Bill C-208 Part 2: Using Your Capital Gains Exemption
[vc_row][vc_column][vc_video link=”https://youtu.be/F5kxlIvHQH8″ css=”.vc_custom_1677122184221{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] In part 2, we’ll be going over a strategy that you can now use due to Bill C – 208. Using your capital gains exemption This strategy allows you to use your capital gains exemption while you’re alive while also withdrawing cash from a corporation tax preferred. […]
Bill C-208 Explained
[vc_row][vc_column][vc_video link=”https://youtu.be/njhgC7_Tpac” css=”.vc_custom_1675188204034{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Bill C-208 Bill C-208 was created to alleviate the financial disadvantage that typically arose for taxpayers who sold their business or family farm corporation to their children or grandchildren, as compared to selling to an arm’s length third party. This disadvantage was caused by certain tax rules. Specifically […]
Triggering Investment Losses in a Corporation
[vc_row][vc_column][vc_video link=”https://youtu.be/rA4n5dTKQPU” css=”.vc_custom_1673036194978{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]If you’re going to trigger investment losses in your corporate account this year, make sure you double-check if you have a positive CDA balance first. Don’t deny yourself tax-free money You’ll often hear about tax loss harvesting around this time of year. The process of triggering losses in […]
Estate Freeze
[vc_row][vc_column][vc_video link=”https://youtu.be/DMUoYrrfIwc” css=”.vc_custom_1672439918746{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The estate freeze solution is the preferred strategy for transitioning a business to your children due to its tax efficiency and the ability for you as a business owner to maintain control. How it works Let’s say you own a business that’s worth $5,000,000. That $5,000,000 of value […]
The Bear Market Playbook
[vc_row][vc_column][vc_column_text css=”.vc_custom_1655224320509{padding-top: 20px !important;padding-bottom: 20px !important;}”]As we find ourselves in a new bear market, let’s review three different strategies for making the most of this market condition. The Bear Market Playbook bases each strategy on a different risk tolerance level. Option 1: Poke the Bear Rebalance Your Portfolio Rebalancing your portfolio is the process […]
Sell Now And Buy Back Later?
[vc_row][vc_column][vc_column_text css=”.vc_custom_1651241898357{padding-top: 20px !important;padding-bottom: 20px !important;}”] Why don’t we sell and get back in once it’s better? Trust me, I would love to do that for you, but the risk isn’t worth the reward. To begin this analysis, let’s go over your two options Ride the wave Get out and then get back in […]
Investment Questions Part 2
[vc_row][vc_column][vc_column_text]Your Investment Questions Answered Part 2. 2022 is off to a rocky start. What is happening? If you focus on short-term swings in financial markets, you will probably ride the emotional rollercoaster, which will make it difficult to make sound, objective investment decisions. We have certainly seen this going back to Q4 2018, when […]
Investment Questions Part 1
[vc_row][vc_column][vc_column_text] Question 1: We’ve had a very good run in stocks. How will we know when the current market is getting long in the tooth and when it is time to get out and go to cash? It is natural for investors to worry about market declines as there have been some very large ones […]
Capital Dividend Account
[vc_row][vc_column][vc_video link=”https://youtu.be/O3aKQ0iIM4Q” css=”.vc_custom_1637607466173{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1637608382130{padding-top: 20px !important;padding-bottom: 20px !important;}”] What is it? A capital dividend account is a notional account that increases or decreases when you create capital gains or losses. You aren’t going to see a capital dividend account on any of your bank records or investment records. Before watching this […]
How To Help Your Employees Retire
[vc_row][vc_column][vc_video link=”https://youtu.be/cqcilDr5Ejs” css=”.vc_custom_1635275350051{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text css=”.vc_custom_1635274685010{padding-top: 20px !important;padding-bottom: 20px !important;}”] How To Help Your Employees Retire The most tax-efficient way to help your employees to retire is through a DPSP account. Find out how using a DPSP account benefits both the employer and the employee, compared to giving out a bonus.[/vc_column_text][/vc_column][/vc_row]
