Category Archives: Educational Resources

Changes to Ontario’s Estate Administration Tax Act

From Jan. 1, 2015 various changes relating to the Estate Administration Tax Act have become effective. While these changes seem administrative in nature, a deeper look reveals they can make estate administration and the probate process more onerous, costly and … Continue reading

Posted in Educational Resources | Leave a comment

If you have the choice, what should you choose, Dividends or Salary?

The inspiration for this article came from a friend, an incorporated physician and director of a prominent downtown clinic. The last time I visited him, the topic of tax efficiency and pensions came up. I asked if he paid into … Continue reading

Posted in Educational Resources | Leave a comment

Is Your Tax-Free Savings Account a Missed Opportunity?

Tax Free Savings A Tax-free Savings Account (TFSA) is a missed opportunity for many Canadians who have either not set up a TFSA or are using it to hold low interest GICs. The attraction of a TFSA is tax-free investment … Continue reading

Posted in Educational Resources, Taxes | Leave a comment

Use the Waterfall Wealth Transfer Concept to Benefit 3 Generations

How would you like to invest money on a tax sheltered basis that you could access if needed and also be able transfer wealth tax-free to your child and your grandchild when you decide? In other words, create something like … Continue reading

Posted in Educational Resources | Leave a comment