Business owners need to prepare for the unexpected. Here’s what you can do to ensure your company can keep going when you’re not around. You were hit and killed by a bus last night.  How does your business look today?  Will it keep running now that you’re no longer around to oversee it? Are your business, business associates and family facing a chaotic mess? “That all depends on whether or not a business owner or partner has planned for an...

Proposals impacting private corporations   On October 16 and 18, 2017, Federal Finance Minister Bill Morneau released new measures designed to counterbalance the proposals that were previously announced on July 18 of this year. This summary contains highlights of these new announcements and modifications to the previous proposals, which are not yet law. Clients should contact their Investors Group Consultant for information on how these...

The government recently announced that it wanted to change some long-standing tax rules on incorporated business. Here’s how these changes might impact you and your business. Should you incorporate? Until recently, the answer was fairly simple: if you needed to use all the income you made in a given year, then there wouldn’t be much of a tax benefit to incorporating. If some money wasn’t needed for personal use, but rather could be kept inside...

Most Canadians who are retired and have a pension income will find themselves exposed to an additional 13% in income taxes per year throughout their retirement years.* The good news, however, is that this 13% annual increase* in income taxes can be avoided or reduced. By attending these upcoming information sessions, you will quickly learn if this change will affect you and more importantly, how you can take control to reduce this negative tax...