Money Dates | Canadian Money Brief What's Paid, Due or Changing This Week Week of Monday, November 16, 2026 Three dates matter this week: a big inflation report on Monday, then two benefit payments on Thursday and Friday. Here is the week, plus what is coming over the next five weeks. This Week: Nov 16 to 22 Date What What to know Mon, Nov 16 8:30 am ET October inflation report (CPI) Statistics Canada's CPI for October. September came in at 3.1%, up from 3.0% in August. The Bank of Canada watches this before its Dec 9 decision. Thu, Nov 19 Canada Disability Benefit Up to $204.20 a month. Paid on the third Thursday of each month. Fri, Nov 20 Canada Child Benefit (CCB) Up to $679.75 a month for each child under 6 and $573.58 for each child aged 6 to 17, for families under the income threshold. Not this week: CPP and OAS (Nov 26). The Groceries and Essentials Benefit, formerly the GST/HST credit, is not paid again until Jan 5, 2027. The Ontario Trillium Benefit was paid Nov 10....
A family trust is a legal arrangement that allows you to transfer your assets to a trust, which is then managed by one or more trustees for the benefit of your family members. A family trust can offer several advantages for your estate planning, tax planning, and asset protection. Here are some of the main benefits of setting up a family trust:
- Reduce taxes: By transferring your assets to a family trust, you can avoid or minimize the taxes that would otherwise be payable on your death, such as probate fees, income tax, and capital gains tax. You can also use a family trust to split income among your family members who are in lower tax brackets, reducing your overall tax liability.
- Protect assets: A family trust can help you protect your assets from creditors, lawsuits, or family disputes. Since the assets in the trust are no longer owned by you, they are generally not subject to claims from third parties. A family trust can also prevent your assets from being misused or wasted by irresponsible or inexperienced beneficiaries, as the trustees have the discretion and authority to manage and distribute the assets according to your wishes.
- Preserve legacy: A family trust can help you preserve your family wealth and values for future generations. You can use a family trust to provide for your spouse, children, grandchildren, or other relatives, as well as to support charitable causes that are important to you. You can also use a family trust to ensure that your assets are used for specific purposes, such as education, health care, or business ventures.
Setting up a family trust requires careful planning and professional advice. You need to consider the type of trust, the trust agreement, the trustees, the beneficiaries, the assets, and the tax implications. You also need to review and update your trust regularly to ensure that it reflects your current situation and goals. A family trust can be a powerful tool for your financial and estate planning, but it is not a one-size-fits-all solution. To find out if a family trust is right for you, consult a qualified lawyer or financial advisor.
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