Blog

Comparing TFSAs and RRSPs – 2020

Jan 30, 2020

We examine the difference between RRSP and TFSA in the deposit and withdrawal stage.

RRSP Tax Savings Calculator for the 2019 Tax Year

Jan 21, 2020

The 2019 RRSP Tax Savings Calculator

Steinbach Financial and Klassen Financial

Jan 01, 2020

We are pleased to announce that effective January 1, 2020 Klassen Financial has acquired Steinbach Financial.

2020 Financial Calendar

Jan 01, 2020

Financial Calendar for 2020- All the deadlines you need to know to maximize your benefits!

Business Owners: 2019 Tax Planning Tips for the End of the Year

Nov 28, 2019

If your corporate year end is December 31, it’s a great time to review your business finances. With the federal election over and no major business tax changes for this year, 2019 is a good year to make sure you are effectively tax planning. Please keep in mind that your business may be affected by the recent tax on split income (TOSI) and the passive investment income rules given they came into effect in 2018. These rules can be complicated, please don’t hesitate to consult us and your accountant to determine how this can affect your business finances.

2019 Tax Tips for Employees

Nov 21, 2019

Now that we are nearing year end, it’s a good time to review your finances. With the federal election over and no major tax personal tax changes for this year, 2019 is a good year to make sure you are effectively tax planning.

Financial Planning for Business Owners

Oct 30, 2019

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.

Succession Planning for Business Owners

Sep 29, 2019

Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.

Why provide an employee benefits plan?

Aug 30, 2019

Business owners are increasingly recognizing the key importance of implementing employee benefit plans in their organization

What’s a Financial Plan?

Jul 30, 2019

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.