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    2025 Federal Budget Highlights

    November 5, 2025
    The 2025 Federal Budget focuses on stability and long-term growth, with no new broad tax increases. Key updates include GST relief for first-time home buyers, new credits for caregivers, and expanded incentives for clean-tech and manufacturing investment. The budget also clarifies how the 21-year rule applies to trusts and delays the new bare-trust reporting requirements to 2026. Overall, the plan aims to balance fiscal discipline with practical support for Canadians and small businesses.
    https://creststonewealth.com/wp-content/uploads/2025/11/Federal-Budget-2025.png 700 1200 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2025-11-05 20:20:592025-11-07 20:43:082025 Federal Budget Highlights

    Supporting Your Aging Parents Without Sacrificing Your Own Stability

    November 3, 2025
    As your parents age, stepping in to help can feel overwhelming. This guide walks you through how to talk about money, gather important documents, secure legal authority, and create a flexible support plan. Learn how to manage caregiving without compromising your own financial well-being.
    https://creststonewealth.com/wp-content/uploads/2025/11/supportingAgingParentsFI.png 700 1200 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2025-11-03 14:50:282025-11-03 14:50:42Supporting Your Aging Parents Without Sacrificing Your Own Stability

    Leaving Your Employer – Should You Take Your Pension?

    October 1, 2025
    Leaving your employer? One of the biggest financial choices you’ll face is whether to take your pension or leave it. Learn about your options, key considerations, tax rules, and what unlocking your pension really means so you can make a confident decision about your future.
    https://creststonewealth.com/wp-content/uploads/2025/10/Leaving-Your-Employer-–-Should-You-Take-Your-Pension.png 700 1200 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2025-10-01 13:56:382025-10-01 13:56:58Leaving Your Employer – Should You Take Your Pension?

    OAS Clawback 2025: What Retirees Need to Know About the Recovery Tax

    July 4, 2025
    The OAS recovery tax in 2025 is based on Line 23400 income and can quietly claw back your benefit. Learn how the clawback works, how much you could receive, and what strategies can help reduce or avoid it—like pension splitting, using a TFSA, managing RRIF withdrawals, and tax-efficient investing.
    https://creststonewealth.com/wp-content/uploads/2025/07/OAS-ClawbackFI.png 700 1200 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2025-07-04 04:29:062025-07-04 04:29:26OAS Clawback 2025: What Retirees Need to Know About the Recovery Tax

    Stay Ahead in 2024: A Comprehensive Checklist for Federal Tax Updates

    April 22, 2024
    Explore the upcoming 2024 Canadian tax changes affecting investors, business owners, and high-net-worth individuals. From capital gains adjustments to new incentives, stay informed with our comprehensive checklist.
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    2024 Federal Budget Highlights

    April 18, 2024
    On April 16, 2024, Canada's Deputy Prime Minister and Finance Minister, Chrystia Freeland, presented the federal budget. While there are no changes to federal personal or corporate tax rates, the budget introduces: • An increase in the portion of capital gains subject to tax, rising from 50% to 66.67%, starting June 25, 2024. However, individual gains up to $250,000 annually will retain the 50% rate. • The lifetime exemption limit for capital gains has been raised to $1.25 million. Additionally, a new one-third inclusion rate is set for up to $2 million in capital gains for entrepreneurs. • The budget confirms the alternative minimum tax changes planned for January 1, 2024 but lessens their impact on charitable contributions. • This year's budget emphasizes making housing more affordable. It provides incentives for building rental properties specifically designed for long-term tenants. • Introduces new support measures to aid people buying their first homes. • Costs for specific patents and tech equipment and software can now be written off immediately. • Canada carbon rebate for small business
    https://creststonewealth.com/wp-content/uploads/2024/04/Federal-Budget-2024-Highlights.jpg 300 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2024-04-18 01:32:172024-04-18 01:32:232024 Federal Budget Highlights

