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The Elephant in the Room
posted Friday, April 1, 2016
If you live in Canada you will probably agree that we are taxed to death and soon we won’t know the difference between death and taxes. I am an advocate for paying one’s fair share of taxes, after all, for the most part we do get value for our tax dollars in Canada, especially when […]
posted Friday, December 11, 2015
Many Canadian parents save in an RESP for the purpose of funding their children’s post-secondary education. The federal government will contribute up to a maximum $7,200 towards each child’s post-secondary education provided you save $36,000, making the total available $43,200 (assuming your investment doesn’t lose any money and/or growth remains flat). Like an RRSP or […]
posted Sunday, October 25, 2015
When someone passes away, their estate is subject to a process known as probate, and you may have heard this phrase “The will has to go through Probate” before the assets in someone’s estate can be distributed to beneficiaries. What is probate? Probate is a legal process that confirms an executor’s authority to distribute assets […]
posted Wednesday, August 19, 2015
If you run your own business, it makes sense to hire an invisible employee who is always unseen, never comes in late, never calls in sick, never adds to your statutory deductions, will never cost you a dime in severance payments, and will repay you dollar in salary they received if you decide to terminate […]
posted Thursday, July 23, 2015
Extended Health & Dental Insurance may seem pricey if purchased as an individual product, with family coverage hovering (on average) in the $300 per month price range. One school of thought expressed by many people, especially small business owners that I speak with is, “I will end up paying for coverages I don’t need; I am […]
posted Wednesday, July 8, 2015
The rationale for purchasing life insurance is pretty simple and obvious; you want to make sure that in the event of your premature death your family won’t be saddled with debt or struggle financially. The gap that exists in the financial plan of many families in Canada (quite sadly) is the absence of critical illness insurance; […]
posted Tuesday, May 26, 2015
Most of us are well-intentioned, hard working Canadians. We go to work or run our businesses with vim and vigor; we want to provide for our families and create a bright and prosperous future. The future is created by the actions we take today, and unfortunately too many of us take the attitude of “I will […]
posted Monday, April 27, 2015
Spring is in the air and like most Canadians you are probably engaged in spring cleaning, throwing out stuff you don’t want, getting rid of the clutter built up over the winter, and maybe buying new stuff like patio furniture, garden supplies or a new BBQ. This is a time of renewal; out with the […]
posted Wednesday, April 8, 2015
I have worked in the insurance industry for pretty much my entire working life; I have sold thousands of policies, many of them covering buildings and automobiles. Recently one of my clients (who is also a good friend), bought a new home and I went to over to see the new place and to celebrate […]
posted Monday, March 30, 2015
When I am not busy protecting families with Life & Critical Illness insurance, I host a radio show on a Toronto radio station every Saturday night, and last week I played a song that got me thinking about what I do every day and why. The punch line to the song is “You’ve got to […]
