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The Best Low-Cost Franchises to Invest Today

The Best Low-Cost Franchises to Invest Today

Last updated: Jan. 2, 2019 
Franchising a business has gained an increase in popularity today. We’re all in a clamor to earn more – or to be our boss. There are many advantages when choosing to go for a franchised business, rather than start up your own from scratch. If you don’t know where (and WHAT) … Read more

Dairy Farm Investment Program

Canadian Dairy Farm Investment Program

Last updated: Dec. 19, 2018 
We wanted to make sure that all dairy producers are aware of this program and the upcoming deadlines to participate. Be sure to share this with any dairy producers that you know. Phase Two Recently Announced The Dairy Farm Investment Program is a five-year $250-million program to help Canadian cow milk … Read more

Tax-Saving Strategies for Small Business Owners

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Last updated: Dec. 14, 2018 
When it comes to small businesses, Canada is very entrepreneurial. According to the most recent data from the Government of Canada, 1.14 million, or 97%, of all enterprises are classified as small businesses. Despite the varied number of small businesses in Canada, there is one thing that all small business owners … Read more

Restricted Farm Losses and the Part-Time Farmer

Restricted Farm Losses: The Plight of the Part-Time Farmer

Last updated: Dec. 12, 2018 
This article originally appeared May 4, 2017 | Robert Graham, Miller Thomson LLP Not just anyone can become a farmer; yet many Canadians aspire to transfer from their existing occupation into farming. The challenge with said aspiration is that starting up a farm business is difficult, and though the federal government … Read more

What Business Owners Should Know When Using Amazon

What Do Business Owners Need to Know Before Selling on Amazon?

Last updated: Dec. 5, 2018 
Putting up a business has never been easier now that we have e-commerce. Platforms like eBay and Amazon have paved the way for small- and medium-enterprises to reach more customers globally. Online marketplaces can promote your products and services to a targeted audience with a few clicks. Before you create a … Read more

Federal Fall Economic Update 2018

Federal Fall Economic Update 2018

Last updated: Nov. 22, 2018 
On November 21, 2018, the Honourable Bill Morneau presented the federal government’s 2018 Fall Economic Update as Minister of Finance. In the 2018 Federal Budget, the government stated they would conduct detailed analysis of US tax reform to assess any potential impacts on Canada.  In his update, the government responded and … Read more

How Can Succession Planning Minimize Taxes?

How Can Succession Planning Minimize Taxes?

Last updated: Nov. 21, 2018 
Whether you’re the CEO of a large firm or own a small family business, there’s a good chance you’ll want the next generation of your family to be at the helm. Having a viable succession plan in place is a great way to ensure transferring the business to the next generation … Read more

How Small Business Owners Can Pay Less Tax

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Last updated: Nov. 15, 2018 
Money Saving Tax Tips for Small Business Owners The idea of paying taxes every year, especially more than you need to, can be depressing. While you can’t sidestep income tax, you can take advantage of a number of small business tax strategies to help reduce the amount of income tax you … Read more

Tax Benefits of a Mortgage Investment Corporation

What Are the Tax Benefits of Investing in a Mortgage Investment Corporation?

Last updated: Nov. 14, 2018 
Few investments are as advantageous as a Mortgage Investment Corporation (MIC), when it comes to returns and tax benefits. Because of their corporate structure, MICs do not pay income tax and are legally mandated to distribute all of their earnings to investors. On top of that, MIC dividend payouts are treated … Read more