For many Canadians entering their retirement years, their focus tends to switch from accumulating wealth to preserving wealth for...

Last week we saw the Federal government present their 2024 budget. How can you help your clients manage the change in Capital Gains...

When your RRSP/RRIF income is not needed. For many Canadians, contributing to an RRSP is an effective way to build a retirement nest egg....

Firstly, let’s clarify a point form last week. The CRA is waiving the late filing penalties for 2023 and not the filing requirement. The...

A common question that is asked by many incorporated business owners is what they can do to minimize paying government taxes. As...

Thanks for the corporate financial statements! Now what? Spotting the insurance planning opportunities There will come a time in our...

In last month's article, we explored the various circumstances that lead individuals or corporations to consider transferring their life...

Corporations, and individuals, purchase life insurance for many different reasons. As time passes, these reasons may change and therefore...

This has been an interesting couple of weeks in the markets. Did we just see the best days of the year? Yesterday, the Fed hinted there...

Here’s an easy way to explain the Pension Adjustment Reversal or PAR to your clients. Consider an employee who is a member of a Group...

In last month's article “When to consider having a Holdco” I discussed the ability of a Holdco to receive tax-free intercorporate...

With interest rates where they are, many of our carriers are offering good rates on either their daily interest accounts or money market...

In a previous article, I discussed the benefits of incorporating. Specifically structuring one’s business affairs within an operating...

Here’s a clever way to move LIF money to either an RRSP or RRIF. As we know, LIFs have annual minimums and maximums. The concept is to...

I’ve heard it referred to as the “magic sauce” behind all corporate insurance strategies. Quite frankly, I think it’s a well-deserved...

Let's start with the sweet spots. Assumption Life Investment options through the Registered Investment Account (RIA) Average reduction...

Generally, premiums paid under a life insurance policy are not considered an allowable deduction for income tax purposes, but there do...

This week let’s start with Beneva’s sweet spots. Recall Beneva is the coming together of La Capitale and SSQ. Beneva has two product...

There’s been a constant theme throughout the previous federal budgets to focus on high-net-worth individuals and certain corporations to...

Our summer sweet spot series continues with RBC Life this week. Here are RBC Life’s sweet spots: Very simple straightforward contract...