July 9, 2025

• Version 2025.4 released on July 9, 2025.
• Portfolio Builder>Basic Portfolios: The FP Canada Portfolios 2025 file has been added to the Basic tab.
• FP Canada 2025 Return Assumptions: The FP Canada assumptions have been added to the Asset Allocation>Return Assumptions tab.
• Presentation Builder: Estate Maps are now available for the current solution and a selected “other solution.” In a report, this enables the comparison of estate maps between two solutions.
• VW>About Page: The labels and list selections are now available in French.
• VW>Tax Update: For 2025, the first tax bracket rate is reduced to an average of 14.5%. For 2026 and on, it is reduced to 14%.
• VW>Flow-Through Shares: Significant enhancements, including the ability to model the sale to a liquidity provider (a “bought deal”).
• VW>Reports>Legacy-Planning Report>Print Word: There is now the ability to compare the estate map for the Baseline Plan and Selected Plan.
• VW>Planning Tactics Enhancements: For the OAS, CPP/QPP Start Age tactic, the preferred tactic is now automatically selected. For the Port. Withdrawal Start Ages tactic, the optimization will now suggest earlier or later start ages.
• CW>Capitalization Tab>Preferred Shares: Redeemable has been added to the Edit menu (…). Redeemable preferred shares are a liability of the company.
• CW>IPPs: On the Terms panel, there is now an Exclude From Equity Forecast checkbox.
• CW & TW>Vehicle>Insurance/Operating/Maintenance Expenses: A Details button has been added to the panel.
• Fixes: : In VW, to the Life Insurance>Over Time calculation. In VW, to importing a CW file. In VW, CW, and TW, to calculations for bi-weekly versus accelerated bi-weekly mortgages.

April 17, 2025

• Version 2025.3 released on April 17, 2025.
• VW Tax Updates: There have been several changes due to recent provincial budgets. For PE, the BPA (Basic Personal Exemption) is increased from $14,250 to $14,650 and to $15,000 in 2026 (not indexed). For 2026, all five tax brackets will be increased by 1.8%. For QC, elimination of the tax shield and political contribution tax credit. For MB, removal of tax bracket indexation. The BPA will be phased out for net income levels between $200,000 and $400,000. At a net income level of $400,000 and above, no BPA will be available. For AB, the change in the tax rates scheduled for 2026 / 2027 is moved forward to 2025. Because of the new 2025 $60,000 tax bracket, a supplemental tax credit has been introduced..
• VW Reports>Section Templates: Updates to the Financial – Life Plan, Investment Policy Summary, Legacy Planning Reports, and Protection Planning Reports vwr files.
• VW Reports>Print Word Button: For the Planning Tactics style of reports, you may now select a section template vwr file (see above) and click the Print Word button to print a Word report directly from the Report tab.
• TW>Inter Trust Asset Transfer: The ability to transfer assets to other trusts has been added on the Residue Ben. tab and an asset’s Buy/Sell panel.
• Fixes: For VW, to the transfer of rental properties to CW and TW. For CW and TW to the deductibility of interest on lines of credit.

March 28, 2025

• Version 2025.2a released on March 28, 2025.
• VW Tax Updates: Reduction in the Capital Gains Inclusion Rate (CGIR) to 50%, effective immediately. The Lifetime Capital Gains Exemption (LCGE) remains at $1,250,000, indexed. To NS and SK taxes. For QC residents, an increase in the maximum annual LIF withdrawal if age 50 to 54.
• VW>Presentations>Planning Tactics Window>Tactics List: The Port. Withdrawals Start Ages tactic is now before the Optimize OAS, CPP / QPP Start Age tactics.
• VW>Planning Tactics Report: The Appendix sections have been completed. On the To Do/Reports page> To Do By Year tab, issues with the date field have been fixed. Planning Tactics reports are now available for RP and REP plans. There are also Investment Policy Summary, Legacy-Planning Report, and Protection-Planning Report section templates (vwr files). On the To Do/Reports page>Report tab, click the Section Template Load button to select and load a focused report.
• Presentation Builder>PowerPoint / Word Tab: New AI tags have been added that may be used in PowerPoint® presentations and Word® docs. Word templates for Planning Tactics reports have been added to the C>Documents> VisionSystems> Word Documents folder. The templates include Life Planning Tactics Report, Investment Policy Summary, Legacy-Planning Report, and Protection-Planning Report docx files.
• Mortgages: The Prepayments panel now has a Details button with a Select Month dialog box. Mortgage interest is adjusted based on the month selected.
• TFSA Tree View Changes: The Your $ Contributions entry has been relabeled as Annual $ Contributions and the Unused TFSA Contributions entry has been relabeled as Unused TFSA Deduction Room Contributions.
• RRSP Tree View Changes: The two tabs on the RRSP Limit and Terms panel are now separate tree view entries, RRSP Details and RRSP Limit. On the RRSP Limit panel, the Unused RRSP Deduction Limit field has been relabeled as Unused RRSP Deduction Room. The Undeducted Contributions field has been relabeled as Unused RRSP Contributions. In the tree view, the Your $ Contributions entry has been relabeled as Annual $ (or %) Contributions and the Unused RRSP Contributions entry has been relabeled as Unused RRSP Deduction Room Contributions.
• RESP: If there is a RESP balance after all education withdrawals are made, the unused capital contributions are automatically returned to the contributor(s).
• Other>Other Assets>Child: The Term and Life Annuity Buttons (Single Pay), and Investment Mortgage button are now enabled for a child aged 18 or older. The purchase may be paid for by a party other than the child.
• Will Page>Estate Output: On the Will page, assets now have a Beneficiary Pays Taxes checkbox. Select it if the beneficiary / beneficiaries of an asset will pay the capital gains tax on it, not the estate. Selecting the checkbox transfers the capital gain to a beneficiary’s tax return in proportion to their ownership interest. Note: A Will must specify that the beneficiary of an asset pays the capital gains tax on it.
• CW Tax Update: To the NS small business tax rate, plus an increase in the small business deduction to $700,000.
• CW Tactics>Cap. Changes Tab: A partial share redemption (< 1 share) may now be entered in the final year of redemptions.
• TW>About Page>Contingent Beneficiaries Tab: It now has sub-tabs for Income Beneficiaries and Capital Beneficiaries.
• Fixes: To the Mortgage>Amortization calculation. For lines of credit to pay downs and the treatment of capitalized interest. For a Portfolio/Accounts> Credit Line/Personal Loan> Related Party Loan (such as on a child’s tab), the loaner may be a Principal Party or Joint (new). For a retired client, on the Solutions page>Retirement tab the Show OAS Clawback button and table are now enabled.

February 7, 2025

• Version 2025.2 released on February 7.
• VW/CW/TW>Update: The Capital Gains Inclusion Rate (CGIR) is 50% until January 1, 2026. The increase in the LCGE and the new CEI remain unchanged.
• VW/CW/TW>Annual Update: To CREA (CDN Real Estate Association) provincial real estate growth rates. For VW, to the capital cost and monthly lease cost maximums for passenger vehicles when used for business purposes.
• VW>Planning Tactics Report: This has been completed, except for some sections of the Appendix.

January 14, 2025

• Version 2025.1 released on January 14.
• Portfolio Builder: Annual update to the Asset Allocation> Return Assumptions tab entries.
• Ideal Panning Candidates Software: A fix to the manual entry of responses to the Financial Attitudes statements.
• VW/CW/TW>Annual Update: To income taxes, and the inflation and $CDN/U.S. rates.
• VW>Quarterly Update: To GIS and OAS benefits.
• VW>Quebec LIF Withdrawal Limits: For residents aged 55 and older, the maximum LIF withdrawal limit has been removed.
• VW>Living Benefit and Health Insurance Policies: These have been enabled for minors. By default, Principal Parties pay the premiums, not the minor.
• VW Reports: A beta version of the Planning Tactics reports is available on the To Do/Reports page>Reports tab. Applied AI planning tactics are automatically included in a report.
• VW Fixes: To inter-TFSA transfers. To deleting a Principal Party to a plan. To names on the About page, which may now include apostrophes.
• CW>Bank Policy Loan and CDA Account: On the death of the insured, the benefit pays off any bank policy loan and the amount of the benefit is also credited to the CDA account.
• IPPs: A Portfolio Management Fee has been added to the tree view. The fee is added to Schedule 125, line 8860.
• CW Fixes: To the deletion of preferred shares.

December 19, 2024

• Version 2024.5 released on December 19.
• VW NEW AI Feature: The new AI Tactics feature has been added that eventually will replace several features on the Tactics tab. To access Tactics, select Presentations in the menu bar and Planning Tactics. For an explanation on how to use the Tactics window, click the Help button in the lower-right corner. 

June 27, 2024

• Version 2024.4 released on June 27.
• VW/CW>Net Cash>Spreadsheet: Portfolio Transfer columns have been added to the right end of the spreadsheet after the Annual Net Cash Flow column. The Transfer columns display any excess cash flow (“savings”) that is transferred to selected portfolios. 
• VW/CW/TW>Taxes>Other>Accrued: There are now Capital Gains x 50% and Capital Gains x 66 2/3% fields to accommodate realized gains before June 25 and after June 24, 2024.
• VW>Budget 2024: For GREs and QDTs, the 50% CGIR up to the $250,000 threshold will apply.
• VW>Jointly-Owned Property: VW now permits the gifting of an interest in a jointly-owned property to a co-owner and calculates capital gains taxes, if the gift is to a non-spouse or non-CLP.
• VW>Estate Tab>Graph Feature: The Graph calculation table may now be printed as a spreadsheet. You may create a spreadsheet that combines the Graph tables from multiple solutions for comparison purposes.
• VW>Fixes: To the CPP/QPP benefit calculation when there is a jointly-owned self-employed business, farm, etc. To the B.C. property tax deferral calculation. To the calculation of U.S. estate taxes, when a party is the capital beneficiary of a very large trust. To the distribution of inter-trust loans on the Residue Ben. page in TW, if the Distribute date is 12/30 for the year of a Deemed Disposition (12/31) and the date is after the loan’s maturity date.
• CW>Tactics>Capital Changes>Share Redemptions: For preferred shares, a Clear RDTOH checkbox has been added. For any redemption date, CW calculates the ERDTOH and NERDTOH balance, and the number of shares that need to be redeemed to clear the balance (pay non-taxable dividends).
• CW>Fixes: To life insurance premium payments, if the client’s life expectancy is changed after importing from VisionWorks. To some mortgage calculations for rental properties owned in partnerships.
• TW>Schedule 8: A fix to line 19 (eligible dividends) and line 26 (ordinary dividends). They no longer include dividends designated to non-resident beneficiaries.

May 8, 2024

• Version 2024.3 released on May 8.
• CIFSC Category Changes: Two new categories have been added under Equity: U.S. Dividend & Income Equity and Global Dividend & Income Equity.
• FP Canada 2024 Inflation and Return Asumptions: The assumptions have been added to Portfolio Builder (PB). To apply them, in PB select the Asset Allocation> Return Assumptions tab, click the Load From File button, select the FP Canada AA Returns 2024.vssr file, and click the Open button.
• VW Taxes: The 66.67% capital gains inclusion rate is applied to capital gains above the $250,000 50% threshold, if the gains are realized after June 24, 2024. Gains on private company shares are subject to the increased LCGE. The CEI may apply.
• VW>Canada Disability Benefit: The $2,400 benefit runs from July 1 to June 30 of the following year. The benefit is automatically added as a cash source, if the Disability Credit checkbox is selected on the About page.
• VW>RRSP>Home Buyers’ Plan (HBP): The amount that may be borrowed has increased from $35,000 to $60,000. For loans taken out between Jan. 1, 2024 and Dec. 31, 2025, repayments need not begin for five years, rather than the previous two years.
• VW>AMT: The charitable donation tax credit has been increased from 50% to 80%.
• CW/TW>Taxes: The 66.67% capital gains inclusion rate is applied to capital gains, if the gains are realized after June 24, 2024. For a trust, the gains must be retained by it.
• CW/TW>Tax>Other>Tax Refund: A tax refund button has been added. Use it to enter a tax refund from a prior year that has not yet been received. For all subsequent years, taxes are correctly calculated.
• TW>Spousal or Common-Law Partner Trust: The trust may claim the settlor’s unused capital gains deduction upon his/her death. The trust may claim up to $1,016,836 in deductions until June 24, 2024. After June 24, the trust may claim up to $1,250,000. After 2025 the amount will be indexed to inflation.
• VW/CW/TW>Right-Click Menu>Copy: This new command allows you create a copy of an asset or insurance policy in the same solution. This facilitates adjustments to some entries and is particularly useful when combined with the Include / Exclude command.
• VW/CW/TW>Right-Click Menu>Copy to Other Solution: This command now includes the ability to copy life insurance policies to another solution. Select the checkboxes for the desired solutions, and click OK.

