Several key changes relating to personal financial arrangements are covered in the Canadian government’s 2018 federal budget, which could affect the finances of you and your family.
Business succession planning is a process designed to assist the business owner to transition out of business and transfer ownership of business at the time of retirement while maximizing the business owner’s personal financial security.
Who's this for?
- Key Person
- Buy Sell Arrangement
- Business Loan/Overhead Risk
The government’s 2018 federal budget focuses on a number of tax tightening measures for business owners. It introduces a new regime for holding passive investments inside a Canadian Controlled Private Corporation (CCPC). (Previously proposed in July 2017.)
Are you sure you’re ready for this major financial decision? Purchasing a home is one of the biggest financial decisions most of us will ever make. We can help.