KeatsConnelly Cross-Border Weekly Best of the Web 2014-9-5

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 bounce around from a technical piece on issues Canadian real estate investors in the United States need to be aware of, to a fairly shocking look at the costs of the CPP system, and finish with a view on elder fraud.

Tax Treaty Issues For Canadian Investors In U.S. Real Estate ( – As described in previous articles, U.S. tax rules applicable to foreign investors in U.S. real estate are often less favorable than those applicable to U.S. citizens and residents. However, Canadian investors are entitled to special tax benefits under the Canada-U.S. tax treaty.…

CPP’s hidden costs: Pension plan no model of efficiency ( – In the recent debate over an expanded Canada Pension Plan (CPP), its low cost was offered as one of the main benefits for larger government-managed pensions. The Ontario government, introducing its own version of the CPP, argues that lower costs helped to justify public pension plans. Not surprisingly, the Canada Pension Plan Investment Board (CPPIB), which manages the CPP’s investments, burnishes this image of high efficiency and low cost. Every year it publishes its operating expense ratio, narrowly defined as operating expenses relative to assets under management. Last year, these operating expenses totaled $490-million or 0.28% of its average assets. Sounds like quite a bargain…

Look who’s defrauding your mom and dad ( – Few things are more disturbing than stories of elder abuse. But while physical abuse and neglect of seniors gets plenty of attention, financial abuse of the elderly is less visible. Still, about one in eight of the elder abuse cases reported every year relate to financial abuse, according to the National Center on Elder Abuse. And the perps are not who you might think. In a new study of the state of elder financial fraud, 58 percent of the people reporting financial abuse said the wrongdoer was a relative, most often an adult child…

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

Tagged with: , , ,
Posted in Cross-Border Blog
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?

Crossing the Border?
Get Updates from Us