April 5, 2024

• Versions 2024.2 released on April 5.
• VW>PDF Questionnaires: For the RP and REP Pre- and Post-Retirement PDF questionnaires, a Vacation Expenses section with Summer, Winter, and Special Vacations has been added.
• VW>Provincial Taxes:

1. BC Residents: The BC Child Opportunity Benefit and Climate Action Incentive tax credit have been added. For the purchase of a new home, if the HBTC and Include Land Transfer Tax checkboxes are selected, then no land transfer tax is calculated for a home valued at $835,000 or less.
2. AB Residents: In 2026, there will be a new tax bracket for taxable income up to $60,000, indexed. The rate will be 9% and will be reduced to 8% in 2027.
3. SK Residents: The dividend tax credit rate for non-eligible (ordinary) dividends will increase to 0.02519 in 2024, to 0.0298 in 2025, and to 0.03362 in 2026 and on.
4. NS Residents: Starting in 2025, the income tax brackets and Basic Personal Amount will be indexed.
5. PE Residents: In 2025, there will be increases to the income tax brackets, the Basic Personal Amount to $14,250, the Spousal and Eligible Dependant amounts to $12,103, and the Age Amount to $6,510.

• CW>Provincial Taxes:

1. SK: The increase in the small business rate from 1% to 2% has been postponed until June 30, 2025.
2. NL: The small business rate has been reduced from 3% to 2.5%.

• CW/TW>Aggregated Accounts Fee: For the Main Account, an Aggregated Accounts Fee button has been added.
• CW/TW>Dividends/Distributions>Auto Withdrawals: On the Dividends and Distributions tabs in CW and TW, you may now mix manual and auto withdrawals.
• VW/CW/TW>Calculation Speed: A change to the calculation method, which has resulted in a significant improvement in the calculation speed.
• VW/CW/TW>Output>Net Cash>Sources>Dividends/Distributions: For dividend income from companies and distributions from trusts, an additional level of detail has been added. Drill into Dividends or Distributions>Cash Payments to see the companies or trusts from which the dividends or distributions are received.
• VW/CW/TW>Rental Properties>IRR and ROI:  IRR and ROI calculations are now available on the Gross Rent>IRR/ROI tab. 
• VW/CW/TW>Insurance Policies>IRR: An IRR calculation is now available on the Details>IRR tab.

February 20, 2024

• Version 2024.1a released on February 20.
• Client Manager: Based on the Financial Attitudes exercise, the client’s Risk Tolerance is now displayed (Low, Average, or High). The weighted return for all of a client’s portfolios is displayed.
• VW>QPP: As of January 1, 2024, QPP benefits may now begin at age 72, based on the client’s age as of the previous calendar year end.
• VW>Aggregate Account Fees: These may now include the value of RESPs.
• VW>RRIF/LIF/LRIF Withdrawals: Withdrawals may now be based on the age of a deceased spouse or common-law partner. On the About page, for Relationship select Widow / Widower. Click the Edit button (…) and enter the deceased partner’s date of birth. On the RRIF/LIF/LRIF Withdrawals panel, select the Base on Spouse checkbox.
• VW>Fixes: To the dividend tax credit rate for QC residents. To the RRSP/RRIF>Beneficiaries options for a child or grandchild. To an OAS payment and Estate Residue calculation when a DBP member is expected to die before DBP benefits begin.
• CW>Dividends>Auto Withdrawals: These may now be made from an opco to a holdco to make up any shortfall in its Main Bank Account.
• CW>Fixes: To the Net Worth and Income Assets output in VW pursuant to a subsection 88(2) wind up in CorpWorks. To a promissory note payment subsequent to a share redemption by way of a promissory note.

January 29, 2024

• Version 2024.1 released on January 29.
• Portfolio Builder>Asset Allocation>Return Assumptions: These have been updated. Assumptions you manually changed are not updated. To view the new assumptions, save your current assumptions and click Revert to Defaults to view the 2024 assumptions.
• Presentation Builder>Report Settings: On the Text Blocks/ Tables/Graphs tab, there is now a checkbox for 3D pie graphs and a separate checkbox for 3D bar graphs.
• Client Manager: There is a fix to the Linked to CorpWorks and Linked to TrustWorks columns.
• VW/CW/TW>Annual Updates: To income taxes, and the inflation, $CDN/U.S., and real estate rates.
• VW>Quarterly Updates: To GIS and OAS benefits.
• VW>Tax Refund: There is a new Tax Refund button under Tax>Other. Use it if a refund is expected in the first year of the plan, but only if not yet received. In all other years, taxes are correctly calculated.
• VW>QESI: The Quebec Education Savings Incentive (QESI) is now automatically calculated for residents of Quebec.
• VW>Estate Tab: Click the Show Table button to display an estate’s Residue for Distribution. Two fields have been added, Total Estate Charges and Estate Charges/Total Estate Value, which displays a %.
• VW>Fixes: Non-reg. portfolio withdrawals are now in $Act (inflated dollars). To the Government Benefits label in the French version.

November 24, 2023

• Version 2023.7 released on November 24.
• VW/CW/TW>Quarterly Update: To the Fundata data.
• VW/CW/TW> Portfolio Management Fees: You may now enter fees as a dollar amount, % of the account value, or % by asset class. An Apply Total HST/GST/PST field has been added. Enter the applicable rate based on your province of residence.
• VW>Quarterly Update: To OAS/GIS.
• VW>Annual Updates: The MEI (Maximum Insurable Earnings) for EI premiums will increase to $63,200 in 2024 and rates will increase to 1.66% (1.32% in QC). To the TFSA annual contribution limit ($7,000, lifetime $95,000). To the RRSP annual contribution limit ($31,560 for 2024 and $32,490 for 2025). To the RRP contribution limit ($32,490 for 2024). To the YMPE ($68,500 for 2024). The YAMPE has been set at $73,200 for 2024. The OAS clawback level will increase to $90,997 for 2024.
• VW>CPP/QPP Survivor’s Benefit: The maximum benefit is now automatically calculated in output (but not in the entry panel).
• VW>Fixes: To spousal support payments received, which qualify as earned income for RRSP contribution purpose. To RESP withdrawals. Under certain conditions, excess funds in RESPs may be paid to contributors in proportion to their contributions. See Help for details.
• CW>Annual Updates: To EI premiums, RRSP contribution limits, and CPP/QPP contributions.
• CW>Rental Properties: For renovations, additions, and improvements, an Add to Asset Value % field has been added.
• CW>RCAs: Employee contributions have been added.
• CW>Tactics>Insurance>Shareholder Bank Loan: New ease-of-use feature enhancements. See the Help topic for details.
• TW>Fixes: To Distributions>Tactics>Auto Withdrawals when in VisionWorks the Withdrawals>Withdraw Int./Div. Returns checkbox is selected for a non-reg. portfolio.

September 27, 2023

• Version 2023.6 released on September 7.
• VW>Quarterly Updates: To the Fundata data.
• VW>Non-Reg. Portfolios>Withdrawals: You may now manually withdraw amounts from non-registered portfolios, up to the Auto Withdrawal age set on the Tactics>Withdrawals tab. Previously, this feature was available only for TFSAs, RRSPs, etc.
• VW>AgriInvest Account: If there is a self-employed farm entry, you may now add an AgriInvest account. Under Portfolio/Accounts>Banking Accounts, click the AgriInvest Account button.
• VW>Output: For greater clarity, Government Benefits is now a separate output series. It displays OAS, CPP/QPP, GIS, CPP/QPP Survivor’s, CPP/QPP Disability, and U.S. Social Security payments.
• CW Settings Page: A Prescribed Rate field has been added. It is updated quarterly.
• CW>AgriInvest Account: If there is an Income>Farm entry, you may now add an AgriInvest account. Under Assets>Other Assets, click Banking Accounts and select AgriInvest Account.
• CW>Tactics>Capital Changes Tab>Issue and Redeem/Retract Shares Table: Roll your mouse over a share redemption entry to see the type and class of share being redeemed. There is also an Expand button. Click it to expand the table and display the entries.
• CW>Tactics>Capital Changes Tab>Share Redemptions: You may now index the value of share redemptions. In the Repeat dialog box, select the Index checkbox.
• VW/CW>Fixes: For a life insurance policy in CorpWorks, if the insured is a party in VisionWorks, the benefit is now included when calculating the party’s US estate taxes in VisionWorks.

July 7, 2023

• Version 2023.5 released on July 7.
• VW>Quarterly Updates: To OAS / GIS payments and to the Fundata data.
• VW>Annual Updates: To RDSP and CESG income levels, and to the CCB and CTB ANFI (Adjusted Net Family Income) and payment amounts.
• VW>Report>Investment Policy Statement: For VW plans linked to CW and TW plans, the IPS> Total All Portfolios> Net Return is now weighted for the returns earned on all VW, CW, and TW portfolios.
• VW>Report>Management Fees: In the Appendix, the Portfolio Investment Assets table now displays the fees charged to each portfolio.
• CW>Tactics>Capital Changes Tab>Share Redemptions Button: Similar to Dividend Auto Withdrawals, a redemption feature has been added on the Tactics>Cap. Changes tab. Share redemptions may be automatically calculated in order to top up the Main Bank Account in VisionWorks.

May 31, 2023

• Version 2023.4 released on May 31.
• FP Canada 2023 Return Assumptions: The 2023 assumptions have been added to Portfolio Builder (PB). In PB select the Asset Allocation>Return Assumptions tab, click the Load From File button, select the FP Canada AA Returns 2023.vssr file, and click the Open button.
• VW>Aggregated Accounts Fee: In VW, under Main Bank Account, an Aggregated Accounts Fee button has been added. Fees may be charged on a flat or graduated basis, and may be based on the value of all or a selected group of portfolios.
• VW>Taxable Income Output: Under Net Cash>Uses>Income Taxes, a Taxable Income column has been added. Select T1 General and the Over Time button to display the column.
• VW>Pension Plan Label Change: The Pension Plan label has been changed to Registered Plans in output to avoid client confusion with DBP plans. Some registered plans such as TFSAs, RESPs, and DPSPs are still located under Other Accounts/Plans.
• VW>US Estate Tax Calculation: The Unified Credit has been updated to $12.92M, due to the 2022 increase in the U.S. CPI.
• VW/CW/TW>Spreadsheet Levels of Detail: For income, you may now drill down to see four levels of detail.
• VW/CW/TW>Auto Withdrawals: Because of an increase in speed when calculating the T1, T2, and T3, the number of iterations has been increased when applying auto withdrawals in VW, CW, and TW (for VW on the Tactics>Withdrawals tab, for CW on the Dividends tab, and for TW on the Distributions tab). The Main Bank Account in VW is closer to $0, after auto withdrawals has been applied.

April 6, 2023

• Version 2023.3 released on April 6.
• VW> Federal Budget Changes: Budget changes generally are not included until approved. For RESPs, the proposed increase in the EAP withdrawal limit from $5,000 to $8,000 has been included. It is to be effective immediately. For the AMT, the proposed changes have been included, as best as we are able.
• VW> Provincial Budget Changes: MB has increased the Basic Personal Amount to $15,000 for 2023. The personal income tax bracket thresholds will increase in 2024 to $47,000 and $100,000. Indexing of the brackets and non-refundable tax credits will resume in 2025. For QC, the tax rate for the bottom two tax brackets has been reduced to 14% and 19%. The tax rate for personal tax credits has been reduced from 15% to 14%. Four other tax credit amounts have been increased.
• VW>Quarterly Updates: To OAS/GIS and Fundata data.
• VW>DCPs / LIFs: For Quebec residents, the Beneficiaries entry has been moved to the Will page.
• VW>Land Transfer Tax on Death: For BC residents, the land transfer tax is now applied when an asset such as a secondary residence is transferred by way of a Will. For ON residents, the land transfer tax is applied when all beneficiaries do not share equally in the value of the asset.
• VW>Taxes>Optimize: There are no changes to the calculations. However, for greater clarity the output has been re-organized in the report. A Summary table has been added. For PowerPoint and Word presentations, there is a new tag.
• VW/CW/TW>Options>Freeze File Date: Previously, the Freeze Date applied to all files. This feature has been changed to Freeze File Date. The date applies only to the active (open) file.
• VW/CW/TW>Homes / Rental Properties>Add to Asset Value % Field: For Renovation, Addition, Landscaping, and Improvement entries, there is now an Add to Asset Value % field. Previously, 100% of the value of an entry was added to the asset’s value. You can now enter a %.
• TW>Property>Private Company / Partnership>Private Co. Shares / Private Co. Debt: Unlike shares or debt in a linked CW file, these entries were intended only for “light” corporate modelling. They may now be distributed by the trust to its beneficiaries.

