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 | 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 | Mar 30, 2023 | 2023, Blog, Business Owners, dental benefits, Family, Financial Planning, Individuals
On March 28, 2023, the Federal Government released their 2023 budget. This article highlights the following financial measures: New transfer options associated with Bill C-208 for intergenerational transfer. New rules for employee ownership trusts. Changes to how the...
by Mercator Financial | May 31, 2022 | Blog, Business Owners, Corporate, retirees, RRSP, tax, Tax Free Savings Account
Retirement planning can be a complex process for us all, but if you are the owner of a small business it may get even more complicated, due to the various factors and circumstances that you have to take into consideration. A common mistake made by small business...
