Are RESPs a Good Plan for My Kids’ College Funds?
Are RESPs a Good Plan for My Kids’ College Funds? If you want free money from the Government, then the simple answer is yes! RESPs are the best way for Canadians to save for post-secondary education. Disclaimer: The information below is believed to be correct at the time of writing, but please discuss with […]
Tips for Organizing Business Expenses
One of the most important ideas to keeping your small business successfully organized is by laying a strong foundation right from the beginning. It is most beneficial to start a plan right from the beginning and stick with it – don’t leave receipts out to be organized at a later date. Fortunately, there are […]
When to Incorporate Your BC Business
When to incorporate your BC business As small businesses grow and develop, the owner(s) will start to contemplate incorporating their business. They have heard about the benefits or doing such a thing but may have many questions before they begin. The first question is always this: what does it mean to incorporate a […]
Financial Planning for New Parents
Financial planning for new parents Becoming a new parent is an exciting and stressful time for anyone. With a new baby in the house, there are so many changes and adjustments that need to be made to the daily routine and it may seem overwhelming. Getting through one day at a time becomes a […]
Tax considerations for e-commerce business owners
Tax considerations for e-commerce business owners E-commerce businesses are becoming more and more popular with every year and many Canadians have deciding to forego the brick-and-mortar business plan for one that allows them to stay at home and online. But there may be tax considerations to think about when running an e-commerce business. Here […]
What’s a TSFA account?
A TSFA account (Tax-free Savings Account) is a government-sponsored investment account that was introduced in 2009 as a way to encourage Canadians to save for their retirements. For many people, a TSFA is a simple, little bank account where you can store away some money and not pay any taxes on it. You collect the […]