March 10, 2023

• Version 2023.2 released on March 10.
• Client Manager: With this release, we are introducing the Client Manager software. It builds a database of all VW, CW, and TW files and displays their locations. It also displays output for the Ideal Panning Candidates evaluation.
• VW>Options>Export Settings and Data / Import Settings and Data: This feature will help you efficiently transfer files to a new computer.
• VW>Values and Financial Attitudes PDF Questionnaires: These now include a Load from FDF button. If you use branded questionnaires and would like new versions, please let us know.
• VW>CCB: An update has been made to the Canada Child Benefit (CCB) and CDB calculations.
• LIF Maximum Withdrawal Rates: These have been updated to the 2023 rates.
• VW>Tactics>Withdrawals Tab>Post-Retirement Table: For greater clarity, the Withdraw Age label has been changed to Convert Age.
• Real Time: The Net Worth and Income Assets graphs now share the same y-axis. This permits a clearer visual comparison of their relative values.
• VW Fix: For OAS / GIS Survivor’s Allowance recipients, there has been a fix to the income received in the age 64 year.
• CW/TW: Minor updates to 2023 taxes.

February 18, 2023

• Version 2023.1 released on February 18.
• VW>Annual Updates: To income taxes, CPP/QPP benefits, the inflation, $CDN/U.S., and CREA real estate rates, and the CCB and CTB (Child Tax Benefit provincial programs). The CCB and CTB updates are for the period July to June.
• VW>Quarterly Updates: To OAS and GIS benefits, and the Fundata data.
• VW/CW>EI Rates: For 2023, the Maximum Insurable Earnings (MEI) has increased to $61,500. Contribution rates have increased to $1.63 per $100 of insurable earnings ($1.27 for QC).
• VW>RESPs: An enhancement has been made to transfers to other RESPs, RDSPs, and a contributor's RRSP, plus to the withdrawal by a contributor of any residue (remaining balance).
• VW>Estate Tab: The left-hand graph legends now display the Residue for Distribution for both the upper and lower solutions. The U.S. Estate Taxes field now includes the value of a capital beneficiary’s interest in a Family, Alter Ego, and Joint Partner trust.
• CW>Annual Updates: To RRSP, EI, and CPP/QPP contribution rates, WCB rates, and the inflation, $CDN/U.S., and CREA real estate rates.
• CW>Wind Up: An important change has been made to the Tactics>Wind Up tab to more accurately simulate a section 84(2) wind up on the shareholder’s death (complete dissolution of a company). In the year following the wind-up year, dividends are paid to the beneficiaries named in VisionWorks on the Will page> Other> Private Company> Named Company> Beneficiaries/ Donate/ Trusts panel.
• CW>ABILs: To enter an ABIL, you must now complete the new ABIL field on the Tax> Taxable Income Deductions> Non-capital losses carried forward panel.
• TW>Annual Updates: To income taxes and the inflation, $CDN/U.S., and CREA real estate rates.
• VW/CW RRSPs / RPPs: Update to contribution maximums. In CW, this applies to key employees.
• VW/CW/TW>Settings Page: The General Inflation Rate label has been changed to CPI Rate. The Inflation tab has been changed. There is now a CPI Rate and Gov’t Rate tab. The Gov’t Rate tab includes historical data since 2000, when full indexation of income tax brackets, etc. began.
• VW/CW/TW>Vehicles: All vehicle Buy panels now display a class list in order to accommodate all-electric vehicles (Classes 54, 55, and 56). For Net Worth purposes, boats and planes may have different depreciation rates than non-electric vehicles. In VW, if the Business Use checkbox is selected, or in VW/CW/TW if the vehicle is associated with a business, new accelerated depreciation rates apply as a business expense (see Property Classes below). 
• VW/CW/TW>Property Classes: There are accelerated depreciation rates for Classes 54, 55, and 56, which include all-electric (but not hybrid) vehicles.
• VW/CW/TW>Vehicle Leases: These have been enhanced, including as a deductible business expense. For details, see Help.

December 7, 2022

• Version 2022.4a released on December 3.
• VW/CW/TW>Settings Page>General and Government Inflation Assumptions: There are now Edit buttons (…). You may change the inflation assumptions over time.
• VW>DBP and SERP Benefit Panel>Indexed By: A Max. Rate field has been added. The indexation rate may be limited.
• VW>Family>Launching/Gifts>General: You may now make more than one entry. For example, you may create multiple entries, when couples have different points of view.
• CW>About Page>Capitalization Tab: A Participating checkbox has been added and is pre-selected for common shares. Select it for shares (other than preferred shares) that participate in the company's profits and pay dividends. For Special shares, the checkbox replaces the Non-Growth checkbox.

November 8, 2022

• Version 2022.4 released on November 9.
• VW>LIF Withdrawals: An Unlock Maximum option has been added for those provinces that permit unlocking.
• VW/TW>Taxes:  Indexation of the AB personal tax system has been restored, retroactive to January 1, 2022. For TW, the indexation applies to GREs.
• VW/CW>EI Premiums: For 2023, maximum insurable earnings (MIE) will be $61,500. The employee rate will be increased to 1.63% (1.27% for QC) and the employer rate to 2.282% (1.78% for QC).
• CW>Promissory Notes: There are now separate promissory note entries for dividend and share redemptions. The Dividend Payment Method table now has an Interest Rate field. You may apply a rate to the outstanding note balance. For redemptions, on the Cap. Changes tab there are Payment Method, Redemption Payments to Shareholders, and Redemption Promissory Notes Owing tables.
• TW Promissory Notes:  An Interest Rate field has been added to the Distribution Method table.

September 27, 2022

• Version 2022.3c released on September 27.
• VW>Taxes:  For NL, the top tax rate for charitable contributions has been increased to 21.8%.
• VW>FHSA: An annual maximum contribution may now be carried forward and claimed in a later year. To open an FHSA, the client must be age 71 or younger as of December 31.
• VW>EPSP: For Other>Other Assets>EPSP (employee profit sharing plan), there is a cash-flow entry and now the ability to create an EPSP plan.
• VW/CW/TW>To Do/Reports>Spreadsheet Tab:  An “Every x Years” option has been added. For example, the spreadsheet can now show the current year and, as an example, every 5 years after that.
• VW/CW/TW>Portfolio>100% Secured Loan: An Interest Only option has been added.
• VW/CW/TW>Quarterly Update:  To the Fundata data.
• VW Fix: To the CPP/QPP survivor benefit.
• CW>Fix: To the CDA shareholder loan feature, when linked to a file in TrustWorks.
• TW>Fixes: To the distribution of promissory notes. To CDA shareholder loans. Interest from the loan is now added to Schedule 8, line 9.

July 26, 2022

• Version 2022.3b released on July 26.
• VW>Taxes:  Changes to the ON LIFT and provincial political contribution tax credits.
• VW>CCB and RDSP: Annual increases to the income levels.
• VW>Quarterly Update:  To OAS and GIS benefits. For clients who turn age 75 after June 2022, the maximum OAS benefit is automatically adjusted upward by 10%. For clients who already receive it, the benefit must be adjusted manually.
• VW>MB>LIF: 100% of the value of a LIF may now be unlocked.
• VW>General Expenses>Details: Editable expenses have been added, including dry cleaning, cell phone, periodicals / books, digital expenses, and memberships (Amazon, etc.). They are available only for new files.
• VW>TFSA / RRSP / RRIF Beneficiaries: If a resident of QC, the Beneficiaries entry in the tree view is no longer displayed. Instead, the Beneficiaries entry appears on the Will page.
• VW Fix: To the Total non-refundable tax credit calculation, when there is a student loan entry.
• CW>Fix: To taxes on dividends from Asset>Other Assets>Private Company Shares, when the Connected Corporation checkbox is selected.
• CW/TW>Report>Appendix: A Portfolio Sources and Uses table has now been added to the Appendix. The same as in VW, the table displays SOY, return, distributions, and EOY values.

June 8, 2022

• Version 2022.3a released on June 8.
• VW>Federal Budget:  The luxury tax is applied to cars and aircraft that have a retail price over $100,000 and on boats or yachts over $250,000.
• VW>CTB Programs: Annual update to the provincial child tax benefit programs.
• VW>ON Provincial Budget:  Enhancements to the LIFT tax credit, effective January 1, 2022.
• VW>GIS: VW now does a GIS calculation for clients who have lived in Canada for less than 40 years (will receive partial OAS) and whose incomes are below threshold levels.
• VW Power BI: For the spreadsheet, a fifth level of output is available such as home operating expenses. If there is no fifth level of output, you may right-click on an entry in the tree view, select Note, and add a note to the entry (marked by an * in the tree view). The note will appear in the fifth level of output.
• Fixes: To the RSUs calculation. To the BC Property Tax deferral calculation. To the export of a file from VW to the MVOL website.
• CW>Taxes: For SK, the small business rate is 0% through June 30, at which time it increases to 1% until June 30, 2023, after which it increases to 2%.
• CW>Tactics>Wind Up Tab: The ITA Subsection 84(2) wind up feature has been revised. It now includes Subsection 112(3.2) stop-loss rules. For a Subsection 88(2) wind up, the transfer of life insurance policies has been revised.
• CW>CCA Immediate Expensing:  Immediate expensing has been added for “eligible property” acquired by CCPCs up to a maximum amount of $1.5 million per taxation year. Eligible property does not include classes 1-6, 14.1, and 17.
• VW/CW/TW>Options Menu>Freeze Date: When assembling a report, many calculated values are pro-rated in the first year of the plan, based on the month of the year. When the calendar advances to a new month, there can be discrepancies between the new calculated values and text in the report. To prevent this, select Options in the menu bar and Freeze Date. The date is frozen for all plans. After the report is assembled, remember to select Options and de-select the Frozen Date checkbox.
• VW/CW/TW: Annual update to the FP Canada return assumptions.
• VW/CW/TW>Mortgage Terms: If the amortization period is not known, you may now click the new calculator symbol to the right of the Amortization fields. Complete the fields in the Amortization dialog box to solve for the amortization period. For instructions, click Help and the See Also button.

April 29, 2022

• Version 2022.3 released on April 29.
• VW>2022 Federal Budget:  First Home Savings Account (FHSA): Under Other>Other Assets> a First Home Savings Account button has been added. The maximum annual contribution is $8,000 per Principal Party to a 15-year maximum of $40,000. First-Time Home Buyer’s Tax Credit (HBTC): On the Buy/Sell panel for a home, an HBTC checkbox has been added to the Buy tab. The non-refundable tax credit is 15% of the amount to a maximum of $10,000 (up from $5,000) for a $1,500 tax credit. Home Accessibility Tax Credit: A Home Accessibility Tax Credit checkbox has been added to a renovation entry for a principal residence. The non-refundable tax credit is 15% of the amount to a maximum of $20,000 (up from $10.000) for a $3,000 credit. Multigenerational Home Renovation Tax Credit: A Multigenerational Home Renovation Tax Credit checkbox has been added to a renovation entry for a principal residence. The non-refundable tax credit is 15% of the amount to a maximum of $50,000 (a $7,500 tax credit).
• VW>Provincial Budgets: For NB, the Basic personal amount has been increased from $10,817 to $11,270 and the low-income threshold has been increased from $18,268 to $19,177. For NS, the Sports and Arts tax credit is now refundable. For QC, the dividend tax credit rate on the Income Tax Return (TP-1) at line 415 is reduced from 4.01% to 3.42%.
• VW Quarterly Update:  To OAS and GIS benefits, and the Fundata data.
• VW>Reverse Mortgage: The table now displays draws in Actual and Today’s dollars. This helps clients better understand the amount withdrawn, when adjusted for inflation.
• RP/REP Reports: The following output has been added. Section: Financial Starting Point: Net Worth Statement. Subsections: Net Worth Statement (Baseline), Net Worth Statement (Selected), Y.E. Net Worth Statement (Baseline), Y.E. Net Worth Statement (Selected).
• CW>Tactics>Wind Up Tab: The wind up features have been revised. You may now wind up a corporation in one of three ways. ITA Section 84(2): This is the complete dissolution of the company. A Subsection 164(6) Loss Carryback may be done. ITA Section 88(2): This wind up deals with the distribution of assets to the shareholders. ITA Section 88(1): This wind up deals with the tax-free transfer of assets to a "parent" company shareholder.
• CW/TW Quarterly Update:  To the Fundata data.
• VW/CW/TW Notes Window: Rollovers have been added that explain the use of a tool button such as Font Colour, etc.
• VW>Provincial Budgets: For NB, the Basic personal amount has been increased from $10,817 to $11,270 and the low-income threshold has been increased from $18,268 to $19,177. For NS, the Sports and Arts tax credit is now refundable. For QC, the dividend tax credit rate on the Income Tax Return (TP-1) at line 415 is reduced from 4.01% to 3.42%.
• VW Quarterly Update:  To OAS and GIS benefits, and the Fundata data.
• VW>Reverse Mortgage: The table now displays draws in Actual and Today’s dollars. This helps clients better understand the amount withdrawn, when adjusted for inflation.
• RP/REP Reports: The following output has been added. Section: Financial Starting Point: Net Worth Statement. Subsections: Net Worth Statement (Baseline), Net Worth Statement (Selected), Y.E. Net Worth Statement (Baseline), Y.E. Net Worth Statement (Selected).
• CW>Tactics>Wind Up Tab: The wind up features have been revised. You may now wind up a corporation in one of three ways. ITA Section 84(2): This is the complete dissolution of the company. A Subsection 164(6) Loss Carryback may be done. ITA Section 88(2): This wind up deals with the distribution of assets to the shareholders. ITA Section 88(1): This wind up deals with the tax-free transfer of assets to a "parent" company shareholder.
• CW/TW Quarterly Update:  To the Fundata data.
• VW/CW/TW Notes Window: Rollovers have been added that explain the use of a tool button such as Font Colour, etc.

