Globe Advisor

Asset and Portfolio Management Investing Strategies Stock Market News Authors and topics you follow will be added to your personal news feed in Following. globe climate change newsletter Take a deeper dive into Canada’s environment and climate change news from Globe reporters life and culture Follow Erin Anderssen, The Globe's happiness reporter, as she uncovers the secrets and science to living a happier, more fulfilling life.

Open this photo in gallery: Shawn Filion, senior wealth management advisor at Desjardins Securities Inc. Listen to this article Learn more about audio Log in or create a free account to listen to this article. In the Behind the Advice series, Globe Advisor asks advisors about their relationship with money from a young age, lessons learned over the years and how their experiences influence the advice they give clients. Season 4 of the Behind the Advice podcast is now available.

Authors and topics you follow will be added to your personal news feed in Following. life and culture As The Globe’s generations reporter, Ann writes about demographic trends and relationships between and among people across the life spans, from battling tweens about cell phones and sleepovers to sandwich generation caregiving to socializing in senior years.

Authors and topics you follow will be added to your personal news feed in Following. Good taste newsletter Plan your weekend with wine advice and reviews, recipes, restaurant news and more life and culture As The Globe’s generations reporter, Ann writes about demographic trends and relationships between and among people across the life spans, from battling tweens about cell phones and sleepovers to sandwich generation caregiving to socializing in senior years.

Open this photo in gallery: The Canada Revenue Agency announced an 18-month extension for dealers and independent advisors to start collecting and remitting GST/HST. The Canada Revenue Agency is giving wealth management firms and independent advisers until Jan. 1, 2028, to begin charging GST/HST on mutual fund trailing commissions. The new implementation date for the CRA’s revised policy on GST and trailing commissions is an 18-month extension from the original deadline of July 1.

Open this photo in gallery: The spring economic update, which Finance and National Revenue Minister Francois-Philippe Champagne delivered in the House of Commons on April 28, proposed changes to the rules for employee ownership trusts. Business owners could unlock significant tax savings if they sell their business to an employee ownership trust (EOT) now that Ottawa is making the regime’s key tax break permanent.

Open this photo in gallery: Almost 80 per cent of Canadians are expecting to receive a tax refund this year and about half are planning to save the money, up from 29 per cent last year, according to a recent survey. Receiving a tax refund can feel like a windfall, even though it’s only the government returning the extra money paid in taxes last year.

Open this photo in gallery: The best advisors are now expected to be the point person orchestrating the relationships across a client’s full financial life. A client pulls out a list of the professionals in their financial life. There’s an investment advisor, a private banker, two accountants, an estate lawyer, a corporate lawyer and an insurance specialist. Then comes the question they eventually ask, even if they don’t say it this plainly: Who is running everything?

Open this photo in gallery: Roughly 13 per cent of Canadians are self-employed, with a June 15 tax-filing deadline. The June 15 deadline for self-employed workers to file their income tax returns is approaching, and some clients may need a nudge to get their books in order on time. “People are either very organized and are on the ball, or they procrastinate and delay, delay, delay,” says Greg Loskutov, a chartered professional accountant (CPA) at Omega Squared Professional Corp. in Toronto.

Open this photo in gallery: Financial ghosting has become an increasingly familiar part of the job, exposing just how tangled money can become with shame, identity and emotional avoidance. Financial advisors are used to guiding clients through market crashes, divorces and retirement fears. What catches many off guard is complete silence.