Our Blogs

Why Every Canadian Business Needs a Succession Plan: Tax Efficiency, Risk Management, and Legacy Preservation

Whether you’re thinking about retirement, planning for the unexpected, or simply looking to ensure your legacy continues, business succession planning is essential. A well-crafted plan can ensure that your company continues to thrive, your family’s financial well-being is protected, and your tax exposure is minimized. Learn More

Nov 19, 2025

Critical Illness vs. Disability Insurance: Why Professionals Need Both

Financial security depends not only on growing your practice but also on protecting the income that sustains your lifestyle. That’s where insurance plays a critical role. Two policies often come up in conversations around financial protection: Critical Illness Insurance and Disability Insurance. While they may seem similar at first glance, they are designed for very different purposes. Understanding how they complement each other is essential for anyone looking to create a strong, tax-efficient protection plan. Learn More

Oct 20, 2025

SRED Credits

Scientific Research and Experimental Development (SRED) credits, administered by Canada Revenue Agency (CRA), allow companies to claim tax credits and refunds for eligible expenditures related to Research and Development (R&D) efforts. SRED credits are an important part of Canada’s innovation strategy, designed to encourage businesses to take part in R&D activities. Learn More

Aug 08, 2025

Canadians Holding U.S. Entities/Property/Income

As a Canadian resident, you are required to report and pay tax on your worldwide income, including U.S. sourced income. This income may be subject to U.S. Withholding Tax for non-U.S. residents, generally at a rate of 15% for Canadians. To avoid double taxation, Canada’s tax laws generally allow you to claim a Foreign Tax Credit (FTCs) for U.S. taxes. Learn More

Aug 06, 2025