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May 2014

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by Mark Goodfield C.A.

In August 2011, Mark posted a blog titled “The Income Tax implications of Purchasing a Rental Property”. There are 300 comments and answers on that post...

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Canada Mortgage and Housing Corporation (CMHC) is a Crown Corporation which administers the National Housing Act and provides mortgage insurance for high ratio mortgages.  Mortgage loan insurance is typically required...

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February 2014

This special issue is designed to highlight the budget changes that will have the greatest impact on our clients.  It is not meant to be an exhaustive list of the...

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I’ll admit it, when I picked up a copy of Preet Banerjee’s new book, Stop Over-Thinking Your Money, The Five Simple Rules of Financial Success, I immediately flipped to chapter...

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January 2014

Guest post by Jason Allan, Barrister and Solicitor

Yes. The executor has the right to charge a fee or “compensation” for managing an estate. The Trustee Act states: “A trustee,...

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October 2013

Guest blog from Mark Goodfield , CPA CA LPA Cunningham LLP



Believe it or not you can be charged a 20% penalty for missing information that...

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September 2013


                Being appointed executor of a loved one’s Will is an expression of the ultimate trust that person places in you.  Although you may emotionally feel the need to...

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Whether incorporated or a home based sole proprietor, business owners can deduct many operating expenses from their income.  Here is a list of the most common expenses and a...

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July 2013

  Getting Married


How can getting married be an estate planning mistake?  Well, in most Canadian Provinces, marriage automatically revokes a will made prior to the marriage unless the...

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June 2013

Those who have agreed to act as a Power of Attorney for property may be subject to additional reporting requirements in the future.  If the proposed amendments to the Substitute...

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