income – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Mon, 26 Jun 2023 14:42:37 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png income – Advisor's Edge https://phoenix.advisor.ca 32 32 Household income suffered record drop in 2022: OECD https://phoenix.advisor.ca/news/economic/household-income-suffered-record-drop-in-2022-oecd/ Wed, 10 May 2023 17:22:10 +0000 https://www.advisor.ca/?p=225352 Inflation, end to pandemic assistance drove decline in real incomes

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]]> T1135 reporting: What your clients need to know https://phoenix.advisor.ca/tax/tax-strategies/t1135-reporting-what-your-clients-need-to-know/ Fri, 05 May 2023 17:15:30 +0000 https://www.advisor.ca/?p=225129 Failure to report foreign-source income can result in high penalties

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]]> Real incomes rise in Q3: OECD https://phoenix.advisor.ca/news/economic/real-incomes-rise-in-q3-oecd/ Wed, 08 Feb 2023 20:27:24 +0000 https://www.advisor.ca/?p=221642 First rise for real incomes since Q1 2021, but results vary across countries

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]]> Poor households turn to debt, charity amid inflation https://phoenix.advisor.ca/news/economic/poor-households-turn-to-debt-charity-amid-inflation/ Wed, 08 Feb 2023 20:06:29 +0000 https://www.advisor.ca/?p=221632 StatsCan research details the disparate impact of rising prices

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]]> Women make gains among the 1% https://phoenix.advisor.ca/news/economic/women-make-gains-among-the-1/ Wed, 16 Nov 2022 18:28:31 +0000 https://www.advisor.ca/?p=216633 StatsCan reports that high earners saw incomes decline in 2020, but women fared better than men

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]]> Households’ real income continues to erode: OECD https://phoenix.advisor.ca/news/economic/households-real-income-continues-to-erode-oecd/ Mon, 07 Nov 2022 18:17:32 +0000 https://www.advisor.ca/?p=216184 Declining income supports, high prices cut into real incomes

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]]> Inflation hitting real incomes, OECD reports https://phoenix.advisor.ca/news/economic/inflation-hitting-real-incomes-oecd-reports/ Thu, 04 Aug 2022 18:18:11 +0000 https://www.advisor.ca/?p=212399 Canada was a G7 outlier, as rising wages bolstered household incomes

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]]> Income inequality rises following recessions: BoC https://phoenix.advisor.ca/news/economic/income-inequality-rises-following-recessions-boc/ Thu, 28 Jul 2022 14:06:56 +0000 https://www.advisor.ca/?p=212180 During economic downturns, the incomes of low earners were particularly hard hit and didn’t recover, research finds

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]]> Household debt-to-income ratio down in Q1 https://phoenix.advisor.ca/news/economic/household-debt-to-income-ratio-down-in-q1/ Mon, 13 Jun 2022 19:36:19 +0000 https://www.advisor.ca/?p=210557 Incomes grew faster than debt in the first quarter

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]]> Income falls even as GDP rises: OECD https://phoenix.advisor.ca/news/economic/income-falls-even-as-gdp-rises-oecd/ Thu, 05 May 2022 20:10:35 +0000 https://www.advisor.ca/?p=209066 Canada is weakest among the G7 in the fourth quarter, as pandemic supports shrink

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