KeatsConnelly Cross-Border Weekly Best of the Web 2014-3-14

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets. This week we offer a mix of articles discussing crossing the border, Canada as a creditor nation, and Canadian healthcare waitlists.

Border shakeup could have tax consequences for snowbirds ( Canadian and U.S. authorities are about to make a dramatic shift in the way they determine the residency of individuals who split their time between both countries, and snowbirds unprepared for the changes could face serious tax consequences. “The goal is to make Canadians live up to the rule against spending more than six months in the U.S.,” says Matt Altro, chief executive of Montreal-based MCA Cross Border Advisors Inc…

The world’s newest creditor nation: Canada ( Forget that Canadians are carrying record debt loads and most governments are deep in the red. Canada is suddenly, and unexpectedly, a creditor nation. For the first time in at least nine decades, Canada has more assets abroad than foreigners have here. These include direct investments, stocks, foreign currency reserves and the like…

Toronto doctor smacks down U.S. Senate question on Canadian waitlist deaths (  A Toronto doctor snidely held her own Tuesday after an obscure U.S. Senate subcommittee hearing suddenly turned into a quarrel over the purported deadliness of Canadian health care.“On average, how many Canadian patients on a waiting list die each year? Do you know?” Republican Senator Richard Burr asked at the end of a prickly exchange with Dr. Danielle Martin, vice president of Medical Affairs at Toronto’s Women’s College Hospital…

Come back next week for more interesting news and articles. Enjoy your weekend!

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Cross-Border Series
The Border Guide
Now available in its 11th edition, The Border Guide has sold over 80,000 copies and is considered the definitive cross-border financial tool for Canadians living, working and investing in the United States.
A Canadian's Best Tax Haven
This book will show you how to realize your dream of living a lifestyle in a climate that allows for year-round golfing and sandy beaches while lowering your taxes and cost of living.
Taxation of Canadians in America
This book addresses individual US taxation and estate planning issues you will face as a Canadian living in the US.
Taxation of Americans in Canada
US citizens and green card holders are subject to US tax regardless of where they reside in the world. Are YOU at risk?

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