Providing tax and regulatory updates and advice is a vital part of the value we provide our clients. This is the strategic aspect of our role, so that our clients may act preemptively. In business we are always competing. Sometimes, everyone is ready to start when the gun goes off. More often than not, the race has already begun and the boats that should be competing are just circling the harbour. We are here to point you to the race that nobody knows has already begun and give you an unfair advantage as you sail out ahead of your competition. [More …]
Do you know that you can turn your RRSP into a tax free loan? Most people don’t so we want to take this moment to let you know about the full potential of your RRSPs. We find that many people buy an RRSP ‘just because’ they know it is a good thing to do because their parents did it, or they heard it is a good thing to do through the media. But what really is the full potential of your RRSP? There are two special programs for borrowing from your RRSPs tax-free: the Home Buyer’s Plan (HBP), and the Lifelong [More …]
RRSP Plans and Pension Plans encourage saving, promote financial literacy, reduce employee tax exposure, and increase employee retention. RRSPs may also be used in DPSPs (deferred profit-sharing plan) to increase employee buy-in and productivity. Imagine the satisfaction you’ll feel when an employee’s company-sponsored RRSP enables them to buy their first home!