February 26, 2022

• Version 2022.2 released on February 26.
• VW>Main Bank Account:  When operating as a bank account / investment portfolio, the Bank tab now has a Maximum Negative Value field. If the Main Bank Account exceeds the permitted negative amount, the Income Assets forecast will display the “overage” in red.
• RRSP Limit Tab: For the previous year, Salary and Bonus fields have been added. They are in addition to the Earned Income field. This change was necessary to accommodate more precise DCP and Group RRSP contributions.
• DCP and Group RRSP Contributions: In the Terms panel, the Your Contributions and Employer Contributions lists now have the following selections: none, % of salary, % of salary + bonus, and $ amount.
• VW>Report>Estate Comparison: For mass-affluent and higher net worth clients, the most important planning value-add generally arises when you uncover estate issues. The Report now has pie graphs and tables that display an estate comparison.
• VW>Report>RDSPs: In the Appendix, an RDSP(s) report has been added.
• CW>Tactics>Capital Changes Tab: A Section 85.1(1) Share Exchange option has been added. When a company is acquired, you may now exchange its shares for shares of the acquiring company.
• VW/CW/TW>Spreadsheet: When output is displayed as a spreadsheet, the Print button has Regular and For Power BI options. The For Power BI option now has a menu that enables you to print up to 5 levels of detail, and include or exclude Year and Age columns.

January 27, 2022

• Version 2022.1 released on January 27.
• VW>Annual Updates: To income taxes, CPP/QPP benefits, and the inflation, $CDN/U.S., and CREA real estate rates.
• VW>Quarterly Updates: To OAS and GIS benefits, and the Fundata data.
• VW>LIFs: Update to the withdrawal rates for federal plans.
• VW>Provincial Tax Update: NL has changed the eligible and ordinary dividend tax credit rates.
• VW>Lifestyle>Vehicles: The Luxury Tax calculation has been removed. It will be added if the legislation passes into law.
• VW>Rental Properties: A Vehicle % button has been added. It enables a deduction to be taken for vehicle expenses, when servicing rental properties. The percent is applied to operating expenses and depreciation.
• VW>Reverse Mortgage: Draws and Pay downs entries have been added to the tree view. You may enter a Principal Amount and draw on it over time, including on the Tactics>Withdrawals tab.
• VW>RRSP / RRIF/ DCP / LIF>Withdrawals: A Withdraw Annuity Payments checkbox has been added. If a life annuity is purchased, it will pay into the RRSP/ RRIF / DCP / LIF. If the checkbox is de-selected, the payments will be invested in the portfolio and withdrawals will be made from the total value. If the checkbox is selected, the annuity payments will be withdrawn when received and the panel will display withdrawals only from the portfolio.
• VW>Tactics>Taxes Tab>Optimize: For couples. rather than transferring all donation and medical expense tax credits to the other spouse or common-law partner, VisionWorks now calculates the optimum amount to transfer (similar to the transfer of pension income). For Withdrawals Optimization, there is now an Individual and Net Family Income option. The Individual option operates as before. The Net Family Income option has an empty field. For a program such as the OSDCP (Ontario Seniors Dental Care Program), you may insert the maximum qualifying net family income. A Print button has been added. 
• VW Miscellaneous Fixes: For the Tactics>Excess Cash and Withdrawals tabs, portfolios with long names now display a rollover for easier identification. (Hover over a portfolio name, with your mouse or pointer.) For a group RRSP, to the T1 Employment Income entry at line 10100 and the RRSP deduction entry at line 20800. To the $ tdy (constant dollars) output for the CPP/QPP benefit, when deferred. To the Spousal Loan>Forgive On Death calculation. In the report, to the Non-Registered Portfolio Sources and Uses Table, when the Deduct From This Account checkbox is selected for fees.
• VW/CW>EI Rates: For 2022, the Maximum Insurable Earnings (MEI) will increase to $60,300 (inflated). Contribution rates will remain the same, but this change will increase contributions by 7.1% and for QC by 8.9%.
• CW>Annual Updates:  To income taxes, CPP/QPP contribution rates, and the inflation, $CDN/U.S., and CREA real estate rates.
• CW>About Page>Capitalization Tab: Preferred and special shares now have an Edit button (…). For preferred shares that were previously issued due to an estate freeze, click the button and select the two Freeze checkboxes. For special shares, click the button and de-select the Non-Growth checkbox, if the shares act like common shares for valuation purposes.
• CW>Partnership: Under Assets>Main Bank Account a Loan From Partner button has been added. In VW and TW, the liability appears on the Import From CorpWorks>Shares/Debt tab.
• TW>Annual Updates:  To income taxes and the inflation, $CDN/U.S., and CREA real estate rates.
• TW: There have been major changes to inter vivos trusts related to distribution rules and income taxes.
• Presentation Builder>Headers/Footers Tab: A Footer Date checkbox has been added. De-select it to exclude the date in the footer of a report.

July 28, 2021

• Version 2021.4a released on July 28.
• VW>Tactics>Taxes Tab>Optimize Taxes Table: Estate output for Liquid Assets and the Residue for Distribution has been added so that you can see the effect of the tax optimization tactics on an estate.
• VW/CW/TW>Tax Shelter: A Fees field has been added to the Details panel. You may enter a negative Growth Rate.
• VW/CW/TW>Net Cash Graph: You may now right-click on the second-level bar graph (green Sources and red Uses bars) and select Uses Above Zero to display the bars side-by-side.
• VW/CW/TW Report>Investment Policy Statement Section: The Return Assumptions table now displays the weighted return over all years of the plan for all portfolios in the plan and for each portfolio.
• VW>Real Time: For an RP/REP, the Calculate Maximum Spending in Retirement button has been added to the General Expenses panel. Under Tactics, the Retirement Assessment features have been added to the Total tab. 
• VW Miscellaneous Fixes: To RESPs when two or more Family RESPs have been added to the plan. To U.S. estate taxes.
• CW>Report: For the Net Cash Flow Forecast section, there is a new Sources and Uses summary table. For the Equity Forecast, there is a new Assets and Liabilities summary table. In the Appendix, there are now the same two tables, which display output for every year of the plan.
• CW Fix: A donation of securities now adds the difference between the ACB and the donated value to the CDA account.
• TW>Report: For the Net Cash Flow Forecast section, there is a new Sources and Uses summary table. For the Net Worth Forecast, there is a new Assets and Liabilities summary table. In the Appendix, there are now the same two tables, which display output for every year of the plan.
• CW/TW>Portfolio Withdrawals: You may now select the Withdraw Returns checkboxes and entries in the Link To list.
• CW/TW>Promissory Notes: Notes owed to shareholders in VisionWorks or TrustWorks, or beneficiaries in VisionWorks, now appear as assets in VisionWorks and TrustWorks.

July 8, 2021

• Version 2021.4 released on July 8.
• Quarterly Updates: To OAS and GIS benefits, and the Fundata data.
• Annual Updates: To RDSP threshold levels, the CCB (Canada Child Benefit), and the provincial child benefit programs.
• Spousal RRIFs: When a spousal RRSP has been converted to a RRIF, there is now attribution of income to the contributing spouse for any RRIF withdrawals in excess of the minimum withdrawal for the year, based on the contributions in the year or two preceding years.
• Taxes>Optimization / Withdrawals / RRIF Meltdown: An RRSP/RRIF Meltdown feature has been added. The three tax features have been moved to the Tactics>Taxes tab.
• U.S. Estate Taxes: For 2026 and on, the unified tax credit rate has been reduced to one-half the projected credit for 2025.
• Portfolio Withdrawals: You may now select the Withdraw Returns checkboxes and entries in the Link To list.
• Non-Registered Portfolio>Withdrawals>Link To List: Family>Gift entries are now included in the list. For a future CW shareholder loan, you may now select the loan in the Link To list in order to fund the loan from the selected portfolio.
• CW>Assets>Other Assets>Private Company: A Debt entry has been added. The Shares and Debt entries enable you to model minor holdings in other companies.
• VW/CW/TW>Graph Panels with a Details Button: You may now click on a graph to create a change point ($ symbol) and drag the entry, without the Details panel opening.
• VW/CW/TW>Notes Window: In Presentation Builder, the Text Blocks/Tables/Graphs>Text Blocks>Font, Point Size, and Colour Settings are now applied to notes in the Notes window.

June 7, 2021

• Version 2021.3 released on June 7.
• VW>Federal Tax Update: For non-CCPC stock options, the maximum Security options deduction of $200,000 is now applied at line 249. For the Canada Workers Benefit, the income threshold levels have been increased substantially.
• VW>Provincial Tax Updates: NL has increased tax rates for taxable income over $135,973 and added three new tax brackets. NB has reduced its lowest tax rate from 9.68% to 9.4%.
• VW>Lifestyle>Donations>Religious: For tithing, there are now % of Total Income and % of Net Income options.
• VW>Other>Other Employment Income: There are now Discrete and Ongoing entries.
• VW>Portfolios>Management Fees: For registered plans only, the Tax-deductible checkbox has been disabled.
• Federally-Regulated LIF: On death, funds must remain locked in. If the Apply Federal Rules checkbox is selected on the DCP or LIF Terms panel, the Transfer list will display a partner’s LIF, if it exists. Otherwise, on Save a LIF on Death plan will be created.
• VW>Real Time: There are some minor visual fixes to the Tactics page.
• VW/CW/TW>Notes Window: It may now remain open when you are making or changing entries.
• VW>Miscellaneous Fixes:  Minor miscellaneous fixes.

May 13, 2021

• Version 2021.2.p.1 "patch" released on May 13.
• Quarterly Update: To the Fundata data.
• Portfolios>Additional Fees>% Option: You may select the % option, click the Edit button (…), and enter the fee percent in the table. Or, select the % option, enter a percent in the field to clear the table entries and apply the entered percent.
• Tactics>Withdrawals>Optimize for: OAS Clawback / Tax Bracket: Year From and Year To fields have been added. You may select a range of years, apply an option, and then select a different range of years to apply a different option.
• Miscellaneous Fixes:  To the B.C. tax reduction and the default interest rates for bank accounts. The Imp/Exp/Quest Import>From Web and Export>To Web labels have been changed to From MyVisionOfLife and To MyVisionOfLife.

April 26, 2021

• Version 2021.2 released on April 26.
• VW>2021 Federal Budget

Vehicle Luxury Tax: For most vehicles, a Luxury tax entry has been added to the tree view. The tax is automatically calculated as the lessor of 10% of the purchase price or the (purchase price - the threshold level) * 20%. The threshold level is $100,000, except for boats for which it is $250,000. 

OAS: Effective July 2022, if age 75 and over there will be a 10% increase in the benefit.

ALDAs: Advanced life deferred annuities have been added for RRSPs, RRIFs, DCPs, LIFs, LRIFs, and DPSPs. An ALDA may be purchased with 25% of the value of a plan to a maximum of $150,000. Payments must begin no later than age 85.

April 9, 2021

• Version 2021.1d released on April 9.
• VW>Tax Updates>Provincial Budgets: For ON, the CARE tax credit was increased by 20% for 2021 only. For QC, the dividend tax credit rate was reduced. For PE, the Basic Personal Amount was increased to $11,250. 
• VW>Right-Click Menu>Copy to Other Solution:  This feature has been added to an entire asset such as a vehicle and to the Will page>Beneficiaries/Donate/Trusts entries.
• VW>U.S. Social Security: For RRSPs/Pensions>Government/Other Plans>U.S. Social Security, a $CDN / U.S. Rate field has been added.
• CW>Tax Update>Provincial Budget: For PE, the small business rate has been reduced to 1%.
• TW>Distributions Tab>Auto Withdrawals Table: For manually entered auto withdrawals (not calculated), you may now enter a fixed or indexed dollar amount for some beneficiaries and a percentage of any remaining available funds for other beneficiaries. For example, for a family trust you may distribute specified amounts to children for their expenses and the remaining balance to their parents.

