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What’s New?

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.
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.
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



VisionWorks is the premier life planning or "next-generation financial planning" software.

Click the logo to open the VisionWorks menu,
learn more, and play the training videos.


CorpWorks is the premier corporation planning and "business coaching" software.

Click the logo to open the CorpWorks menu,
learn more, and play the training videos.

TrustWorks is the premier trust planning and "coaching" software.

Click the logo to open the TrustWorks menu,
learn more, and play the training videos

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