Labor Relations Striking a Balance

John S. Budd, F.C.A., is a financial and investment advisor in Toronto. He is a Partner of Cumberland Asset Management Corp., where he manages investment portfolios for affluent individuals, holding companies, trusts and charitable foundations, located within Canada, the U.S. and Europe. He holds a Bachelor of Commerce degree from the University of Toronto and is a Chartered Accountant. He has specialized in the area of tax and estate planning for more than 25 years and has served as an investment and tax advisor to some of Canada�s most affluent individuals and families. In addition to providing tax and estate planning services to the clients of Deloitte & Touche for 18 years, he served…  More as national leader of their Estate Planning Specialty Group.He is the author of Second Property Strategies, a bestselling book on capital gains tax planning for vacation properties and second residences. He was also the editor and co-author of Deloitte & Touche�s Canadian Guide to Personal Financial Management and a contributor for 15 years to How to Reduce the Tax You Pay. He has also authored and instructed a number of tax courses for the Canadian Institute of Chartered Accountants, including CICA Personal Tax and Estate Planning, Using Trusts in Tax Planning, and CICA Advanced Tax Issues.John has been a guest speaker and/or Chair of many tax conferences and seminars for the Canadian Tax Foundation, the Strategy Institute, Insight Conferences, and other organizations. He has written numerous articles and has been frequently quoted by the media in the Globe and Mail, Financial Post, and National Post Magazine, and has appeared several times on CBC Business World. He is the incoming President of the Toronto Estate Planning Council, of which he has been a member since 1979. He is also a member of the Canadian Tax Foundation. In 1991, John was honoured by the Ontario Institute of Chartered Accountants by being named a Fellow of the Institute. John and his wife Susan live in Toronto with their three sons, Michael, Christopher and Steven.  Less