If you are applying for or renewing your mortgage, should you choose a fixed or variable rate mortgage? The current economic situation can play a role in your decision.

Yes. There is such thing as “good debt”—in fact, some types of debt can be advantageous if managed responsibly.

If you are recently married or have recently entered into a common-law relationship, understanding potential changes in taxation and tax return filing requirements can be confusing and frustrating. This article is here to provide information on some common taxation related issues for married or common-law couples in Canada. It also lists some tax benefits for married couples in Canada that you may wish to know.

Whether you are looking to maintain or grow your business in the shorter term or to ensure that it lasts for future generations, you may wish to consider having independent directors on your company’s board.

Founders of the business may initially resist for a range of reasons, including a feeling of a loss of control, a reluctance to share information with outsiders, or an unwillingness to let outsiders to tell them what to do. These are all valid concerns; however, here are some reasons why you may wish to include arm’s length members on your company’s board.

Grandparents or parents of high-net-worth families who have amassed wealth beyond their personal needs may at one point or another contemplate how to pass money to their heirs, while minimizing taxes.

If this sounds like you, you are not alone. Over the coming decade, Canadian inheritances could hit $1 trillion. Some Canadians focus their attention on estate strategies to transfer their wealth after their passing, while others are keen to give during their lifetimes—but in both cases, wish to keep as much of their wealth intact as possible and shield it from taxation.

As we enter an age of unprecedented wealth transfer, you should be prepared. In this article, we highlight 4 ways to transfer wealth while minimizing the tax bite in Canada.