March 18, 2021

• Version 2021.1c released on March 18.
• VW> Career>Employee>Benefits>Quebec Medical Benefit: This entry has been added. The amount is not added to the T1 as Other Employment Income, but is added to QC taxes on line 101, Employment Income, and is deducted as a medical expense on line 381. 
• VW>DCP: In addition to the % of salary entries, the Terms panel now has Your Contributions and Employer Contributions options for none and $ amount.
• VW>Stock Option : The Price Per Share on Exercise Date is now calculated as the Current Price per Shares times the Appreciation rate, until the Exercise Date. For U.S. stock options, a Convert U.S. to CDN checkbox has been added.
• VW>ON Estate: For an ON client who dies intestate, the spousal preferential share has been increased from $200,000 to $350,000.
• VW Fixes: To the TFSA contributions rate for 2021 ($6,000). To the stock options deduction for QC taxes. To income taxes for employer contributions to RRSPs (was being pro-rated in the first year of a plan). To the amount of a life insurance policy’s NCPI that is deductible, if a tax-deductible bank or policy loan exists.
• CW>Taxes: For NT, the small business rate has been reduced from 4% to 2%.
• CW>Other Assets>Trust Income: A checkbox has been added that overrides the payment of Part IV tax in the event that corporations owned by a trust may be considered as connected corporations.
• CW>Tactics>Insurance: A shareholder Bank Loan option has been added. When a shareholder borrows against the CSV of an insurance policy, a benefit must be conferred on the shareholder. The options are the payment of a guarantee fee, or the treatment of the loan amount in VisionWorks as an ordinary dividend or a taxable benefit.
• CW Fixes: To Equity>Assets, when there is a Tactics>Insurance>Bank or Policy Loan. To the amount of a life insurance policy’s NCPI that is deductible. See VisionWorks.
• TW>Distributions Tab>Capital Gains Table: There is now a Total Capital Gains (the previous default) and Taxable Capital Gains option. Selecting the Taxable option allocates only the taxable portion of gains, which reduces the trust’s income taxes. The non-taxable portion is added to the trust’s capital.
• TW Fixes: To the amount of a life insurance policy’s NCPI that is deductible. See VisionWorks. 

February 3, 2021

• Version 2021.1a released on February 3.
• VW> Real Time: Further enhancements to the presentation, including larger text size. 
• VW Fixes: A fix to tax deductions for LIRSP contributions. A fix to a DBP, when commuted and converted to a LIRA. A fix to the Excess Cash feature, when multiple accounts are involved. Set the order in the list and make the first entry 100%. A fix to $U.S. portfolio values in the current (but not year-end) Net Worth Statement, when converted to $ CDN.
• CW: A release was necessary for compatibility with VisionWorks version 2021.1a.
• TW: A release was necessary for compatibility with VisionWorks version 2021.1a. 

January 21, 2021

• Version 2021.1 released on January 21.
• MyVisionOfLife.ca>Output Graphs: The Net Worth and Income Assets graphs are now available in Actual (inflated) and Today’s (constant) dollars.
• VW>Annual Updates: To income taxes, CPP/QPP benefits, the inflation, $CDN/U.S., and CREA real estate rates.
• VW>Quarterly Updates: To OAS and GIS benefits, and the Fundata data.
• VW>Tactics>Excess Cash Tab: Arrows have been added so that you can adjust the order of entries in the list. You may now spread excess cash across multiple accounts.
• VW> Real Time: There is now an Expand button for Net Worth, Income Assets, and Net Cash. As well, when you click the Over Time button for them, a stacked bar graph is displayed. The Income Assets graph now displays the Main Bank Account so that you can clearly see if and when it is negative. 
• CW>Annual Updates: To income taxes, and the inflation, $CDN/U.S., CPP/QPP, and EI rates.
• CW>Tax>Deductions/Reductions>Small Business Deduction Panel: An editable SBD Limit field has been added for the rare case when the small business deduction for associated corporations exceeds $500,000.
• CW>Insurance Calculations: On the Insurance>Life, Disability, and Critical Illness tabs, there is now an End Gross Sales and Salaries checkbox. Select it when doing an insurance needs analysis to end the Gross Income of a business and key employee salaries as of the Life Expectancy, Disabled At Age, or Critical Illness at Age. 
• TW>Annual Updates: To income taxes, and the inflation and $CDN/U.S. rates.
• VW/TW/CW Ongoing Entries: You may now control the start and end years for an ongoing entry. Click the Show Table button and select from the year list.
• VW/CW/TW: Miscellaneous minor fixes.

December 24, 2020

• Version 2020.7 released on December 24.
• VW/TW/CW Auto Withdrawals: Private company shares may be owned by a trust whose beneficiaries are in VisionWorks. In TW on the Solutions page>Distributions tab, select Auto Withdrawals and for the Calculate for Linked VisionWorks Solution select CorpWorks>TrustWorks>VisionWorks. The dividend payments required in VW are calculated and paid by CW to TW and then distributed to VW.
• VW>About Page: When adding a photo, there are Rotate buttons.
• RP/REP>General Expenses: In pre-retirement, the entry is now fixed at $0. For an RP /REP to function properly, all excess cash must automatically be spent.
• VW>RRSP: You may now transfer assets in an RRSP to a QDT (Qualifying Disability Trust - Henson Trust), if the beneficiary is a child for whom the Disability Tax Credit checkbox is selected. 
• VW>RRSPs/Pensions>Other Plans>Foreign Plans: You may add as many foreign plans as you wish.
• VW>Estate: In the life expectancy year regular lifestyle expenses are paid from funds that are available in TFSAs, RRSPs, etc. Terminal taxes, EAT, and other charges are paid by the estate, which can result in a negative residue for distribution. 
• TW: You may now create a Joint Spousal or CLP Trust for which both partners are settlors and beneficiaries. You may now transfer jointly-owned assets to a Family Trust.
• VW/CW/TW: Miscellaneous minor fixes.

December 24, 2020

• Version 2020.7 released on December 24.
• VW/TW/CW Auto Withdrawals: Private company shares may be owned by a trust whose beneficiaries are in VisionWorks. In TW on the Solutions page>Distributions tab, select Auto Withdrawals and for the Calculate for Linked VisionWorks Solution select CorpWorks>TrustWorks>VisionWorks. The dividend payments required in VW are calculated and paid by CW to TW and then distributed to VW.
• VW>About Page: When adding a photo, there are Rotate buttons.
• RP/REP>General Expenses: In pre-retirement, the entry is now fixed at $0. For an RP /REP to function properly, all excess cash must automatically be spent.
• VW>RRSP: You may now transfer assets in an RRSP to a QDT (Qualifying Disability Trust - Henson Trust), if the beneficiary is a child for whom the Disability Tax Credit checkbox is selected. 
• VW>RRSPs/Pensions>Other Plans>Foreign Plans: You may add as many foreign plans as you wish.
• VW>Estate: In the life expectancy year “regular” lifestyle expenses are paid from funds that are available in TFSAs, RRSPs, etc. Terminal taxes, EAT, and other charges are paid by the estate, which can result in a negative residue for distribution. 
• TW: You may now create a Joint Spousal or CLP Trust for which both partners are settlors and beneficiaries. You may now transfer jointly-owned assets to a Family Trust.
• VW/CW/TW: Miscellaneous minor fixes.

November 17, 2020

• Version 2020.6 released on November 17.
• VW/CW/TW>Page Help Buttons: In the lower-right corner of every page, there is now a Help button, with an explanation of how to use the features on that page.  
• VW/CW/TW>Settings Page>Capital Gains Rate Field: You now may apply a different capital gain inclusion rate in different years. This will allow you to understand the impact on a plan should the rate be increased in order to raise federal revenues.
• VW>CPP Contributions: On the CPP/QPP tab, there is a now an End Contributions date field. Use it to end contributions for clients who will continue to work after age 65. 
• VW>Related Party Loan: A button has been added under Credit Line/ Personal Loan. Similar to a spousal loan, use it when a portfolio loan has been made to plan parties such as children.
• VW>International Tax Rates: The Tax>Other>International entry panel now has a From Year and an Until Year field.
• CW>Dividends Tab>Auto Withdrawals Table: There is now a Key Employee Salary option 
• VW/CW/TW: Miscellaneous minor fixes.

October 19, 2020

• Version 2020.5b released on October 19.
• Presentation Builder: On the PowerPoint / Word tab, the Based on Report> Custom Client Tables section has new tags.   
• VW>Minor Children: Withdrawals and Excess Cash tabs have been added to the Tactics tab.
• Family RESP: You may now create a Family RESP on a Principal Party's tab (usually the parents) or a child's / grandchild's tab. 
• TW: There has been a major change to Schedule 9 that affects the Distribution tables, but only if there are large deductible expenses on the T3 at line 41.
• VW/CW/TW: For greater clarity, the Primary Account (PA) has been re-labelled Main Account. In the tree view, it will be displayed as Main Bank Account or Main Bank / Investment Account.
• VW/CW/TW: Miscellaneous minor fixes.

September 25, 2020

• Version 2020.5a released on September 25.
• PDF Questionnaires: There is a significant improvement in the Submit function. Clients may enter your email address. The fdf file is automatically sent to you.   
• VW/CW/TW>Land Transfer Tax: This feature has been added to the Buy/Sell panel for rental properties and business buildings. If a building is bought in the future, the tax is added to the UCC. The tax may be applied when buildings are transferred from VW to CW for example.
• VW/CW/TW>Importing from CW and TW: When copying a solution, a new message appears. Share ownership and trust interests are automatically copied. You are advised to delete previous links, if there have been changes in the capital structure, shareholders, and/or their share ownerships in a linked CW file, or in the beneficiaries and/or their interests in a linked TW file. 
• VW>RRSP Contributions Claimed: A fix has been made for previous undeducted contributions.
• CW>Partnerships: A Partnership tab is now displayed on the Solutions page. Income may be retained by the partnership. For tax purposes, all income is assumed to be paid to each partner according to his / her / its partnership interest.
• VW/CW/TW: Miscellaneous minor fixes.

September 10, 2020

• Version 2020.5 released on September 10.
• MyVisionOfLife.ca: The site is now linked to the VisionWorks calculation engine. Clients can make changes to Home, Lifestyle, Family, or Career entries and see the impact on their Net Worth and Income Assets forecasts.   
• VW/CW/TW>Portfolios: The $CDN/U.S. Rate field and Conv. U.S. to CDN checkbox are now linked to the Settings page> General Assumptions> CDN/U.S. Exchange Rate field.
• VW/CW/TW>Income Taxes>Accrued: The Capital gains field now has an Edit button (...). Click it to enter capital gains realized and received in prior years that have been carried forward. 
• VW/CW/TW>Tactics Tab>Insurance Sub-Tab: You can now copy Annual Net Cash Flow output and insert it into the Borrowed or Redeem column in the bank/policy loan or CSV redemption table.
• VW>Income Taxes: All income tax buttons are now enabled for all parties, including minors.
• VW>DBP>Federal Government Pension: This field has been added to the DBP>Successor / Beneficiaries panel.
• VW>Tactics Tab>Excess Cash Sub-Tab: A partner’s TFSA and Non-Reg. portfolio are now displayed.
• CW/TW>About Page>General Tab: A Financial Planners table has been added.
• TW>About Page>Settlors Tab: A settlor may now be a beneficiary of a trust, providing that there are two or more beneficiaries.
• TW>Life Insurance: If the beneficiary of a policy is a linked party in VisionWorks, the benefit is now imported into VisionWorks.
• VW/CW/TW: Miscellaneous minor fixes.

July 17, 2020

• Version 2020.4b released on July 17.
• VW/CW/TW>Liability Terms: There is now a Defer tab. Mortgage, loan, line of credit, and credit card payments may be deferred, generally for up to six months. Deferred interest is added to the outstanding principal amount of the liability.   
• VW>LIF Terms: The Previous Year Growth field is now available for residents of BC, AB, MB, ON, and NF. The maximum annual withdrawal for these provinces is the greater of the CANSIM rate percentage factors or the previous year's investment return.
• VW>LIRA Terms: There is now a PRIF option for SK and MB. For SK, a LIRA must be converted to a PRIF. 
• TW>IPPs: The CorpWorks Exchange dialog box now has a Benefit Plans tab. When a trust owns shares in a corporation that has an IPP, you can include the value of the IPP in the trust's Net Worth.
• VW/CW/TW: Miscellaneous minor fixes. 

