In the Mood With Kim G C Moody

Gad Saad, the Canadian evolutionary psychologist and commentator, was stunned to learn what leaving Canada would cost him in Canadian “departure tax.” Kim G C Moody breaks down the actual tax mechanics behind non-residency and explains why the rule, while brutal, is entirely logical policy, not confiscation. Kim also digs into why so many successful Canadians are heading for the exits, and what Ca...

In this episode of In The Mood With Kim G C Moody Podcast, Kim discusses why policies that trap residents of a country - “adhesive residency” - is not a good idea. Whether that trap is by way of high tax rates, making it difficult to extricate from a country’s tax system - like Australia proposed in 2023 - or by way of making Canadian educated graduates pay an “exit fee” to reimburse government fo...

In this episode of In the Mood With Kim G C Moody podcast, Kim makes the case that political tax gimmicks should be minimized notwithstanding tax and politics are like wine and cheese. He walks through some recent history of poor political tax gimmicks and reviews the latest - an enhanced GST credit / cash handouts rebranded as the Groceries and Essentials Rebate.  He makes the case for “Big Bang”...

In this episode of In The Mood With Kim G C Moody Podcast, Kim takes the listener through a 2025 Canadian tax policy in review.  He starts off in January 2025 with the capital gains proposal saga, the spring election and parliamentary session all the way through to the November 4, 2025 federal budget and some December CRA announcements.  He ends the podcast with a brief 2026 crystal ball peek.  Ha...

In this episode of In the Mood With Kim G C Moody Podcast, Kim G C Moody discusses the November 4, 2025 Canadian federal budget with an emphasis on the tremendous spending.  He discusses the minor tax content contained in the budget but states emphatically that the spending is the highlight reel matter.  It will have impacts for decades to come.  He also reviews the deceptive budgeting trick of “s...

In this episode, Kim G C Moody describes the proposal to change the way Canadian federal budgets are reported.  First proposed during the Liberal Party leadership campaign, Mr. Carney expressed his desire to “separate the capital budget from the operating budget”.  This old accounting trick has a long history that Kim wrote about in a March 2025 Financial Post article.  The obvious question is wha...

In this episode, Kim G C Moody discusses what Canadians can expect in the upcoming November 4, 2025 federal budget. He discusses the fact that the budget is unacceptably late, reviews the Liberal Party tax election promises, what tax measures “should” be in the budget (although they likely won’t be), the use of vacuous phrases like “spend less, invest more” and why it’s unacceptable and deceptive...

In this episode of In the Mood With Kim G C Moody Podcast, Kim comments on the huge federal spending commitments recently made by PM Carney. When asked by a reporter about the Parliamentary Budget Officer’s concerns about fiscal sustainability and whether or not there would need to be increased taxes to pay for such amounts, Mr. Carney rolled his eyes and proceeded to give a non-answer. Kim commen...

In this episode, Kim G C Moody dives into a high-profile tax controversy involving NHL star John Tavares and the Canada Revenue Agency’s reassessment of his signing bonus from the Toronto Maple Leafs. If you've read recent media coverage on the issue, chances are you've seen more confusion than clarity, so I'm here to set the record straight. We explore how Canadian tax law and the Canada-U.S. tax...

In this overdue podcast, Kim provides updates on what’s happened in the Canadian tax and economic landscape since the Canadian election call. He also discusses the need for new PM Carney to recognize the real division amongst Canadians and work hard to unify.   Kim then discusses some of the early actions of the Carney government such as not presenting a spring budget, the commitment to implement...

In this episode, Kim G C Moody uses the famous song by the classic rock band - The WHO, “Don’t Get Fooled Again” - to discuss how taxation policy gets introduced in Canada by providing an update on the capital gains inclusion rate proposals (they are dead) and then discussing how current politics in Canada will affect the proposed solution to such issues….we need tax reform which has been proposed...

In this episode, Kim chats with a former senior member of the Department of Finance, Tax Legislation Division, Kerry Harnish.  Kerry has a very interesting background and his contributions to Canada's taxation system are very impressive.  He retired from the Department in 2019.  During his career and after retirement, he spent significant time researching prior Supreme Court of Canada decisions as...

