by Dave Acheson | Mar 12, 2025 | 2025, Blog, Government Budget, Investment, Tax
On March 12, the Bank of Canada announced another reduction in its benchmark interest rate, bringing it down to 2.75%. This decision comes as the Canadian economy faces ongoing pressures, including uncertainty surrounding U.S. trade policies, slower job growth, and...
by Dave Acheson | Mar 5, 2025 | 2025, Blog, Tax
Canadian corporate tax rates for 2024–2025 feature distinct categories for small business, active business, and investment income, each with its own tax considerations. Small businesses can benefit from reduced rates on up to $500,000 of active income, helping...
by Dave Acheson | Mar 3, 2025 | 2025, Blog, Tax
Staying informed about financial limits and benefits is essential for effective planning. The 2025 Canada Money Facts infographic provides a clear breakdown of key financial limits, including TFSA, RRSP, FHSA, RESP, CPP, and OAS. Here’s what you need to know:Tax-Free...
by Dave Acheson | Feb 6, 2025 | 2025, Blog, Government Budget, Tax
Explaining the US–Canada Trade WarWhat Is It All About?The US–Canada trade war has far-reaching implications for every Canadian, affecting everything from the cost of groceries to the stability of our economy. The US–Canada trade war refers to the series of tariff...
by Dave Acheson | Jan 31, 2025 | Blog, Investment, RRSP, Tax Free Savings Account
When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. To assist you in understanding the distinctions, we will compare the following:The differences in...
by Dave Acheson | Jan 1, 2025 | Blog, Family, Financial Planning, personal finances, RRSP, Tax, Tax Free Savings Account
Welcome to our 2025 financial calendar! This calendar is designed to help you keep track of important financial dates and deadlines, such as tax filing and government benefit distribution. You can bookmark this page for easy reference or add these dates to your...
by Dave Acheson | Dec 5, 2024 | 2024, Blog, Business Owners, Financial Planning, Tax
As a business owner, managing your finances well can make a big difference for your business’s future. Whether it’s choosing how to compensate yourself or making the most of opportunities like the small business deduction and lifetime capital gains exemption,...
by Dave Acheson | Dec 3, 2024 | 2024, Blog, Financial Planning, Individuals, Tax
The end of 2024 is quickly approaching – which means it’s time to get your paperwork in order so you’re ready when it comes time to file your taxes!In this article, we’ve covered five different major types of 2024 personal tax tips:Investment...
by Dave Acheson | Dec 2, 2024 | Blog, Business Owners, group benefits, health benefits, incorporated professionals
When it’s time to renew your organization’s group benefits plan, it’s a chance to step back, take a close look, and ensure everything still makes sense for your team and budget. Each year, your provider will review past claims and usage to help adjust coverage and...
by Dave Acheson | Nov 5, 2024 | Blog, Family, Investment, Registered Education Savings Plan
Planning for your child’s education can be both exciting and overwhelming. The rising costs of post-secondary education make it important for parents and families to consider the financial tools available to help ensure children have the opportunity to pursue their...
