Archive for the ‘Investments’ Category


Tuesday, January 26th, 2016

Pursuant to the provisions of the Income Tax Act, the Canada Revenue Agency (“CRA”) has a three-year time frame within to reassess a taxation year, commencing with the date of the original Notice of Assessment. Beyond the three-year limit, returns are referred to as statute-barred. Nevertheless, the CRA can always reassess ...

2015 Was a Year for Canadian Investors to Forget

Monday, January 18th, 2016

This is my 6th annual year end investment review for Trusts.   As I have indicated in the past, Trustees are accountable for a prudent investment policy. This includes a review of the performance of the investments in the Trust. For Trusts that hold a portfolio of marketable securities, a fundamental element ...