Family-owned enterprises form the backbone of the Canadian economy, offering unique opportunities and challenges. When two families are involved in ownership, safeguarding the business against unforeseen circumstances becomes paramount. Two critical tools in this regard are Key Man Insurance and…
Embracing Strategic Solutions in Corporate Reorganizations The strategic use of insurance in corporate reorganizations is more than just a protective measure; it is a sophisticated tool that, when properly implemented, can significantly enhance tax planning, provide liquidity for estate obligations,…
Retirement savings strategies for small business owners need to evolve with the changing tax landscape. The 2018 federal budget may have significant impacts on the corporate tax rate charged to businesses with a new claw back rule on the small…