This episode’s insurance article is on Estate Freezes. Over the years we’ve done a number of them for some of our business clientele. While this approach is certainly not for everyone and can be difficult to grasp, the strategy can help to save considerable tax in certain situations. If you feel this may help your […]
The COVID-19 pandemic has resulted in an economic downturn, volatile markets, and financial challenges for many businesses. Year-end tax planning is always valued, but perhaps this year more than ever. Let’s examine various considerations around capital loss planning from atax perspective, including the general rules and issues around superficial losses, and discuss the impact of […]
Here’s how driving factors into insurance underwriting. Cassie Schneider Thanks to a clampdown on drunk driving, more use of seatbelts, and cars equipped with airbags and the technology to help avoid accidents, the number of deaths due to motor vehicle accidents has decreased over the past few decades. However, the risks of mortality and morbidity […]
We are Canadian. And so we think of things in Canadian terms. Even in this upside-down year with hockey season being played at the height of the summer. Some of us (like Mark) like to use hockey analogies. And the timeline of a hockey game is actually a pretty good analogy to use on […]
One of the countries’ top insurance underwriters put out an article detailing some of the changes that Covid-19 has left on the insurance industry. If you’re interested in the industry, as we are, it’s worth a read.
Perhaps you’re sitting at home, worried about how the next few months will turn out. Maybe you’ve been deemed an essential service worker (or are even one of today’s heroes, running around with a crazy first responder type job). In all situations, it’s easy to be devoured by the news and pressures of the day […]
Tax-Free Savings Accounts (TFSA) have become integral to the financial plans of many Canadians. During the 10-years since inception, the TFSA has proven to be a multi-purpose vehicle helping Canadians meet their long-term savings goals. When structuring a loan, a TFSA plan holder is permitted to use the interest in their TFSA to secure the […]
We’re entering the age of customized medicine and health which is tailored individually to us – not people ‘like’ us. For decades we’ve been subject to recommendations from health professionals suggesting things like people with certain blood types should eat certain foods. People with certain heretical backgrounds are in greater danger than others due to […]