July 2, 2020

• Version 2020.4a released on July 2.
• VW>Quarterly Update: To mutual fund and ETF data. The OAS and GIS benefits are unchanged for the July to Sept. quarter.   
• VW>Annual Update: To the Canada Child Benefit (CCB) rates and the RDSP Net Family Income levels.
• VW>PE Taxes: Effective Jan. 1, 2021 the Basic Personal Amount will increase to $10,500. The low-income tax threshold will increase to $19,000. 
• VW>Planning Fee: On the Joint tab under Portfolio/Accounts> Primary Account, a Planning Fee button has been added.
• CW>AB Taxes: Effective immediately, the small business rate has been reduced from 10% to 8%. 
• CW>PE Taxes: Effective Jan. 1, 2021, the small business rate will be reduced from 3% to 2%.
• VW/CW/TW>Income>Business, Professional, etc:  For Fixed and Variable expenses, Details buttons have been added. Click a button and complete the entries table. A column displays the line number on form T2025, T2042, or T2121 for VW and TW, and on Schedule 125 for CW.
• Portfolio Builder>VSSR File: A FPCanada.vssr file (portfolio return assumptions) is available for the Asset Allocation portfolios. See the Documents>Vision Systems>Portfolios folder. On the Asset Allocation tab, use the Return Assumptions sub-tab and Load From File button.
• VW/CW/TW:  Miscellaneous fixes.

June 18, 2020

• Version 2020.4 released on June 18.
• VW>Buy/Sell Panel: For the Sell/Give/Donate/Transfer tab, you may now transfer assets to a corporation. The transfer may be at the asset’s ACB or FMV (all capital gains are realized in VW).   
• VW>BC Property Taxes: For the Property Tax Deferral option, interest on taxes now may be added to the principal payment or paid annually. For existing files, you may wish to de-select the Pay Interest checkbox in the Property Tax Deferral dialog box.
• VW>Tax>Other>Accrued: A Career Income field has been added that enables you to more accurately portray the impact of COVID-19 for those clients whose income has suffered. 
• VW>Planning Fee: Under Portfolio/Accounts>Primary Account, a Planning Fee button has been added.
• VW>Registered Plans (TFSAs, RRSPs, etc.)>Beneficiaries: The Charity checkbox has been replaced with a Charity entry in the Beneficiaries/Successor Annuitants table. 
• CW>Tactics Tab>Wind Up Sub-Tab: A wind up feature has been added.
• CW>Report: For Cash Uses, an Adjusted Aggregate Investment Income table has been added.
• CW>Miscellaneous Fixes:  To the redemption of preferred shares and the Capital Dividend Account.
• TW>Sell/Donate/Transfer Panel: You may now transfer assets to corporations and individuals.
• TW>Promissory Notes: You may now enter existing promissory notes. For instructions, see Distributions> Help.
• VW/CW/TW>Draft Internal Use Watermark: A Draft Internal Use watermark option has been added to the To Do/Reports>Report tab>Report Options dialog box.
• Portfolio Builder>VSSR File: A FPCanada.vssr file (return assumptions) file is now available for the Asset Allocation portfolios. Use the Return Assumptions tab and Load From File button. 

April 24, 2020

• Version 2020.3b released on April 24.
• VW>International Tax Rates: For Tax>Other an International button has been added. Select the Do Not Apply Income Taxes option or Apply International Taxes option. It allows you to enter and apply federal and state / provincial tax rates for a jurisdiction other than Canada.  
• CW>About>Capitalization Tab>Debt Table: A Capitalize Interest checkbox has been added. Interest on shareholder debt may be paid annually, accrued, or capitalized (added to the outstanding loan value each year).
• CW / TW>Auto Withdrawals: You may now auto withdraw from a CW or TW plan from the retirement year on, when the plan is linked to a RP (retirement plan) or REP (retirement and estate plan).

April 3, 2020

• Version 2020.3a released on April 3.
• VW>RRIF Minimum Withdrawal Rate: For 2020 only, the rate has been reduced by 25%. For example, for a client age 71, the rate has been reduced from 5.28% to 3.96%.  
• VW>SK Taxes: For 2021 and on, income tax brackets and some credits will be indexed.
• VW>Joint Non-Registered Portfolio: For greater clarity the Current Ownership entry in the tree view has been re-labelled Current Ownership (financial interest).
• VW>Tactics>Excess Cash Tab: Any excess cash that is not otherwise allocated is now deposited into the last Non-Registered Portfolio in the list, even if its % is 0%.
• CW>Share Redemptions: A redemption may now be treated as a CDA, eligible, or ordinary dividend. In the Redeem Shares dialog box, you must select the Treat Dividend As checkbox.
• CW>Freezing the CDA Account Using a Shareholder Loan: You may now crystallize CDA dividends, due to the potential of future capital losses. On the Dividends tab, enter the CDA dividend and select the Shareholder Loan checkbox. 
• VW/CW/TW Portfolios>Basic Tab: A Statement Date field has been added. Portfolio returns are pro-rated in the first year of the plan, based on the date entered.

March 13, 2020

• Version 2020.3 released on March 13.
• VW>Joint Primary Account (PA): For couples, the Settings page now has a Primary Account: Joint option that is pre-selected by default. A Non-Reg. Portfolio (Joint) is automatically created on the Joint tab under Portfolio/Accounts. 
• VW>Estate Administration Taxes (EAT): On the Will page, some Beneficiaries/Donate/Trusts panels now have a Location list. Select the location of an asset so that EAT (probate fees) are correctly calculated.
• VW and TW>BC Taxes: A rate of 20.5% has been added for taxable income over $220,000. For TW, the new rate applies to Graduated Rate Estates.
• CW>Taxes: For NS, the general and small business rates have been reduced to 14% and 2.5%. For YT, the small business rate will be reduced to 0% as of Jan. 1, 2021.

February 9, 2020

• Version 2020.2 released on February 9.
• VVW>Presentations Mode>Real Time: Presentations Mode (PowerPoint, Word, and Real Time) now has a completely revised Real Time feature. It is intended to help you create Life Plans interactively with clients. 
• VW>Taxes: Fixes to the calculations for disabled dependants and spousal transfer amounts.
• VW/CW/TW: Custom Word and Excel “Tags”: In addition to custom Word tags that populate Words docs, we are now offering custom Excel spreadsheets. As the tags are customized for specific users, this is a fee-based service.

February 7, 2020

• Version 2020.1a released on February 7.
• Portfolios>Detailed Tab>Equities: You may now enter dividends as a percent or dollar amount. 
• CW>New PDF Questionnaire:  The Financial Information and Taxes section has been revised due to the changes to the T2 and schedules. Completing this section enables you to import key data and ensures that CW is correctly populated.
• VW>Miscellaneous Fixes: To the calculations for the BPA (Basic Personal Amount) and line 30425 non-refundable tax credit (caregiver amount). To the interest calculation in the first year of a reverse mortgage.
• CW>Miscellaneous Fixes: To the Schedule 3, Part 1, lines 240 and 242 calculations, which affected the T2, line 712, Part IV tax payable calculation. To insurance policy loans and CSV redemptions, when a policy's ACB is $0. They were taxed as active business income, rather than passive income.

January 29, 2020

• Version 2020.1 released on January 29.
• VW/CW/TW>Annual Updates: To income taxes (in VW, including the new Basic Personal Amount), pension rules, and CPP/QPP, EI, inflation, $CDN/U.S., and CREA real estate rates. Note: AB has paused the indexation of the personal income tax system. 
• Portfolio Builder:  Annual update to investment returns, and quarterly update to mutual fund and ETF data.
• VW>GIS and OAS: Quarterly update to benefits.
• VW>QC<Family Allowance: QCAP (Child Assistance Payment) is now the Family Allowance program (a large increase to benefits).
• VW>Non-Registered Portfolio Withdrawals List: It now includes life insurance policy premiums.
• VW>MB Estate Administration Taxes: Eliminated.
• VW/CW>IPPs: Upgrades to the Immediate or Deferred Pension> Benefit feature in CorpWorks and consequently in VW a new Will> RRSPs/Pensions> IPP> Beneficiaries entry.
• CW>Part IV Taxes: There is an enhancement to the Tactics tab> SBD> Part IV Tax sub-tab. Click Help for an explanation.
• TW>Trustee Fees: These may now be entered as a dollar or percent amount.

December 13, 2019

• Version 2019.5d released on December 13.
• VW/CW/TW>Copy to Other Solution: In the tree view, select the entry you wish to copy and right-click on it, or on the menu bar click Entry. Copy to Other Solution opens a list of Solutions. Select the checkboxes for those Solutions to which you wish to copy a new entry or changes to an existing entry. 
• VW/CW/TW:  Quarterly update to mutual fund and ETF data.
• VW>Employee Share Purchase Plan: An employee Dollar Limit field has been added. Use it to enter dollar, rather than % of salary contributions.
• CW>Tactics<Capital Changes Tab>Issue or Redeem/Retract Shares dialog box> Crystallize Option: This is a "by election" option (no share sale required) that enables you to crystallize the LCGE for the selected shares.
• TW>Life Interest Trusts: For spousal, joint partner, and alter ego trusts, on the About page>General tab there is a new Trust Pays Taxes on Division Date option. Select it so that income taxes are paid by the trust before distributions are made to residue beneficiaries.
• TW>Private Company Shares>Sell Table>Action List: A Transfer to Individual/Corporation feature has been added.

November 1, 2019

• Version 2019.5c released on November 1.
• VisionWorks Fix: On the Solutions page>Insurance tab, calculations were causing VisionWorks to "hang" due to a hidden "Please wait" message. 
• CorpWorks and TrustWorks: These releases were necessary for compatibility with VisionWorks version 2019.5c.

October 31, 2019

• Version 2019.5b released on October 31.
• Portfolio Allocator: For income tax efficiency, Portfolio Allocator assists you in determining the weightings of asset classes for each type of portfolio. Version 2019.2 enables you to include portfolios in corporations and trusts. 
• Porfolios>100% Secured Loans and Lines of Credit: If secured by a portfolio, VisionWorks now adjusts tax-deductible interest due to drawdowns because of personal consumption.
• TFSAs: They may now own investments in private company shares and debt.
• Report>Investment Policy Statement Section: Consistent with Portfolio Allocator, the report now has sub-section options for Total All Portfolios (VW, CW, and TW), CW Portfolios, and TW Portfolios.
• VW, CW, TW: Miscellaneous minor fixes.
• Word Add-In: It has a new spacing Before and After feature.

October 3, 2019

• Version 2019.5a released on October 3.
• Presentation Builder % Option: For VW Type>Table / Graph and Based on Report>Estate Value a % option has been added. 
• RA / REA Plans: The Report>Vision>Goals table now includes all home, lifestyle, and family expenses. Exceptions are irregular capital expenditures such as for vehicles and art, antiques, etc., plus education expenses for children. That is, the table now includes all year-in-and-year-out expenses.
• Capital Gains Liability Table: The report now has a table that displays the capital gains liability by asset and by year. See the Reducing Income Taxes> Capital Gains Liability sub-section. To calculate the liability, VisionWorks calculates and applies the marginal tax rate each year of the plan on an "if sold" basis.
• CorpWorks>Assets>Other Assets>Priv. Co. Shares: This new entry enables you to add minor share ownership entries in other private company shares.
•  VW, CW, TW: Miscellaneous minor fixes.

September 5, 2019

• Version 2019.5 released on September 5.
• Presentations: Re-located to the Menu Bar, select it to run a PowerPoint presentation, work interactively in "Real Time" mode, or use the new Word document feature. 
• Word Documents: Presentations now has a Word tab. There is an add-in that enables you to easily brand documents.
• PowerPoint Presentations: Enhanced "2019" versions have been added. There is now an add-in that enables you to easily brand presentations.
• Presentation Builder: The PowerPoint tab has been re-labelled PowerPoint/Word. They use the same "tags." For Report Types, many new reports have been added.
• Interface Style: Now on the Menu Bar, select it to switch between the Financial and Life Planning interfaces.
• VW: The AB non-eligible dividend tax credit rate has been updated. For the portfolio management fees $ option, fees are no longer charged if a portfolio's value is $100 or less. For a student loan, you can now enter a loan date different from the initial payment date.
•  VW, CW, TW: Miscellaneous minor fixes.

July 31, 2019

• Version 2019.4b released on July 31.
• VW / CW / TW: Miscellaneous minor fixes.

July 23, 2019

• Version 2019.4a released on July 23.
• New "Modern" Interface: Advisors who use multiple monitors and / or have their Display settings set to greater than 100% were experiencing display issues. These have been fixed. 
• VW>Tactics Tab>Withdrawals Sub-Tab: RRSPs are listed in both the Pre- and Post-Retirement tables. If an RRSP is selected in one or both tables, the RRSP Withdrawals and RRIF/LIF/LRIF Withdrawals auto withdrawals functions are now separate.

