Who is fishing for your identity? CRA warning

Phishing is when someone tries to obtain personal information about you when they aren't entitled to that information...

Sort of sounds like fishing... Stop before you hand over personal information and ask yourself if this is right...

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Alberta v. Elder Advocates of Alberta Society, 2011 SCC 24 (CanLII.org)

Recent court case on fidiciary care against the Province of Alberta / One has to wonder, are all the provinces inflating the cost of care?
In BC, there is a letter that says that the cost of attendant care is covered by the province for funded beds, which means in theory there's no allocation of claim for retirement home attendant care costs to be claimed as medical care if the care facility can't allocate that cost out to the patient pro-rata. 

If the province have the right to decide that they fund the cost of attendant care, will seniors in care homes be an audit target as they are stripped of their medical care claims? 

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DropBox is a great tool

Free product plug..

I've been using DropBox to create links to files that are too large to send in an email. 

With this link you can access up to 2GB of space for free.  That's a lot of space.

You can also use DropBox to sync between your computers, so no matter which machine you're on, you have the latest version of your data file.

Sign up for free and give it a try.  You'll find it also works on your iPhone and combined with Kobo eReader, also free on your iPhone, you can upload a PDF (eBook) to read in color on your iPhone or iPad all for free

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The legislation links are in the Annex #3

If you are serious about tax, you know that the budget announcements in the newspaper and media are only a small part of what the actual changes really are.  You'll find the entire budget is sometimes not legislated right away, and in fact it may take many months, years and sometimes not at all as the budget is just a plan.  Plans have a funny way of not always being brought to fruition.

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CRA info page on June 6 2011 budget

Once legislation is passed, this information will be incorporated into the CRA website, but until then, it's only draft.

The draft legislation is found on the Finance Website, and you can link through the news release about the June 6 budget as the legislation is already presented with the budget information news release in the Annex (see part 3 of the second link in this blog!

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Tax Measures: the Plan

Hmmm... take a look at the Overview at Table A3.1

The question: Why on earth do they think there's this much of a scam on RRSP's that they have to stop up? 

It's almost enough to cover the cost of the family caregiver credit

There must be a story here.




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Deloittes Commentary on the new federal budget today

More tax credits...caregiver credit, credit for kids who take arts programs, and more...

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Consumer Alert / Travel cancellation insurance

Did you know...Travel cancellation insurance companies are capitalizing on the airlines policy to credit your account if you don't make a flight.  You'd think that if you cancel because of illness, that you'd be reimbursed for the cost of the flight.  Not so.  Not if you read the fine print and understand what mitigation of damages means.  It means you have to pay a fee to activate a credit to take another flight within the year.  And then they'll pay you back for the $50 fee to activate the credit. 

What you will likely get reimbursed for is only the cost of the 'change fee' that the airline charges for you to pick up the credit later.

The fine print in the contract is that they will cover you if your flight is non refundable.  The airlines are saying that they credit your account, which means they aren't non refundable.  Even if you choose not to trigger that credit, you won't be reimbursed by the travel cancellation policy.

If you qualify, and should you choose to activate the credit by paying the 'change fee' within one year, they will cover the cost of the change fee.  But only if you pay the change fee.

So before you buy flight cancellation insurance, find out if you don't make your flight, does the airline credit your account for that flight, leaving you the option of paying extra to activate that credit?  If so, all you are insuring is the change fee should you decide to pay for it.

What a scam! And of course, the wording is all in the fine print on the contract...should you read it, and understand what it means, and understand how the airline will treat your cancellation,

What will you get?  If you can prove you were ill or someone died, if you pay a premium of $37 for a $600 flight, you'll get back the $50 you pay should you not be able to make the flight.  Because you had the option to use those credits in the future, even if time limited to one year, and choose not fly with that company again, you should have taken that trip, even if you didn't want to, because if you don't, and you don't pay to mitigate your loss, all you'll get back is the extra $50 you pay to activate your credit. 

Ever wonder if there's collusion between the airlines and the flight cancellation insurance companies?  After all, they do affiliate. What exactly do the airlines get paid by the insurance companies for the priviledge of being the listed agent on their website?

Is anyone at Industry Canada listening?

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Relief for victims of natural disasters

Please let anyone you know who was affected so they can avail themselves of these provisions

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