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Keep track of what’s happening at Drover Financial, get updates about investment opportunities, and learn about recent insurance options.

Tax Return Filing Tips

Every year over 25 million Canadians file a personal income tax return. In the not-so-distant past, the majority of tax returns were filed manually, which required tax payers to complete the paper forms, assemble the package, attach receipts and mail the return to the Canada Revenue Agency (CRA).

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Did You Know?

A Dependent is usually a spouse and unmarried children (adopted, step or natural) of an employee.

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trustee is a person or firm that holds assets for the benefit of a third party.

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Capital Cost Allowance - A taxation term, equivalent to depreciation, that makes allowance for the wearing away of a fixed asset.

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TSFA is an abbreviation for Tax-Free Savings Account. Learn more here.

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Your policy period refers to the time between the beginning and expiry of your policy.