July 10, 2019

• Version 2019.4 released on July 10.
• New "Modern" Interface: The layout of VW, CW, and TW remain unchanged. Controls such as the Save button have been updated to a more modern look.
• Menu Bar>Options>Size: For VW, CW, and TW size options have been added for 137.5% and 150%.
• Menu Bar>Colour Scheme: For VW, CW, and TW you can select from five main colour schemes. You can change the colour of the Navigation pane and icon background to match corporate colours.
• Updates: To OAS and GIS rates, the Fundata fund and ETF data, the FP Canada portfolios in Portfolio Builder on the Basic tab, and the default inflation assumption (to 2.1%).
• VW, CW, TW>Vehicles: A small change in the tree view to provide greater control for the Include / Exclude feature.
• VW, CW, and TW>Portfolio Management Fees: For transparency there is now a Management Fees category (Net Cash>Uses> Management Fees).
• Presentation Builder>Text Blocks / Tables/Graphs Tab: Under Text Blocks you now can set the "body" text colour.
• VW and CW>NU and PE Taxes: Updated due to recent budgets.
• VW>OAS and CPP/QPP Start Ages: You may set the Start Age to any date. For OAS, the earliest age is the client’s age of 65 plus one month. For CPP/QPP it is age 60 plus one month.
• VW>Show Output Until Year: This field has been added to the About page for Principal Parties and Solutions page>Solutions tab so that you can hide final year output (“estate noise”).
• VW>Tactics Tab>Taxes Sub-Tab: CPP/QPP sharing is now based on the number of months spouses or common-law partners lived together during their joint contributory period. Make sure that you complete the From field on the About page.
• VW> Solutions Page>Insurance Tab: Now, when you select the Insurance tab, you must select a sub-tab such as Disability for its data to load. That is, the Life data does not automatically load.
• VW>Trust Capital Interests: The value is included in Net Worth and Income Assets output, and in the sub-sections of the report.
• CW: For a Life, DI, or CI calculation in CW, you can now select the Dividends tab and do an Auto Withdrawals calculation. Select the Life, DI, or CI solution in VW and do the auto withdrawals calculation. On import into VW, the dividends are imported into the Life, DI, or CI insurance sub-solution.
• CW and TW: For those years when auto withdrawals are applied, the rows in the Dividends tables are disabled (displayed in grey).

May 7, 2019

• Version 2019.3 released on May 7.
• VW: Taxes: For NB, ON, MB, and SK, the Climate Action Incentive refundable tax credit has been added. For ON, the CARE (Childcare Access and Relief from Expenses) refundable tax credit has been added.
• VW: CPP/QPP: The benefit calculations have been updated, based on the new rules.
• VW: CCB: Update to the CCB benefit and net family income levels.
• VW: ON Estate Administration Taxes (Probate Fees): The 0.5% rate no longer applies to estates worth $50,000 or less.
• VW: Tactics Tab>Withdrawals Sub-Tab: The OAS Clawback and Tax Bracket features have been combined into a single table.
• CW/ Provincial Budgets: ON and NB will not apply the federal passive income rules. Minor changes to NB and PE taxes, plus NS added a Venture Capital tax credit.
• VW/CW/TW: Mutual Funds/ETF Update: The CIFSC categories now include five Alternative Strategy categories in a new Alternative Strategies group.

March 20, 2019

• Version 2019.2 released on March 20.
• My Vision of Life (MVOL): Notes and Changes were added.
• March 19, 2019 Budget: The RRSP>HBP maximum loan has been increased from $25,000 to $35,000.
• VW / CW: Settings Page>Gov’t Benefits Rate: This new field allows you to set an indexation rate for governments benefits such as CPP / QPP that is different from the general inflation assumption.
• VW: TFSAs>ESPPs: You may now model an ESPP (employee profit sharing plan) in a TFSA.
• VW: RRSP / RRIF>Transfer to a RDSP: For a RRSP / RRIF and a contingent beneficiary who is disabled, the Transfer option is now enabled. You may transfer the RRSP / RRIF to the beneficiary’s RDSP.
• VW / CW/ TW: Life Insurance Policies>CSV Panel: A Previous Year-End CSV field has been added. For an existing policy, it populates the current Net Worth or Equity statement in the report.
• VW / CW / TW: Quarterly Update: To mutual fund data.

January 17, 2019

• Version 2019.1 released on January 17.
• VisionWorks: Annual updates to federal / provincial income taxes (including the ON LIFT credit), pension rules, RDSP income levels, the YMPE for CPP / QPP, and inflation, $CDN / U.S., and real estate rates. Quarterly updates to OAS and GIS benefits, and mutual fund data.
• CorpWorks:  Annual updates to CPP contributions, EI premiums, and inflation, $CDN / U.S., and real estate rates. Income taxes are not updated. As of the release date, 2019 tax forms are not yet available.
• TrustWorks: Annual updates to federal / provincial income taxes, and inflation, $CDN / U.S., and real estate rates.
• Portfolio Builder: Annual update to historical investment returns.

December 11, 2018

• Version 2018.5f released on December 11.
• Enhanced Generation Planning: Previously, you could enter one action for an asset: Keep, Sell, Give, Donate, or Transfer to Trust. You can now enter multiple actions for an asset. For example, you can model Bill Sr. giving his cottage to Bill, who in turn sells it, transfers it to Bill Jr. by way of his Will, or gives it to Bill Jr. At each step, VisionWorks calculates the income tax implications, re-sets the ACB of the asset, etc.
• Presentation Builder>Total Map:  You can now create a tag for a Total Map (includes the family tree, and CW and TW maps). On the PowerPoint® tab, use the Tree / Map>Total Map option.
• CorpWorks: Miscellaneous fixes such as to the taxation of interest paid on corporate debt and the income received on the redemption of shares.

November 14, 2018

• The all-new "for clients" My Vision of Life Web site will be released soon!
• Version 2018.5e released on November 14.
• VisionWorks: Fixes to Monte Carlo simulations. Also, when running PowerPoint presentations a fix to the VW family tree and CW / TW maps, due to Windows meta file issues.
• CorpWorks: Miscellaneous fixes such as to the Tactics tab> Withdrawals sub-tab function.
• TrustWorks: When a portfolio in VW is transferred to a trust in TW, any related management fee entries itemized in VW are now also transferred. Miscellaneous fixes such as to the Tactics tab> Withdrawals sub-tab function.

November 1, 2018

• Version 2018.5d released on November 1.
• Quarterly Update: To OAS and GIS rates, and the Fundata data in Portfolio Builder.
• Total Map: For a VW file that is linked to a CW and / or TW file, there is now a Total Map on the About page and in the report.
• Primary Account: To more accurately simulate a ManulifeOne type of account, you can now enter a negative balance in the Primary Account and apply an interest charge.
• Monte Carlo Simulations: These have been optimized for speed.

October 10, 2018

• Version 2018.5c released on October 10.
• VW>Spend All Excess Cash: Selecting the checkbox overrides the selections on the Tactics>Excess Cash tab, except for cash that is available due to asset sales.
• VW>Non-Reg. Portfolio Withdrawals: You may now withdraw portfolio returns such as interest and dividends using a portfolio's Withdrawals panel and use the Tactics>Withdrawals tab to make up any income shortfall.
• VW>Tactics>Taxes Tab: The Split Pension Income Amount calculation now considers the effect on any OAS clawback.
• CW>Capitalization Tab: For preferred shares previously issued due to an estate freeze, you now can create a preferred shares entry in the Shares table.
• TW>About Page>Settlors Tab: For the Loans From Settlor table, a Prepayments button enables the pre-payment of settlor loans.
• Values / Attitudes PDF Questionnaires: A fix to the Name field, when the Freeze Form button is clicked.

September 7, 2018

• Version 2018.5b released on September 7.
• VW, CW, TW>Power BI Integration: From Microsoft, Power BI is a data analysis and reporting tool. When printing a spreadsheet, select the new For Power BI option to create a "flat" xlsx file.
• Tactics>Withdrawals Tab>Post-Retirement Table: For greater control, a From Age has been added for non-registered portfolios and banking accounts.
• VisionWorks>Tree View Markers: Buy/Sell/Give/Donate entries in the tree view that have not been quantified are now marked with a solid blue circle.
• Fixes: To the Financial Planning PDF questionnaire. On the Financial Attitudes page to the Print Exercise and File>Print feature. To Estate output, when a Joint non-registered portfolio is used.

August 2, 2018

• Version 2018.5 released on August 2.
• Updates: To OAS / GIS rates, annual CCB amounts, and mutual fund data.
• Prescribed Annuities: For VW and CW, there are now Principal and Interest Payments fields.
• VisionWorks: The Lifestyle>Donations>Other button now allows you to make ongoing and discrete donations. For BC and SK, an update to the donation tax credit rates. For SK, an update to the ordinary dividend tax credit rate for 2019 and on.
• CorpWorks>Estate Freeze: The Tactics>Capital Changes sub-tab>Issue or Redeem / Retract Shares dialog box now has an Issued Previously Due to Estate Freeze option that enables you to model shares issued in the past due to an estate freeze.
• VW, CW, TW: Miscellaneous fixes.

May 11, 2018

• Version 2018.4a released on May 11.
• Portfolio Builder: An update to the return assumptions for the FPSC model portfolios.
• Mutual Fund Data: An update due to the change in the CIFSC categories.
• French Version: An update to the formatting of number, percent, and date fields in printed reports.
• VW, CW, TW: Miscellaneous fixes.

April 27, 2018

• Version 2018.4 released on April 27.
• VisionWorks and CorpWorks Tax Update: For the recent PE budget.
• New CIFSC Categories: The Canadian Investment Funds Standards Committee has announced the addition of three new categories: CDN Corporate F.I., Global Corporate F.I., and Emerging Markets F.I.
• Solutions>Tactics Tab>Taxes Sub-Tab: For the Optimize calculation, a Total Plan Difference field has been added to the Optimize Tax Credits / Pension Splitting dialog box. Some tax tactics may have a positiove tax impact, but the effect on Income Assets in the final year of the plan may be different. You may apply or cancel the calculation, as desired.
• CorpWorks: For taxes, an Other>Accrued button has been added that enables you to enter income such as capital gains and donations that occurred earlier in the tax year. There has been a major change in the first year calculation of ERDTOH and NRDTOH.
• TrustWorks: For taxes, an Other>Accrued button has been added that is similar to CorpWorks.

April 3, 2018

• Version 2018.3 released on April 3.
• Provincial Budgets: For the recent AB, NS, NF, and YK budgets, there were no changes that apply to VisionWorks, CorpWorks, and TrustsWorks.
• VisionWorks Tax Update: For ON, the budget proposes to increase the number of income tax brackets from five to seven and eliminate the surtax. For QC, the budget proposes to increase the childcare expenses tax credit and lower the dividend tax credit rate. 
• CorpWorks Tax Update: For ON, the budget proposes to apply the passive investment income rules as per the federal budget. For QC, the small business tax rate will be reduced through 2021.
• TrustWorks Tax Update: For ON, the seven income tax brackets have been applied to GREs.

 March 27, 2018 

• Version 2018.2 released on March 27.
• CorpWorks: The new passive investment income and RDTOH rules have been modelled. Because the new T2 and schedules are not available, the new rules have been modelled as follows. To calculate passive investment income in order to adjust the T2, line 425, besides Schedules 6 and 7 there are “adjusted” Schedules 6A and 7A. Adjustments have also been made to Schedule 3 and the T2 to calculate the new NRDTOH and ERDTOH amounts. 
• VisionWorks: An update to taxes due to the recent federal budget, including the new Canada Workers Benefit for 2019 and on. For BC, an update to the land transfer tax. For MB, an update to the Basic Personal Amount tax credit for 2019 and on. You may now control the colours on the Estate tab for different types of trusts. The federal and provincial non-refundable disability tax credits are now applied when calculating a disability insurance need.
• Mutual Fund Data: Quarterly update.

January 18, 2018

• Version 2018.1a: Includes a tax fix to correct the application of federal minimum tax in all cases.
• Version 2018.1 released on January 18.
• Annual Updates: To taxes, pension rules, CPP/QPP (VisionWorks, CorpWorks, and TrustWorks). To the inflation, $CDN/U.S., CREA real estate growth rates, and asset class return assumptions.
• Quarterly Updates: To OAS and GIS benefits, and mutual fund data.
• Seg. Fund Portfolios: A Beneficiary/Donate/Trusts entry has been added to the tree view.
• SMAs: In Portfolio Builder, the SMAs Asset Classes dialog box now has a Type list for Cash, Fixed Income, and Equity.

November 29, 2017

• Version 2017.8 released on November 29.
• Taxes: The gross-up rate for non-eligible dividends has been reduced to 16% for 2018 and 15% for 2019 (and thereafter). (See CorpWorks.)
• Taxes>Corporate Dividends>TOSI Rules: To comply with "income sprinkling" rules, on the Tactics tab> Taxes sub-tab select the Apply TOSI checkbox. For children, you can select the Apply TOSI to Age 24 and Apply TOSI After Age 24 checkboxes. (TOSI is tax on split income.)
• CPP / QPP: This release includes the new contribution rates and benefits that take effect in 2019.
• TFSAs>GMWBs: You can now model GMWBs in TFSAs.
• CorpWorks: The reduction in the small business tax rate to 10% in 2018 and 9% in 2019 has been included. Also, you can now change a corporation's year end. All entries adjust. The GIFI 100 and 125 have been enhanced. 
• TrustWorks: The gross-up rate for non-eligible dividends has been reduced to 16% for 2018 and 15% for 2019 (and thereafter). Joint spousal and common-law partner trusts may be modelled.

