called knowing that there is a high probability that the proposals...
EPISODE #23 - DECEMBER 13, 2024
Kim G C Moody & Paul Tompkins of Tompkins Insurance
In this episode of In The Mood With Kim G C Moody Podcast”, Kim interviews industry leading legend Paul Tompkins of Tompkins Insurance. Paul is a Vancouver raised, Calgary born, Toronto based leader in the use of life insurance as a proper and effective tool for high / ultra high net worth families in their overall planning. Kim dives into Paul’s legal background, the establishment of his firm, how it’s different than its competitors...
EPISODE #22 - DECEMBER 3, 2024
Costly Gifts and Sugar Rush Policies: Unwrapping Canada’s GST Holiday
In this episode of “In The Mood With Kim G C Moody Podcast”, Kim discusses the so-called recent Christmas present handed out by the Canadian federal government: the GST / HST holiday on certain “affordability” items and the $250 cash handout scheduled to be distributed to certain Canadians in the spring of 2025. Is it really a gift? Or will it come with significant costs? Short answer….it’s a costly gift that will have no lingering benefits...
EPISODE #21 - NOVEMBER 19, 2024
Jack Mintz and Kim G C Moody on Tax Reform
Host Kim G C Moody and guest Jack Mintz discuss the need for comprehensive tax reform in Canada. Mintz outlines the history of tax reform efforts in Canada, including the Carter report and the Mintz committee's recommendations in the 1990s. He argues that since then, Canada has implemented piecemeal changes that have increased tax system complexity and distortions, rather than undertaking meaningful reform...
EPISODE #20 - NOVEMBER 2, 2024
Will the Canadian Capital Gains Proposals Get Passed?
In this podcast, Kim G C Moody discusses the possibility of the Canadian capital gains inclusion rate increase proposals not becoming law because of an election being called before the proposals receive Royal Assent. Might that happen? Well, the chances of that are small but what should affected taxpayers do in the meantime? What will happen if the proposals never become law? Kim discusses this and more...
EPISODE #19 - SEPTEMBER 13, 2024
Tax Complexity - What Should Canada Do?
Tax is complex. That’s a given. The voluminous and horrifically complex recent August 12, 2024 draft tax legislation released by the Canadian Department of Finance is continuing evidence of that. As a recent tax commentator said “complicated rules to mitigate the impact of complicated rules doesn’t do our tax system any favors”. That’s absolutely true. Notwithstanding, there is no doubt that...
EPISODE #18 - AUGUST 19, 2024
Why Are Successful Canadians Leaving Canada?
Kim explores the reasons why there has been a large increase in the numbers of successful Canadians leaving Canada for greener pastures. Yes, poor tax and economic policies contribute to such reasons but ultimately other reasons have more impact. Kim explores the recent history and, in particular, the messaging surrounding the attacks on... Join us and tune in!
EPISODE #17 - JULY 19, 2024
Why Are Successful Canadians Leaving Canada?
Kim explores the reasons why there has been a large increase in the numbers of successful CDNs leaving Canada for greener pastures. Yes, poor tax and economic policies contribute to such reasons but ultimately other reasons have more impact. Kim explores the recent history and, in particular, the messaging surrounding the attacks on...
EPISODE #16 - JULY 04, 2024
Will Canada Introduce New Taxes Like a Home Equity Tax?
Let's discuss whether or not Canada will introduce new forms of taxation like a wealth tax and / or a home equity tax. In light of the capital gains inclusion rate increase that came out of the 2024 CDN federal budget, it is obvious that the CDN government is in search of new taxation revenues to fund its reckless spending...
EPISODE #15 - JUNE 04, 2024
Where Are We at With the Capital Gains Inclusion Rate Increase Proposal?
We are exactly 3 weeks away from the proposed implementation of the Canadian capital gains inclusion rate increase. What are the lessons learned so far? What should affected Canadians do or are we still “planning in the dark” without draft legislation being released to provide necessary details...
EPISODE #14 - MAY 06, 2024
Tax the Rich? Do Successful Canadians Already Pay Their ”Fair Share” ?
Kim G C Moody discusses the rhetoric of “tax the rich” and having them “pay their fair share”. This old and tired line was resurrected recently in the 2024 Canadian federal budget with the proposal to increase the capital gains inclusion rate. Do successful Canadians already pay their “fair share” of tax?...
EPISODE #13 - APRIL 22, 2024
2024 CDN Federal Budget Review Including Capital Gains Inclusion Rate Increases
We discuss the tax and economic highlights of the April 16, 2024 Canadian Federal Budget. The short story is it’s ugly… both on the economic side and tax policy measures. Kim’s taxation comments focus on the new capital gains inclusion rate increases and why the messaging & politics surrounding the...