    TFSA vs RRSP – 2024

    February 1, 2024
    When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or a vacation, as its growth is entirely tax-free, while RRSPs are more suitable for long-term goals such as retirement. When comparing deposit differences, TFSAs have a limit of $7,000 for the current year, while RRSPs have a limit of 18% of your pre-tax income from the previous year, with a maximum limit of $31,560. In terms of withdrawals, TFSAs have no conversion requirements and withdrawals are tax-free, while RRSPs must be converted to a Registered Retirement Income Fund (RRIF) at age 71 and withdrawals are taxed as income.
    https://creststonewealth.com/wp-content/uploads/2024/02/TFSA-vs-RRSP-2024.png 300 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2024-02-01 22:34:242024-02-01 22:34:26TFSA vs RRSP – 2024

    British Columbia 2023 Budget Highlights

    March 1, 2023
    On February 28, 2023, the B.C. Minister of Finance announced the 2023 budget. We have highlighted the most important financial measures you need to know: • Tax credit changes. • Increases to the B.C Family Benefit. • Carbon tax changes. • Other important tax changes. • Healthcare and housing spending.
    https://creststonewealth.com/wp-content/uploads/2023/03/British-Columbia-2023-Budget-Highlights.png 250 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2023-03-01 22:48:462023-03-01 22:48:52British Columbia 2023 Budget Highlights

    2023 Financial Calendar

    January 2, 2023
    Welcome to our 2023 financial calendar! This calendar is designed to help you keep track of important financial dates and deadlines, such as tax filing and government benefit distribution. You can bookmark this page for easy reference or add these dates to your personal calendar to ensure you don't miss any important financial obligations.
    https://creststonewealth.com/wp-content/uploads/2023/01/2023-Financial-calendar.png 333 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2023-01-02 20:40:192023-01-02 20:40:232023 Financial Calendar

    Essential tips and tricks for paying less tax and keeping more of your retirement income

    October 5, 2022
    It’s important to make the most of your retirement income. To do so, you need to be aware of what income is and isn’t taxable, and also how to make the most of the tax breaks you’re entitled to. This article outlines the four main steps you need to take to ensure you keep as much of your retirement income as possible: 1. Make a financial plan. 2. Split your pension income. 3. Buy an annuity. 4. Be aware of retirement-related tax breaks.
    https://creststonewealth.com/wp-content/uploads/2022/10/Retirement-income.png 281 500 CRESTSTONE Wealth https://creststonewealth.com/wp-content/uploads/2021/05/creststone-logo-550.png CRESTSTONE Wealth2022-10-05 06:00:002022-10-05 15:53:13Essential tips and tricks for paying less tax and keeping more of your retirement income
    Page 1 of 212

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    2026 Financial Calendar

    December 31, 2025
    Managing your finances effectively begins with staying informed about important dates and deadlines throughout the year. This comprehensive guide outlines key financial milestones, including tax deadlines, benefit payment schedules, and contribution opportunities, to help you stay organized and on track. Whether you're planning for tax season, reviewing your investments, or ensuring timely payments, this calendar provides everything you need to navigate the year with confidence. Take a moment to familiarize yourself with these essential details and set yourself up for a smooth and successful 2026.
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    2025 Year-End Tax Tips and Strategies for Business Owners

    December 2, 2025
    As 2025 wraps up, it’s time for business owners to focus on smart year-end tax strategies. Learn how to manage cash flow, balance salary and dividends, and take advantage of deductions and credits before December 31.
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    2025 Personal Year End Tax Tips

    December 1, 2025
    The end of 2025 is the perfect time to get organized and take advantage of key tax-saving opportunities. From RRSPs and TFSAs to family credits and student benefits, these practical year-end tips can help you save money and prepare for tax season with confidence.
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    ABOUT

    Creststone Wealth is a financial planning, investing + insurance firm located in British Columbia, serving clients across Canada.

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    OUR DEALER

    Insurance products, including segregated fund policies and health insurance are offered through Creststone Wealth, and Investment Representatives Stephen Cameron, Gail Winzoski, Rochelle Noren, Terry Sorensen and Bharpur Singh Gill offer mutual funds and referral arrangements through Quadrus Investment Services Ltd.

    Quadrus Investment Services Ltd. and design are trademarks of Quadrus Investment Services Ltd. Used with permission.

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