Wealth Strategies: Family Income Splitting Loans - Reduced to New Prescribed Rate of 1%

Income splitting strategies are always top of mind in order to minimize taxes, especially with many options being eliminated and/or reduced significantly by CRA in recent years. That said, CRA recently updated their prescribed loan rate for family...

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Wealth Strategies: Government Support for Business Owners During Covid-19

We continue to receive information and amendments on federal government aid packages available for small and medium-sized businesses affected by the COVID-19 situation. This includes both wage subsidies and credit through the Canada Emergency Busines...

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