How to Prepare Your Family for the Future: 10 Things to Do Now That Will Protect Your Family When You’re Gone
10 Things to Do Now that Will Protect Your Family in the Future Thinking about the future can be a difficult thing, but it’s important to consider what you can do now to protect your family when you’re gone. To help you prepare your family for the future, here’s a checklist of 10 things you […]
Secure Your Future: A Guide to Financially Preparing for Retirement
Retirement planning can seem overwhelming, but with the right strategy in place, you can ensure a pleasant and financially secure retirement. This guide will walk you through essential steps, from determining how much you need to save to deciding where to invest your money. By planning carefully and making informed decisions, you can create a […]
Canadian Interest Rates Q3 2024: July 1 to September 30, 2024
The Canada Revenue Agency (CRA) has announced prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to both individuals and corporations. These rates are in effect from July 1 to September 30, 2024. Income Tax Interest Rates Q3 2024 The interest rate […]
Understanding Changes to Capital Gains Inclusion Rates in Canada’s Budget 2024
The 2024 budget has introduced significant changes to the capital gains inclusion rate effective on June 25, 2024, aiming to redefine the taxation framework for corporations, trusts, and individuals in Canada. Changes to Canada’s Capital Gains Inclusion Rate Impact of Updated Capital Gains Inclusion Rate for Individuals: Under Budget 2024, the capital gains inclusion rate […]
Navigating Canada’s 2024 Federal Budget: What You Need to Know
On April 16, 2024, Canada’s Deputy Prime Minister and Minister of Finance, Chrystia Freeland, unveiled the 2024 Federal Budget, titled “Fairness for Every Generation,” in Ottawa. This budget is focused on three key pillars: building more affordable homes, reducing the cost of living, and fostering inclusive economic growth. Here’s a breakdown of the significant tax […]
A Guide to Building a Strong Credit Score: Unlocking Financial Success
Having a solid credit score is crucial in today’s financial world. It opens doors to buying a home, getting loans with favorable terms, and more. Your credit score reflects how trustworthy you are with credit, and knowing how to build and maintain a healthy score is vital for your financial well-being. Tips for Building Your […]
Alberta Budget 2024: A Comprehensive Overview for Businesses and Families
The newly released Alberta Budget for 2024 aims to place a strong emphasis on healthcare, education, family assistance, and community safety. Investing in Jobs and the Economy A number of initiatives are introduced in Budget 2024 for companies and the economy. With a $5,000 refundable tax credit, the Alberta is Calling attraction bonus seeks to draw […]
Canadian Interest Rates Q2 2024: April 1-June 30, 2024
The Canada Revenue Agency (CRA) has announced prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to both individuals and corporations. These rates are in effect from April 1 to June 30, 2024. Income Tax Interest Rates Q2 2024 The interest rate […]
Understanding Joint Tenancy vs. Tenancy in Common: Key Considerations in Property Ownership
Understanding the differences between joint tenancy and tenancy in common is critical when owning property with someone else. These two types of ownership have unique rights and implications, particularly in situations like estate planning. Joint Tenancy vs. Tenancy in Common: What’s the Difference? Imagine a scenario where two individuals co-own a property, each holding a 50% […]
Simple Profit Improvement Strategies for Your Business | The Power of One
If increasing profit is one of your business goals, there are simple strategies you can implement to help you get there. The Power of One is a profit improvement tactic that helps you increase profit by adjusting specific metrics by as little as 1% or a factor of one. Simple Profit Improvement Strategies: The Power […]