Category: Tax

Real Estate Capital Gains Tax: Budget 2017

Share this…FacebookGoogle+TwitterLinkedinWhat’s your game plan for winding down your Capital Gains tax liability? Yesterday Canada’s Finance Minister presented the government’s latest budget. there had been many fears about the potential increase of capital gains taxation. To do so would not

Posted in Estate Planning, Financial Planning, Investment, Risk Management, Tax, Uncategorized Tagged with: , , , , , , , ,

TFSA limit boosted – does it change your estate planning game plan?

Share this…FacebookGoogle+TwitterLinkedinIn the just-released federal budget, the TFSA limit was increased from $5,500 to $10,000/person/year. The new $10,000 amount is not indexed so don’t expect it to rise annually. Does this impact your financial plans? Consider this: Historically spouses often

Posted in Estate Planning, Financial Planning, Tax

4 Ways High Earners Should Adjust for New Spousal Tax Laws

Share this…FacebookGoogle+TwitterLinkedinIn recent months the Canadian government has mused about the potential for changes in the tax code so that Canadian couples can start filing their income tax returns jointly once the budget is balanced. Most people outside the financial

Posted in All Archives, Financial Planning, Tax

Cars and Corporations

Share this…FacebookGoogle+TwitterLinkedinMany small business owners ask the perennial question of whether they should own their car within the corporation or personally. There are several factors that go into answering that question, such as: -how many kms will you drive in

Posted in Financial Planning, Risk Management, Tax

Is 4% an Unsustainable Withdrawal Rate

Share this…FacebookGoogle+TwitterLinkedinHistorically, 4% was thought to be the withdrawal rate the average portfolio could withstand on a long term basis without eating into capital. Recent research indicates that in today’s lower investment return environment, maybe that’s no longer sustainable. We

Posted in Financial Planning, Investment, Tax