Tomorrow is Remembrance Day in Canada (and it is Veteran’s Day in the USA), and we should all remember the sacrifice others have made for our freedoms. The day may fall on Saturday this year, but take some time to think about those who have paid the ultimate price.
The government has been making getting a Disability Tax Ceritificate much harder. Currently they are arguing that folks with diabetes are not actually disabled, because they have a workaround with insulin. I don’t’ agree with this statement, but I doubt that will change the CRAs minds.
Many folks with children that are on the autism spectrum are having issues getting their DTCs, as well. I have said all along this is not an easy process, and the CRA has been scrutinizing applications even more. They have been taking a very close look at applications “helped out” by certain firms, that offer their services to apply for the DTC. There are many stories of specific Doctors having all their DTC applications rejected due to their voluminous work in that area.
Why is the government doing this? More income seems to be the reason.
We now see that with the leaking of the Paradise Papers, a huge litany of Canadians who have used off shore tax havens to hide their riches. Will the CRA scrutinize these nefarious tax evaders? I hope they show as much vigor in following up with these folks as they have with the disabled “tax cheats” out there.
My Recent Writings
A busier week for me, where I had two different articles.ODSP and RDSP Services that Clash, came out of a presentation I attended about RDSPs. I ended up asking my PMP about how it works, and the response is fairly clear. Given how the ODSP works, I suspect I may be writing more about this topic.
Investment Risk Profiles are a real pain in my rear. I continue to wrestle with these questionnaires, and they really do just seem to be something the lawyers concocted.
Micro Blogging on Finance
Do you complain on-line using social media? I rant a lot, and end up with folks from companies confronting me, but I haven’t used social media much, yet.
People prefer social media for customer service inquiries over other channels. Time for big companies to catch up. https://t.co/8vqR1tQDPD
— Ellen Roseman (@ellenroseman) November 8, 2017