Finance Minister Bill Morneau delivered the government’s 2017 federal budget on March 22, 2017. The budget expects a deficit of $23 billion for fiscal 2016-2017 and forecasts a deficit of $28.5 billion for 2017-2018. Find out what this means for families.
Finance Minister Bill Morneau delivered the government’s 2017 federal budget on March 22, 2017. The budget expects a deficit of $23 billion for fiscal 2016-2017 and forecasts a deficit of $28.5 billion for 2017-2018. Find out what this means for businesses.
Alberta Finance Minister Joe Ceci delivered the province’s 2017 budget on March 16, 2017. The budget anticipates a deficit of $10.3 billion for the 2017-2018 fiscal year, $9.7 billion for 2018-2019 and $7.2 billion for 2019-2020.
Protect your heirs from steep tax burdens through executing an estate freeze
Almost half of Canadian business owners do not have a transition plan for their business, according to a 2015 CIBC poll.
BC Finance Minister Michael de Jong delivered the province’s 2017 budget on Feb. 21, 2017. The budget anticipates a surplus of $295 million for the current year, $244 million in 2018-2019 and $223 million in 2019-2020.
The Capital Dividend Account (CDA) is a special corporate tax account which gives shareholders designated capital dividends, tax-free.
Talk to us to see if this makes sense for you.
Do you have unrealized capital losses? Have you maximized your TESA contribution yet? Have you thought about family income splitting? Can you benefit from the New Canada Child Benefit? Have you maximized your RRSP contributions? Is it time wind up your RRSP? Are you meeting the CRA deadlines for 2016 savings? Have you paid your personal tax instalments?
Having a buy sell agreement is important business partners. A buy-sell agreement should outline the contingencies for different outcomes, trigger events and be put in place to protect you. Often Buy-sell arrangements are also insured.
Get in Touch
Tel: (780) 945-1010
Toll Free: (877) 460-6460
Suite 10, St. Albert Inn
156 St. Albert Road
St. Albert, AB
About Gordon Malic
Gord entered the financial business in 1987 and is the president of Charter Wealth Management, a company that provides comprehensive financial planning services to private clients. Risk management and investment strategies for owners and managers of private and public companies are Gord's main focus.