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Pay-down your Mortgage or Top-up your TFSA

Published on Sep 29, 2016

The question of reducing debt or contributing to savings will continue to be debated for as long as people plan to retire in Canada. Of course opting for both: reducing debt & increasing savings is the ideal. As for which is better, however, really depends on the individuals involved, their goals and feelings and their unique financial situations.

Success Principles for Generational Business Transition

Published on Sep 23, 2016

The creation and subsequent, and in some cases ongoing, generational transition of family business legacy is possible for some business families. But for it to be successful even to one generation, and certainly in the case of multiple generations, generational business transition requires...

Transitioning the Family Cottage to the Next Generation

Published on Jun 2, 2016

Appropriate planning to transition the family cottage is important to ensure your future generations are able to continue to enjoy it. When transitioning second properties to loved ones, whether voluntarily or via an estate, for tax purposes there is a deemed disposition of the property at fair market value. The disposition results in income...

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