The Money Minute Blog

Join us on an exciting journey into the world of financial planning with our Money Minute blog series. Featuring short reads and videos, this series offers practical financial resources that simplify complex concepts, making them more understandable and accessible to everyone. Whether you’re an experienced investor or just beginning your financial journey, our content is tailored to all levels of expertise and investment interests. If you have any questions or would like to schedule a meeting with one of our advisors, please don’t hesitate to contact us.

Did someone say…tax free?

How business owners can get money out of their company tax free  Attention shareholders and owners of a Canadian-controlled Private Corporation (CCPC)! This could be your “Diamond in the Rough”. What is that Diamond? Capital Dividends -the holy grail of dividends. Why? Funds that are allowed to go into the…

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When Is a Good Time to Incorporate?

You have started a new business and are excited about the obstacles and opportunities that are before you. You have a vision to execute a product or service to market and you have officially embarked on the journey of an entrepreneur. Business licenses are in place and your operation as a sole…

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TFSA vs RRSP – The Age-Old Question

“Should I invest in an RRSP or a TFSA?” This is a common question we are asked by clients. Some feel that RRSPs have gained a reputation of being worse for taxes in the longer term than a TFSA would be. Is this reputation justified? The most common way to…

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What’s All the Hype About?

It’s hard not to get caught up on the latest fad and the stock market is no different. It may seem that every other day there is something new and exciting going on in the stock market. We hear stories of people becoming millionaires overnight and it is hard not…

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The Benefits of Generosity

The benefits of generosity are greater than you think. When you think of being generous, initially you may think the benefits of giving are for the recipient. While this is true, the benefits can be significant for the giver as well. Research has demonstrated the following benefits for the giver.…

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Financial Pitfalls – Avoiding COSTLY Mistakes

The English dictionary describes a pitfall as “a hidden or unsuspected danger or difficulty.” Alternatively, it also defines a pitfall as “a covered pit used as a trap.” When it comes to finance, I can make the case that both definitions hold true. Avoiding financial pitfalls in general really comes…

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