How Do You Know if You are CRA’s Favourite Target?

CRA's favourite target

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

9 Powerful Ways That Philanthropy Can Help to Build Your Brand?

philanthropy can help build your brand

Being altruistic usually means putting the needs of others ahead of your own needs.  So discussing how philanthropy can help to build your brand almost comes across as being hypocritical.  But being generous and charitable doesn’t mean that you can’t beat your chest a little, especially when it comes to being good corporate citizens and leaders in your community.  Here … Read More

No One Wakes Up and Suddenly Decides to Become Charitable One Day

become charitable

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

How Does Tremendous Purpose Come From the Darkest Tragedy?

tremendous purpose

Does the hurting ever stop? I don’t know because I’m not even close to being there yet.  A big part of me wants the pain to go away but not at the cost of the memories.  The memories are what I cherish, what I hold onto when I want to feel close to Madeline. This is what I felt 2 … Read More

The Top 6 Things I Would’ve Done Differently with My First Business

doing things differently

Experience gives us knowledge. Unfortunately, this knowledge can come at a very hefty price. In the case of my Partners and me, it resulted in the bankruptcy of our office furniture business. We did a lot of things right and enjoyed great successes for most of the time I was an owner. We were never afraid of change. In fact, … Read More

Starting an Insured Retirement Plan to Ensure Your Retirement Goes as Planned?

Insured Retirement Plan

Maximizing High Net Worth to Fund Retirement Plans for Business Owners So why would you want to set up an Insured Retirement Plan as a business owner?  To dividend out your retained earning subjects you pay taxes at your personal marginal tax rate.  Depending upon how much you pay yourself (Salary, Bonuses, Dividends) in any given year can mean that … Read More