Subscribe to the TPC Financial Edge, for health and wealth news that matters. At TPC Financial, we’re your partners in financial health and endeavour to provide the most comprehensive financial services for our clients. As rules and regulations change that may impact our clients, we strive to provide all necessary information to our clients in a fast and easy to understand way. We also make clients aware of other information that we feel would be beneficial for them personally, or for their corporation.
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Below are the monthly newsletters that we have sent to all clients.
The 2021 Federal Budget announced an annual tax on residential real estate owned by non-residents that is considered underused. As a result, the Underused Housing Tax (UHT) was announced in June of 2022, which sees new reporting requirements for properties owned on or after December 31, 2022. For owners who are required to pay the…
As some of you may have heard, in 2023 the government is set to launch the new tax-free First Home Savings Account (FHSA). Below is a summary of the information that has been released so far: Summary: The FHSA is an account that allows qualifying individuals to earmark funds specifically for the purchase of their…
Many may have already noticed, but we at TPC Financial Group are very pleased to reveal our new branding, and with it, a new tagline: “Your partners in financial health.” Visit our website to see the changes! From the very beginning, our goal at TPC Financial has been to create long lasting relationships with our clients…
On April 13th, the Bank of Canada announced it was raising the overnight rate by 0.50% to 1.00% to address the increasing costs of goods within Canada. This increase is reflected in the prime rate offered by banks, with the current bank prime rate listed at 3.20%. This is the second increase in 2022 after…
The 2022 Federal Budget was tabled on Thursday, April 7th by deputy prime minister and minister of finance Chrystia Freeland. It’s based on the pillars of making life more affordable while helping grow our economy. This budget sees a follow through on several items that were conceived by the Liberal Government during their 2021 federal…
