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Financial Tips
Financial tips
Learn why new tax rules may limit deductions for CCPCs with more than $50,000 of passive income and strategies to minimize the impact.
Note: This report was initially published in February 2021.
Written By
Jamie Golombek, CPA, CA, CFP, CLU, TEP
Jamie Golombek is the Managing Director of Tax and Estate Planning with CIBC in Toronto. Jamie is quoted frequently in the Canadian media as an expert on taxation, writes a weekly column called “Tax Expert,” in the National Post, has appeared as a guest on BNN, CTV News, and CBC’s The National and has been a regular personal finance guest on The Marilyn Denis Show.