by Mercator Financial | Nov 30, 2023 | 2023, Blog, Business Owners, tax
Now that we’re approaching the end of the year, it’s time to review your business finances. We’ve highlighted the most critical tax-planning tips you need to know as a business owner. Salary/Dividend Mix As a business owner, an essential part...
by Mercator Financial | Nov 7, 2023 | Blog, Financial Planning, RRSP, Tax Free Savings Account
Embarking on life’s financial journey, each decision, from buying your home to planning retirement, often stands alone. But, what if they didn’t have to? Imagine buying a home. Saving for your down payment and life insurance naturally comes to mind, doesn’t it?...
by Mercator Financial | Aug 1, 2023 | 2023, Blog, Business Owners, financial advice, Financial Planning, Individuals, mortgage, personal finances, tax
You’ve likely heard much about interest rates, especially house prices and mortgages. Rising interest rates will impact everyone, whether they are borrowers or savers. Why does the Bank of Canada raise interest rates? The Bank of Canada has a monetary...
by Mercator Financial | May 27, 2023 | 2023, Blog, Business Owners, Corporate, Investment
Investing as a Business Owner Many business owners have built up earnings in their corporation and are looking for tax efficient ways to pull the earnings out to achieve their personal and business financial goals such as: building and protecting your savings...
by Mercator Financial | May 2, 2023 | Blog, Charitable Gifting, estate planning, Family, Investment
How to Make the Best of Inheritance Planning Inheriting an unexpected, or even an anticipated, lump sum can fill you with mixed emotions – if your emotional attachment to the individual who has passed away was strong then you are likely to be grieving and the thought...