EPISODE #12 - APRIL 08, 2024
2024 CDN Federal Budget Tax Predictions
The 2024 CDN Federal Budget is about a week away. In this short podcast, Kim G C Moody makes his predictions about what tax measures might show up in the Budget. Will we see personal tax rates or Capital gains inclusion rate increase? Alternative minimum tax amendments? New personal tax credits? Tune in to see what Kim predicts...
EPISODE #11 - MARCH 30, 2024
The Canadian Trust Reporting Tax Debacle
Let's discuss the “new” Canadian trust reporting rules that have turned into a debacle given the requirement to report “bare trusts” (which are normally ignored for all purposes of the Income Tax Act) that were required to report until a last minute announcement on March 28, 2024 by the CRA that bare trusts no longer needed to file...
EPISODE #10 - MARCH 05, 2024
Artificial Intelligence and Taxation
Kim G C Moody discusses how artificial intelligence will disrupt and change the practice of taxation. He admits that he is no expert in AI, but is a curious student and is eagerly trying to keep up with the exhilarating pace of change. He answers the obvious and often asked question of whether or not AI will put tax (and other) professionals out of work...
EPISODE #9 - FEBRUARY 27, 2024
Canada's Residential Property "Flipping Tax"
Kim G C Moody discusses the silly Canadian “flipping tax” that was introduced into Canada’s Income Tax Act effective 2023 forward. Kim explains the history of capital gains taxation, the principal residence exemption and the basics of why this new rule is completely unnecessary and duplicative...
EPISODE #8 - FEBRUARY 16, 2024
VW and Stellantis Subsidy Grants - Tax Free?
In this episode, Kim G C Moody discusses the massive C$30 billion subsidies granted to Volkswagen and Stellantis by the Canadian government (that were announced in 2023) and the tax issues surrounding it. Turn out that VW and Stellantis will receive such subsidies without Canadian corporate tax! What??!!...
EPISODE #7 - FEBRUARY 10, 2024
The Taxation of NPOs - Time For a Review
Kim discusses the broad tax exemption that is available for non-profit organizations (“NPOs”) in Canada and whether or not such broad based exemption should be better targeted and whether NPOs activities should be more transparent...
EPISODE #6 - JANUARY 30, 2024
The Canadian Journalism Tax Credits
Tune into this episode as Kim Moody discusses the CDN government supports provided to media. Kim educates listeners on the types of supports provided and the reason why these supports should be abandoned / repealed...
EPISODE #5 - JANUARY 23, 2024
Becoming a Non-Resident of Canada
Recent Canadian history and tax events have caused a significant spike in the interest in successful Canadians leaving Canada to go elsewhere. We discuss the basic tax implications of becoming a non-resident of Canada for tax purposes...
EPISODE #4 - JANUARY 14, 2024
Short Term Rental CDN Tax Proposal
Kim G C Moody discusses the silly Canadian taxation proposal that will prohibit expense deductions against the short-term rental income for owner / operators of such properties that are operated in an area that prohibits such rentals. He compares this proposal with a tax compliant drug dealer who will be better off than the “evil” short-term rental owner...
EPISODE #3 - JANUARY 3, 2024
Canada’s High Personal Tax Rates
Join us to discuss how Canada’s high personal tax rates and the impacts to Canada’s ability to compete for capital and talent. Kim Moody argues that, despite Canada’s comparatively small size, Canada needs to compete with its neighbour to the south, the United States. He also discusses some other implications of high personal tax rates such as...
EPISODE #2 - JULY 26, 2023
The 6th Anniversary of the Revamped TOSI Rules. Have They Been Effective?
Kim reminisces on the 6th anniversary of the July 18, 2017 private corporation tax proposals. Specifically, he discusses: a short review of the tax proposals and the fury that resulted after that time, whether or not the amendments to the tax on split income rules (“TOSI”) to curb income splitting amongst family members were necessary,...
EPISODE #1 - JUNE 23, 2023
The Need For Tax Reform in Canada
In this week's episode, Kim G C Moody discusses how Canada is long overdue to engage in comprehensive tax reform and review. Our country needs fresh eyes on how we tax, what we should tax, and how we improve our tax system for all Canadians. Tune into this week's podcast as Kim explores and educates listeners on this crucial Canadian topic...
Be Better Informed About Canadian Tax
In March 2020, I published my first book, "Making Life Less Taxing," - an Amazon bestseller in several categories, including:
#1: Taxes, Industries and Professions, Accounting, Corporate and Corporate Tax Accounting.
#2: Accounting and Finance.
#3: Professional and Technical.
Purchase your paperback copy or Kindle edition today!
