No one wants to be in CRA’s cross-hairs. You may be an unsuspecting victim even if you’ve done nothing wrong. We’re not talking about people who are guilty of tax evasion or tax avoidance. Your only criteria may be your marital status. If you are single, divorced or widowed, then you may be CRA’s favourite and unsuspecting victim. If you … Read More
8 Tragic Things People Don’t Understand About Losing a Child
Earlier this month was Suicide Prevention Day. It’s been more than 6 years since we endured the tragic loss of our beautiful daughter Madeline. Since this tragic event devastated our family’s lives, I have felt a multitude of different emotions ranging from anger, gratitude, helplessness and, of course, inconsolable sadness.I read a blog post by Paula Stephens, “What I Wish … Read More
No One Wakes Up and Suddenly Decides to Become Charitable One Day
In the past, I would never describe myself as being particularly charitable. It’s not that I wasn’t compassionate or I was completely selfish, but to be honest, I didn’t think that anything I contributed towards charity would make a meaningful difference. I wasn’t able to write a significant cheque. The other reason, there wasn’t a particular cause that I was … Read More
Are You a Sensitive Male Leader?
Sensitivity sometimes gets a bad rap amongst men. But did you know it’s actually a hidden strength that resides within many top leaders? The key is in understanding the potential value of the sensitive male leader. At one time in my journey, I experienced my own sensitivity as a challenge. I felt I had to put on a shell and … Read More
Why Philanthropy is a Good Investment: It’s Not Always Obvious
The COVID-19 pandemic added new levels of stress and uncertainty to the lives of most Canadians. No corner of society worldwide has been left untouched by the effects of the pandemic, especially the non-profit sector. The pandemic hit charities on all fronts. The weakening economy cut donations while government restrictions on social gatherings shut down fundraising events. Even as charities … Read More
What is the Best Gift You Can Leave for your Grandchildren?
So how do you leave a legacy behind and not compromise your current financial situation? If you are a grandparent wishing to provide an asset for your grandchildren without compromising your own financial security, you may want to consider an estate planning application known as cascading life insurance. Because permanent life insurance is a high cost to purchase in your … Read More
7 Reasons Why You Don’t Want to Cancel Your Life Insurance Policy
Have you found yourself thinking of cancelling your life insurance policy you pay for every month? You are not alone. As time goes on, we often forget the reasons for purchasing the amount and type of coverage we did. For this reason, it is advisable to have regular reviews to make sure you are adequately protected. Perhaps you are having trouble … Read More