Never Buy Life Insurance from a Bank

Gord Malic
January 17, 2022 0 Comments
From time to time, most business owners will need to borrow money from a bank to help with financing new equipment, a real estate purchase or to smooth out bumps in cash flow. When you do, your bank manager may suggest th...

Business Succession Strategies and Tax Solutions

Gord Malic
December 22, 2021 0 Comments
Preamble: It is far beyond the ability of this short article to list all the problems and solutions regarding this subject. The objective of this paper is to bring awareness to the planning required and the potential prob...

Do You Need Critical Illness Protection?

Gord Malic
December 14, 2021 0 Comments
Preamble: The objective of this brief paper is to help you understand how to protect your greatest worldly asset on behalf of your family and your business, if you own one. The greatest asset that is referred to in this p...

Transfer Capital Losses to Your Spouse

Gord Malic
May 18, 2021 0 Comments
As you know, you are allowed to deduct your realized capital losses against your realized capital gains this year. You can also carry realized capital gains back if you have realized capital losses in one of the previous ...

Business Owners: 2020 Tax Planning Tips for the End of the Year

Gord Malic
December 11, 2020 0 Comments
It's a great time to review your business finances now that we are nearing year-end. We have listed some of the critical areas to consider and provide you with some helpful guidelines to make sure that you cover all the ...

Guide to Covid-19: Government Relief Programs in Canada

Gord Malic
May 04, 2020 0 Comments
The intention for our "Guide to Covid-19: Government Relief Programs in Canada” is to help businesses and individuals to cut through the noise and make sure they’re getting all the help they can receive from the feder...

Tax Loss Selling

Gord Malic
April 02, 2020 0 Comments
Over the last few weeks, the financial market has taken a downturn amidst fears over Coronavirus. Understandably, you are concerned with your portfolio, it’s important to stay level-headed to avoid making financial mi...

Salary vs Dividend

Gord Malic
February 29, 2020 0 Comments
As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantag...

2020 BC Budget

Gord Malic
February 19, 2020 0 Comments
BC’s Finance Minister Carole James delivered the province’s 2020 budget on February 18, 2020...

Critical Illness

Gord Malic
March 22, 2019 0 Comments
The objective of this brief paper is to help you understand how to protect your greatest worldly asset on behalf of your family and your business, if you own one. The greatest asset that is referred to in this paper is yo...

BC Budget 2019

Gord Malic
February 22, 2019 0 Comments
BC Finance Minister Carole James delivered the province's 2019 budget update on February 19, 2019. The budget anticipates a surplus of $274 million for the current year, $287 million for 2020 and $585 million in 2021. The...