Financial Planning for Business Owners

Financial Planning for business owners is often two-sided: personal financial planning and planning for the business. Business owners have access to a lot of financial tools that employees don't have access to; this is a great advantage, however it can be overwhelming too. A financial plan can relieve this. A financial plan looks at where you are today and where you want to go. It determines your short, medium and long term financial goals and how you can reach them. For you, personally and for your business.

Tax Series: Strategies for Private Corporations

Last summer, Finance Minister Morneau announced a number of tax reforms for Small Business Owners, including the changes to income sprinkling, minimizing the incentives to keep passive investments and reducing the transfer of corporate surpluses to capital gains.

Ontario Budget 2018

The 2018 Ontario budget features a number of new measures and billions of dollars of enhanced spending across the spectrum, as announced by the province’s Finance Minister, Charles Sousa. Read on for some of the key proposals.

2018 Federal Budget Highlights for Business

The government’s 2018 federal budget focuses on a number of tax tightening measures for business owners. It introduces a new regime for holding passive investments inside a Canadian Controlled Private Corporation (CCPC). (Previously proposed in July 2017.)

Ontario Budget 2017

Ontario Finance Minister Charles Sousa delivered the province’s 2017 budget on April 27, 2017. Learn what the budget means for small business owners and individuals.

Federal Budget 2017 Families

Finance Minister Bill Morneau delivered the government’s 2017 federal budget on March 22, 2017. The budget expects a deficit of $23 billion for fiscal 2016-2017 and forecasts a deficit of $28.5 billion for 2017-2018. Learn what the budget means for families.

Federal Budget 2017Business

Finance Minister Bill Morneau delivered the government’s 2017 federal budget on March 22, 2017. The budget expects a deficit of $23 billion for fiscal 2016-2017 and forecasts a deficit of $28.5 billion for 2017-2018. Learn what the budget means for small business owners.

Corporate Estate Bond

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With the end of the year approaching, it's a good time to look at ways to improve your tax position for 2016. To help you with this, we have prepared a checklist. As always, please consult us prior to implementing any of these strategies.

Year End Tax Tips

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With the end of the year approaching, it's a good time to look at ways to improve your tax position for 2016. To help you with this, we have prepared a checklist. As always, please consult us prior to implementing any of these strategies.

Long Term Care Insurance

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Did you know that your changes of living to 100 years old are better than ever? While living a long life may be seen as a great gift, we also need to be prepared financially to pay for your future long-term care needs.

Sources of Funds for Education

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Post-secondary education can be expensive, however having the opportunity to plan for it helps with making sure that you're capable to meet the costs of education. In addition, when you have a plan, it’s easer to make financial decisions that align with your goals and provide peace of mind. We outline 7 sources of funds for paying for post-secondary education.

Shared Ownership Critical Illness

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Shared Ownership Critical Illness offers business owners and incorporated business professionals a way to access the retained earnings in their corporation or provide benefits to a key employee. Talk to us to see how we can help you.

Understanding the difference between interest, dividends and capital gains

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The difference between interest, capital gains and dividends can be difficult to understand, we outline the difference and what actually ends up in your pocket after tax.

Is it time for an insurance audit?

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As our lives grow and change with variable circumstances, new additions, and job transitions, our needs for insurance will also evolve. Additionally, economic fluctuations and external circumstances that influence your insurance policy will need frequent re-evaluation to ensure that you are making the most appropriate and financially favorable decisions. Perhaps you aren’t sure whether you should conduct an insurance audit or not. The following scenarios are usually a good indication that you should thoroughly assess and review your current policy contract:

The Importance of a Financial Plan

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The importance of a financial plan. Working with us to create your financial plan helps you identify your long and short term life goals. When you have a plan, it’s easer to make decisions that align with your goals.

The Best Mortgage Insurance

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The best way to purchase mortgage insurance from Bryan Wilson. We outline the differences between insurance from the bank vs. us.

Federal Budget 2016

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The Honourable Bill Morneau, Minister of Finance, recently announced the federal budget for Canada for 2016. We've put together an infographic to outline the highlights of the federal budget and what it means for families, retirees and business owners.

RRSP or TFSA

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RRSP or TFSA? We outline the differences between the two.

Ontario Budget 2016

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Finance Minister Charles Sousa recently announced the budget for Ontario for 2016. We've put together an infographic to outline the highlights of the Ontario Budget.

Tax Deductions to Notice

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Tax Season is upon us and we've put together an infographic to highlight tax deductions to notice prior to filing your taxes.

CBC Marketplace: In Denial

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Getting Insurance from the Bank might not be what you think.