In this episode, Kim spends some time describing some recent experiences of how poor the average Canadian’s knowledge is about finances.  He goes further to explain why it’s important for Canadians to take this seriously (his mission for 2025 is to continue planting acorns in this area) and how that relates to the current political environment in Canada, especially with external forces like a new...

The Canadian capital gains proposals first introduced in the April 16, 2024 federal budget are on life support because of the political chaos that Canada is currently experiencing. While the Canada Revenue Agency has a long-standing policy to administer proposed tax law, would it be appropriate for the CRA to continue doing so if an election is called knowing that there is a high probability that...

In this episode of "In The Mood With Kim G C Moody Podcast”, Kim interviews industry leading legend Paul Tompkins of Tompkins Insurance.  Paul is a Vancouver raised, Calgary born, Toronto based leader in the use of life insurance as a proper and effective tool for high / ultra high net worth families in their overall planning.  Kim dives into Paul’s legal background, the establishment of his firm,...

In this episode of “In The Mood With Kim G C Moody Podcast”, Kim discusses the so-called recent Christmas present handed out by the Canadian federal government: the GST / HST holiday on certain “affordability” items and the $250 cash handout scheduled to be distributed to certain Canadians in the spring of 2025.  Is it really a gift?  Or will it come with significant costs?  Short answer….it’s a c...

This podcast with host Kim G C Moody and guest Jack Mintz discuss the need for comprehensive tax reform in Canada. Mintz outlines the history of tax reform efforts in Canada, including the Carter report and the Mintz committee's recommendations in the 1990s. He argues that since then, Canada has implemented piecemeal changes that have increased tax system complexity and distortions, rather than un...

In this podcast, Kim G C Moody discusses the possibility of the Canadian capital gains inclusion rate increase proposals not becoming law because of an election being called before the proposals receive Royal Assent. Might that happen? Well, the chances of that are small but what should affected taxpayers do in the meantime? What will happen if the proposals never become law? Kim discusses this an...

Tax is complex. That’s a given. The voluminous and horrifically complex recent August 12, 2024 draft tax legislation released by the Canadian Department of Finance is continuing evidence of that. As a recent tax commentator said “complicated rules to mitigate the impact of complicated rules doesn’t do our tax system any favors”. That’s absolutely true. Notwithstanding, there is no doubt that an at...

In this episode, Kim follows up from a July 30, 2024 article that he wrote about in the Financial Post that discusses a taxation model that Canada should consider implementing based upon what the small country of Estonia has done with great success. Kim opens up the podcast by quickly reviewing ten poorly thought-out taxation policies implemented by Canada in the last 9 years that needs to dismiss...

In this episode of In the Mood With Kim G C Moody, Kim explores the reasons why there has been a large increase in the numbers of successful CDNs leaving Canada for greener pastures. Yes, poor tax and economic policies contribute to such reasons but ultimately other reasons have more impact. Kim explores the recent history and, in particular, the messaging surrounding the attacks on successful Can...

In this episode, Kim G C Moody discusses whether or not Canada will introduce new forms of taxation like a wealth tax and / or a home equity tax. These are not new ideas but in light of the capital gains inclusion rate increase that came out of the 2024 CDN federal budget, it is obvious that the CDN government is in search of new taxation revenues to fund its reckless spending. Some left leaning “...

As of the date of the recording of this podcast, June 4, 2024, we are exactly 3 weeks away from the proposed implementation of the Canadian capital gains inclusion rate increase. What are the lessons learned so far? What should affected Canadians do or are we still “planning in the dark” without draft legislation being released to provide necessary details for the proposals? Kim muses about these...

In this episode, Kim G C Moody discusses the rhetoric of “tax the rich” and having them “pay their fair share”. This old and tired line was resurrected recently in the 2024 Canadian federal budget with the budget proposal to increase the capital gains inclusion rate. Do successful Canadians already pay their “fair share” of tax? If so, how much do they pay as a percentage of the whole? Is there ro...

In this episode, Kim G C Moody discusses the tax and economic highlights of the April 16, 2024 Canadian Federal Budget. The short story is it’s ugly…both on the economic side and tax policy measures. Kim’s taxation comments focus on the new capital gains inclusion rate increases and why the messaging and politics surrounding the June 25, 2024 implementation date are offensive. He also briefly comm...