November 8, 2017

• Version 2017.7 released on November 8.
• OAS Clawback and Tax Bracket Optimization: You may now apply these features AND split pension income.
• Estate Tab: Details buttons have been added next to fields such as the Assets Named in Will field.
• Reports>Importing a Spreadsheet: You may now add a Custom Section to a report and import a xls or xlsx file.
• Reports: Income Assets and the Net Worth Forecast now have stacked area graphs.
• Quarterly Updates: To OAS / GIS and mutual fund data. 
• Presentation Builder: Enhancements to Headers/Footers. For PowerPoint tags, there is a new Graphics option.
• TrustWorks: A Forgive on Death checkbox has been added to the Loan to Beneficiary entry. For Auto Withdrawals, manual entries may now be indexed.

September 21, 2017

• Version 2017.6a released on September 21.
• Tax Bracket Optimization: On the Tactics tab>Withdrawals sub-tab, in addition to the OAS Clawback feature there is now a Tax Bracket optimization feature. To meet cash needs, select the Tax Bracket checkbox to withdraw funds from taxable sources such as a RRIF up to the first to fourth taxable income bracket. Funds are then withdrawn from the next non-taxable source in the list such as a TFSA.

September 6, 2017

• Version 2017.6 released on September 6.
• Private Feature: Besides party names, user-entered text and account numbers are now masked.
• Capital Gains Rates: For a Basic portfolio only, you can now vary capital gains rates over time.
• Exclude OAS: A checkbox has been added to the OAS, CPP/QPP panel in the tree view and on the Retirement tab.
• OAS Clawback Optimization: A checkbox has been added on the Tactics tab> Withdrawals sub-tab. To meet cash needs, funds are withdrawn from taxable sources only up to the OAS clawback theshold, then funds are withdrawn from non-taxable sources such as a TFSA.
• Personal Services Business: In CorpWorks, a checkbox has been added to the About page. 
• Professional Business: A Do Not Include for SBD Purposes checkbox has been added to the Gross Sales panel for a professional business such as a dental practice.
• Dividends>Clear RDTOH: Eligible and Ordinary Dividends tables have a Clear RDTOH selection in the Entry Type list.

July 14, 2017

• Version 2017.5c released on July 14.
• Versions: A new Versions feature protects against overwriting the wrong file on a Restore.
• Quarterly Update: To OAS and GIS rates, and the Fundata data in Portfolio Builder.
• Manual RRIF, LIF, and LRIF Withdrawals: The Indexed By feature has been added so that you can index withdrawals.
• Life Insurance Policies: There is now an ACB entry for Other Term, and all UL and Whole Life policies. A policy loan or CSV redemption is taxable income once a policy's ACB is $0.
• Report>Appendix>Portfolio Holdings Tables: These new report tables display specific holdings such as mutual funds and ETFS, and their percentage weightings in a portfolio. 
• CorpWorks>Dividends>Auto Withdrawals: This feature is now available for other parties such as children.
• TrustWorks>Distributions Tab>QSB Table: Capital gains arising from the sale of QSB shares are now separately tracked so that the LCGE may be applied in VisionWorks.
• Portfolio Builder>Print Button: You can now print the specifications of a selected portfolio.

June 23, 2017

• Version 2017.5b released on June 23.
• Joint Non-Registered Portfolios: You may now contribute excess cash to and make withdrawals from joint portfolios.
• NEW Portfolio Allocator Program:  Check your desktop for the "P" icon. Risk tolerance assessments and the resulting asset allocation weightings are intended to be applied on an overall basis to all of a client's portfolios. Portfolio Allocator assists in determining the relative weighting of asset classes for each type of portfolio such as non-registered and RRSPs. 
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June 15, 2017

• Version 2017.5 / 5a released on June 15.
• Private Feature: When sending a file to Vision Systems for support, there is now a Private feature. Alphanumeric code replaces party, corporation, and trust names.
• Excess Cash: For greater control of excess cash, liabilities and portfolios are now displayed on the Excess Cash tab.
• Presentation Builder>PPT Tab: For the Based on Report option, there is now an Investment Policy Statement section. You can add IPS output to a PPT presentation.
• Shareholder Loans in CorpWorks: The repayment of loans to a corporation has been added to the Auto Withdrawals feature.
• PDF Questionnaires: They are now available for CorpWorks and TrustWorks.

May 24, 2017

• Patch: Estate Map values, and for LIF / RRIF withdrawals a fix if the Base on Spouse checkbox is selected. Contact us for a link.

May 2017

• Version 2017.4 released on May 19.
• French language version: A file is fully convertible (except for user-entered text). You can open a file in English and the same file in French. French applies to all client-facing elements such as icon labels, on-screen output, and reports. The PDF questionnaires are available in French.
• Tax Updates: Due to recent provincial budgets, updates to VisionWorks for MB, ON, NS, and PE, CorpWorks for AB, SK, MB, NS, and YT, and TrustWorks for graduated rate estates (same as in VisionWorks).

April 2017

• Version 2017.3 released on April 13.
• For ease-of-use, the Auto Withdrawals Pre-Retirement and Post-Retirement tables are now located on the Tactics tab> Withdrawals sub-tab.
• For a disabled child for whom you have created an RDSP, the Tactics tab> Withdrawals sub-tab has been enabled and also has the Auto Withdrawals feature.
• For spreadsheet output, you can now click on the Lifestyle> General Expenses entry to see detailed output. The same functionality is available for home and vehicle expenses.

March 2017

• Version 2017.2 released on March 14.
• Parents (seniors) who are added to a plan now have full modelling capabilities such as assets and retirement plans.
• NEW multi-generation estate planning. The Estate tab now displays output for three generations.
• For non-registered portfolios, the Withdrawals>Link To list now permits multiple entries.
• On an asset’s Ownership panel, the owners of assets may be changed over time.
• For CorpWorks, a Previous Year’s Dividends panel is now displayed when a corporation’s year end is before the current month in the current calendar year.
• Revisions to the Dividends tab and calculations.

January 2017

• Version 2017.1 released on January 30.
• Annual tax update, plus OAS /GIS and CPP/QPP rates.
• For multi-generation planning, farm and fishing property may be given to a relative or transferred to a corporation.
• The tax optimization calculation now displays any change in the OAS clawback.
• For increased retirement-planning flexibility, the age when withdrawals from RRIFs/LIFs/LRIFs begin is now separate from the auto withdrawals begin at age.

December 2016

• Version 2016.7 released on December 22.
• A new "3 Cs" report style: All planning is based on converting, creating, and conserving wealth. The new style organizes report output based on this theme and is very client-friendly.
• RA and REA reports have been substantially enhanced.
• Report section templates, text templates, and other report options have been re-organized for greater ease-of-use.
• Tax tactics for tax credits, and splitting CPP/QPP benefits and pension income have been re-organized. A new Optimize feature calculates the transfer and split that will result in the maximum income tax savings.
• "Automated" report output includes tax and other planning tactics, but only if they apply to a specific plan.
• A Non-Registered Portfolio Sources and Uses table provides SOY, savings, re-invested income, capital growth, distributed income, capital draws, management fees, and EOY values.
• The Appendix now has tables for Net Cash Flow, Income Assets, and Net Worth that display output for all years in a plan.

September 2016

• Version 2016.6 released on September 21.
• For fee-only planners, there are new management fees features.
• Enhancements to the reports include Plan Parties> Company and Trust Summary tables (data is imported from CW and TW), a new Overview section, the ability to add photos to the Vision section, and new Emergency Fund Gap and revised Protection Planning Gap sections that use donut graphs to display under funding.

July 2016

• Cloud-based WorkStation versions now available!
• Version 2016.5 update released on July 15.
• New Real Time mode enables you to easily make changes interactively with clients. Real Time is the most effective medium for client learning and decision-making, and saves you time. 
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June 2016

• Version 2016.4a update released on June 24.
• Provincial budget tax updates for AB, PE, and NL.
• Enhancements to the new PowerPoint presentations.
• Cloud-based versions enter final testing.

Automatic PowerPoint® Presentations

• Presentation Builder released on June 3. Report Settings have been moved to it. There are a considerable number of new report "look-and-feel" design features.
• Version 2016.4 released on June 3. PowerPoint presentations can now be generated automatically. There are standard templates that you can edit or you can build your own. To learn more, open the VisionWorks menu and play the Presentation Builder videos.

March 2016

• Version 2016.3 update released on March 24.
• Tax updates for VisionWorks, CorpWorks, and TrustWorks.
• VisionWorks includes the new Canada Child Benefit (CCB).
• For CorpWorks, the small business tax rate remains at 10.5%.

March 2016

• Version 2016.2 released
• You can now import portfolios from Ndex
• Enhancements to additional savings calculations for RA and REA plans
• Updates to BC and NB taxes due to recent budget changes
• For net income and taxable income deductions, and federal tax credits you may create as many "other" ongoing or discrete entries as you wish
• For Net Worth, Income Assets, and Net Cash a stacked bar graph has been added

March 2016

• Version 2016.1 released
• Annual tax update (does not include changes due to the recent BC, ON, and NB budgets)
• Two options for maximum TFSA contributions
• A partial residence conversion to a rental property may be made
• Enhancements to the report cover page
• Revisions to the fillable PDF questionnaires
• In TrustWorks, changes to the taxation of graduated rate estates (testamentary trusts in the first 36 months) and life interest trusts in the final year as per ITA subsection 104(13.4)

November 2015

• Version 2 of Portfolio Builder
• Revisions to the fillable PDF questionnaires
• Enhancements to Retirement Assessment plans
• The ability to realize partial capital gains on the transfer of assets at death (past capital losses and lifetime capital gains exemption)
• A Capital Gains Liability table allows easy viewing of unrealized capital gains and the embedded tax liability
• New "excess cash" and unused TFSA contribution room and unused RRSP deduction limit features
• For CorpWorks, new inter-corporate loan features
• Enhancements to the reports

July 2015

• Portfolio Builder released
• Federal Budget update, including to RRIFs and TFSAs
• All new training videos
• Revisions to Retirement Assessment plans and the interface
• Alberta taxes updated

April 2015

•  Budget update to Alberta income tax
•  Enhancements to: Lines of credit, Estate Maps 

March 2015

• Output now includes average and marginal rate graphs
•  Report templates now retain images
•  Enhancements to: DBP PA calculations, insurance loans 

February 2015

• Modern Colour Set added and applies to both output and on-screen interaction
• Report settings now include a footer date option

January 2015

• Vision Systems training now provides FPSC Certifiable CE Credits
•  Annual income tax update
•  Enhancements to: Mortgage terms panel 

December 2014

• Summary Reports now include user-defined sections and the ability to move sections
• RDSPs are now available
• Estate Maps have been added
• The ability to compare any two solutions has been added under Reports
•  Average and marginal tax rates added to net cash
•  Enhancements to: PDF Questionnaires, mortgages rates, OAS and GIS 

November 2014

• User customizable colour sets
• OAS and GIS rates updated
• Lines of credit can now be linked to any asset
• Financial ratios have been added
•  Cash Uses within the Summary Report now include a comparable tax rate table
•  Enhancements to: PDF Questionnaires, mortgages rates, OAS and GIS 

October 2014

• Fillable and importable PDF forms added for Ideal Planning Candidate Software, and the Values and Vision Exercises
• Export data from an existing client file in VisionWorks into a questionnaire
• Reporting for linked CorpWorks and TrustWorks files now produce Corporate Maps and Trust Maps in a VisionWorks printed plan
•  Cash Uses within the Summary Report now include a comparable tax rate table
•  Enhancements to: Simple private company shares, DBPs 

September 2014

• NEW fillable and importable PDF questionnaires for Retirement Assessments (“How much income do you want in retirement?”), Retirement and Estate Assessments (which integrates the terms of Wills for clients in second marriages / have blended families) and Financial Planning / Life Planning
• Export data from an existing client file in VisionWorks into a questionnaire
• Reporting: Two-page Initial Assessment report for Retirement Assessments / Retirement and Estate Assessments
•  Life insurance needs over time graph and table
•  Enhancements to: Data import (OneBoss), Investment allocation, spreadsheet output 

June 2014 

• User customized report Text Templates added
• In-Trust For account added
• Liquidity and Charges to Estate report added
•  Report production simplified with more easily identified sections and sub-sections
•  Enhancements to: RESPs, property conversion