Last updated: Dec. 2, 2019
We love hearing from farmers and small business owners on what they like about being an FBC Member. Here are some recent FBC reviews collected through Rocket Referrals. What FBC Members love about our On-Site Tax Appointment Being a first-time business owner/operator I had the usual fears, not knowing what was … Read more
Last updated: Nov. 8, 2019
So you want to sell your business to another corporation with no family ties to you. That is considered an arm’s length deal and you can claim your lifetime capital exemption. Try and do the same with a family member. That’s called a non-arm’s-length deal, and a nasty bit of the … Read more
Last updated: Nov. 6, 2019
We love hearing from farmers and small business owners on what they like about being a FBC Member. Here are some of our favourite recent FBC reviews. FBC On-Site Tax Appointment Our Members tell us they appreciate the convenience of an on-site tax appointment at their home or business. Always available … Read more
Last updated: Oct. 30, 2019
Do you have a disability or a child with a disability? Are you worried about saving for retirement? Then you should open a Registered Disability Savings Plan (RDSP) to help you start building long-term savings. The RDSP shares some similarities with the Registered Education Savings Plan (RESP), which was set up … Read more
Last updated: Oct. 28, 2019
On Oct. 24, 2019, Alberta Finance Minister Travis Toews presented the province’s fiscal 2019–20 budget. The minister anticipates a deficit of $8.7 billion for 2019-20 and further deficits of $5.9 billion in 2020-21 and $2.6 billion in 2021-22. A surplus of $0.6 billion is projected in 2022-23. There are no new … Read more
Last updated: Oct. 25, 2019
Justin Trudeau’s Liberal Party is back in power, but as a minority government this time after the general election on Oct. 21, 2019. The Liberals proposed several changes in their election platform that could have tax implications for small business owners and farmers. Until the federal budget gets released in Spring … Read more
Last updated: Oct. 24, 2019
For almost a decade, FBC Members Tim and Wendy Wallace have helped dog owners by caring for their pets at their cage-free facility in Muncey, Ont. It all started in 2009 when they saw a news story about All Breed Canine Rescue, which runs out of London, Ont. and the surrounding … Read more
Last updated: Oct. 22, 2019
To say Alistair and Erin Hagan are busy is an understatement. The FBC Members and couple of almost 20 years run a family owned cattle farm in Virden, Manitoba. On top of their day-to-day operations on the farm, they also own and run Hagan Performance and Ranch Horse Sale. Both Alistair … Read more
Last updated: Oct. 17, 2019
For more than a decade, Marty Hammond worked for landscaping companies in Niagara Falls before deciding to strike out on his own. He wanted to provide superior service to customers and focus on quality over quantity. So in 2009 he took the leap and started his own company, Ace of Spades … Read more