The CEIRP Retirement Committee continues to closely monitor the impact that the WGA and SAG-AFTRA strikes are having on Plan members in the Film and TV sector of the entertainment industry. The Committee is very concerned about the ongoing labour unrest and its unprecedented impact on our Canadian crews. We are considering all avenues [...]
As the industry strikes continue, we wanted to bring to your attention the following resources that may help you through this difficult time. The AFC AFC $2000 Emergency Aid Designated Sharing Time Credit Counselling Credit Canada Service Canada Employment Insurance Job Bank Other job search services Benefits Finder
Get on track, stay on track Saving for retirement can feel overwhelming, especially when you’ve got other important things to save for and expenses to cover. Whether you’ve been saving for a while or are just getting started, this webinar will help you get on track for a retirement you can look forward to. [...]
Mackenzie Monthly Market Insights 2023 Capital Markets Mid-year in Review
Options to consider for Members faced with financial challenges Downturns in employment are not unusual in the motion picture industry and no one knows how long this one is expected to last. The Committee is exploring all possible alternative options to assist members during this difficult time. If you are struggling with financial challenges, [...]
Mackenzie Monthly Market Insights for July 2023
Our plan provider Canada Life takes rigorous steps to ensure that they protect and manage our personal information according to the regulatory standards within the financial industry. Here’s what you should know: Canada Life collects and uses data from plan sponsors and members to administer their retirement program Only data which is legislatively required, [...]
Our plan provider Canada Life has gathered all the key points about the new First Home Savings Account (FHSA) in a short article. Here is a summary of everything you need to know: This new savings account will be launched in 2023 It combines some of the features of an RRSP and a TFSA [...]
The 2023 federal budget proposes changes in the deduction for tradespersons tools. Here are the facts: The proposed change included doubling the maximum employment deduction for tradesperson's tools from $500 to $1,000. The new maximum deduction would be in effect for the 2023 tax year. Under the current rules, a tradesperson can claim a [...]
The latest federal budget includes changes to the Income Tax Act (ITA) that change the amounts that students can withdraw from their RESP accounts. Here are the facts of the proposed changes: The current rules allow for a student in full-time post-secondary education to withdraw a maximum of $5,000 in education assistance payments (EAPs) [...]
