Most incorporated business owners hit a moment where they realize something uncomfortable.  The money is there. The corporation has been profitable for years. Retained earnings have built up. But every time they try to take money out, the tax bill is enormous. So the...

More Than Half of Canadians Have No Will. Here Is What Actually Happens to Your Money When You Die. I want to start with two numbers. 53%. And 42%. A 2024 survey by Narrative Research found that 53% of Canadians...

Most Canadians hear one thing about probate:  “Try to avoid it.”  But very few people understand what probate actually is, how it differs by province, what it truly costs, and whether avoiding it even makes financial sense.  In reality, probate is not...

Most people don’t realize that the CRA treats death like a sale.  You could own a rental property for 30 years, never sell it, never refinance it, and never take money out… and still owe hundreds of thousands in tax the moment...

Most Canadians think estate planning ends with a will.  That belief is understandable. Wills are familiar. Everyone has heard of them. Many people already have one sitting in a drawer.  But that belief is also the reason so many families...

Most rental property owners have heard of Capital Cost Allowance (CCA). Fewer truly understand it. And even fewer use it intentionally.  Capital Cost Allowance, or CCA, is essentially a tax write-off you can use to offset your net rental income.  The CRA allows this deduction to...

You can’t scroll through social media right now without seeing clips of Mark Carney’s speech in Davos.  A relatively small country. On a global stage. Standing calmly, clearly, and unapologetically against pressure from much bigger players.  A few days ago in Davos, Mark Carney delivered a...

By Fixing Cash Flow, Rebalancing Your Portfolio, and Letting Go of Bad Investments Every January, the internet fills up with one-year goal-setting exercises.  You’re told to set intentions, design habits, visualize success, and plan your best year ever. Most of it...