Renting vs. Buying A Home in Canada | What is the Right Financial Choice for You?

Canada Emergency Business Account (CEBA) Loan – Additional $20,000 for Small Businesses

The Cost of Renting a Home in Canada The cost of renting a home is simple to determine. It’s basically what you pay in rent and utilities. Your landlord takes care of all other costs associated with homeownership and maintenance. However, it’s also important to understand that renting rather than buying can mean a loss […]

Home Ownership Changes in Canada | Are Canadians Still Buying Houses?

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As family structures evolve in Canada, the need for home ownership has also changed. Canadians are having fewer children with rates hitting record lows beginning in 2019. In 1959, the average number of births per woman was 3.94, while in 2019 the average number of births per woman declined to 1.47. Canada’s marriage rate has […]

The Top 5 Reasons You Need a Business Advisor

Every Success Story Starts With a Dream

As a business owner, you likely spend most of your time focused on the day-to-day operations and details of running your business. It can be difficult to carve out time to examine the big picture of what your business can accomplish, whether or not you’re on track to get there, and how you can develop […]

Understand and Track Your Personal Net Worth

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If you’d like a complete view of your personal financial situation, you’re considering a major financial or life decision, or you want help setting and tracking personal financial goals, you’ll benefit from ONSight Advisory’s Understand and Track Your Personal Net Worth service. Having an understanding of your personal financial value is key when planning for […]

Help Manage Stress by Using Technology

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As a business owner, you have likely experienced stress and anxiety during the past year.  In order to run your business successfully, you need to ensure that your health and wellness takes priority in your life. When you travel on a plane, the announcer tells you that in case of an emergency, you need to […]

Save Money with a Health Services Plan

How can you save $100’s and maybe $1,000’s in taxes in one simple step with a Private Health Services Plan? Are you an employee of your own company and do you have significant medical and dental expenses each year of $2,000 or more not covered by a health plan?  Then creating a “Private Health Services […]

Your “Unexpected Death” Checklist

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Death, specifically your own death, is a subject that is tough to talk about, however having the conversation today will save a lot of stress tomorrow should the unexpected happen. Here are 7 items for your “Unexpected Death” Checklist: Ensure that your spouse/executor are aware of any pre-paid funeral (or specific) arrangements you have made […]

Update – The Canada 75 % Wage Subsidy

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Finance Minister, Bill Morneau, announced today (April 1st, 2020) that the 75 % wage subsidy would be available within 3-6 weeks time. What we know so far: The subsidy is available to all businesses, charities and non-profit organizations as long as they can prove that they have lost 30 % of their revenue due to COVID-19. […]

What is the Canada Emergency Business Account?

The new Canada Emergency Business Account will provide interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced. To qualify, these organizations will need to demonstrate they paid between $50,000 to $1 million in total payroll in 2019. […]

New Information on Wage Subsidy Program – 30 March 2020

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Prime Minister Justin Trudeau announced today businesses and non-profit organizations seeing a drop of at least 30 per cent in revenue due to COVID-19 will qualify for the government’s 75 per cent wage subsidy program. The number of people a business employs will not determine its eligibility. Charities and companies big and small will qualify, he […]