The Fraser Institute recently announced that June 10 is Tax Freedom Day 2018 (although the date varies depending on where you live in Canada). According to the Fraser Institute calculations, from that day onward, employees are finally working for themselves and their families. Moreover, if you had to pay all your taxes up front to different levels of government, you are now in the clear to keep the rest of your earnings until a new year begins.
Maybe it's just me, but in the fall, I tend to roost a little, reflect and get some planning done for next year. Many businesses do the same...and many of you are wrapped up in 2014 Budget Planning cycle right now.
Economic conditions in Canada have steadily improved, while the unemployment rate continues to drop. Many Canadians are re-entering the labour force after lengthy hiatuses as companies are hiring and profit sheets are back in the black. There are several regulated or specialized occupations – those controlled by a professional association or provincial and/or federal law – that have a positive outlook. About 20 percent of all jobs in Canada are regulated. Some require advanced education and licensure, while others require only provincial certification. Here are highlights from five of those careers and information on getting started.