The Exit Question Every Canadian Business Owner Must Answer After 25 years of building a successful family-owned company in Calgary, a founder decides it’s time to retire. Her children aren’t involved in the business. She doesn’t want to leave it…
Imagine working for decades to grow a family business—only to find, at the moment of passing it on or restructuring it for sale, that your tax plan has failed. Instead of benefiting from the Lifetime Capital Gains Exemption (LCGE), you're…
The Role of Consulting and Advisory Services Key Aspect: Consulting and advisory services from a CPA firm provide businesses with expert advice on financial, strategic, and operational matters. Shajani CPA Advantage: We combine our deep industry knowledge with our diverse…
Holding passive investments in your corporation can be a powerful tool for wealth accumulation and financial planning, but the tax landscape has become increasingly complex. Since the 2018 federal budget, Canadian businesses have faced new challenges, particularly for those utilizing…
In the realm of Canadian tax law, the General Anti-Avoidance Rule (GAAR) has long been a subject of debate, particularly in the context of family-owned enterprises. Traditionally, GAAR has been seen as a mechanism that, while aimed at preventing tax…
Running a family-owned business in Canada comes with its unique set of challenges and rewards. Among the most critical—but often overlooked—aspects of managing such a business is understanding the various sales taxes that apply. Whether you’re selling custom furniture across…
Preferred share financing can be a game-changer for family-owned businesses in Canada. Imagine having a tool that not only helps you raise capital without giving up control but also offers significant tax advantages. Preferred shares are exactly that—a strategic financial…
Starting a business in a new country can be both exhilarating and daunting, especially in a diverse and dynamic market like Canada. For newcomers, understanding the foundational steps of launching a business is crucial to avoiding costly mistakes and ensuring…
As a trusted advisor to family-owned enterprises across Canada, I understand the importance of staying informed about the current economic landscape. Navigating today’s financial markets requires a strategic approach, particularly when it comes to preserving and growing your wealth. Our…
Mergers and acquisitions (M&A) are among the most significant strategic decisions a business can undertake. For family-owned enterprises, the stakes are even higher. These businesses are not just economic entities but are also custodians of a family’s legacy, values, and…