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Last month, we asked: Did you buy yourself a job, or build a career? Here’s our follow-up question: When was the last time you stepped away to work on your business instead of in it? Most entrepreneurs spend their days…

If you’re a parent, you already know how quickly the bills start adding up. As one school year wraps up, you’re registering for summer camps. Before you know it, you’re paying school fees and signing up for hockey, dance, gymnastics,…

Vehicle expenses are one of the most common topics we discuss with business owners. Unfortunately, they are also one of the areas where tax myths seem to spread the fastest. We’ve heard everything from “just put it through the company”…

Every year, we meet people who leave employment to start their own business. They’re talented. They’re motivated. They’re often very good at what they do. But somewhere between quitting their job and opening their doors, many underestimate what they actually…

When business owners sell investments, real estate, or other assets inside their corporation, there is often a silver lining hiding inside the tax bill: the Capital Dividend Account, commonly called the CDA. The CDA is one of those lesser-known tax…

Most business owners think payroll is simple: Set up employees → run payroll → remit deductions → done. But payroll has a sneaky side. The side that shows up months later with CRA penalties, frustrated employees, missing paperwork, or a…

Life insurance is one of those things most of us know we should have… but when the quote comes in, it can feel expensive. As business owners, many people immediately ask: “Can I just pay for this through my corporation…

The Difference Most Entrepreneurs Don’t Realize (Yet) In Part 1, we talked about how many entrepreneurs unintentionally find themselves in a partnership simply by the way they operate, without ever having the conversation or paperwork in place. Now let’s walk…

The Difference Most Entrepreneurs Don’t Realize (Yet) It usually starts with excitement. Two entrepreneurs connect. Ideas are flowing. There’s momentum, opportunity, and a shared “let’s do this” energy. They talk through roles, rough numbers, and next steps. Maybe it’s over…

Personal Tax Myths  Myth: “Your primary residence becomes taxable once it’s worth over $1 million” Reality: There is no dollar cap on the Principal Residence Exemption in Canada. A qualifying primary residence can be worth $300,000 or $3 million. The…