by Mercator Financial | Apr 22, 2024 | 2024, Blog, Business Owners, Family, financial advice, Financial Planning, Individuals, Investment, retirees, Retirement
With the upcoming 2024 Canadian tax rule changes, it’s important to review your financial strategies. We’ve identified the key changes that we expect to influence financial decisions for investors, business owners, incorporated professionals, retirees, and...
by Mercator Financial | Apr 17, 2024 | Blog, Business Owners, estate planning, Family, Financial Planning, incorporated professionals, Individuals, Investment, mortgage, personal finances, Professional Corporations, Professionals, retirees, Retirement, tax
On April 16, 2024, Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, presented the federal budget. While there are no changes to federal personal or corporate tax rates, the budget introduces: An increase in the portion of capital gains...
by Mercator Financial | Mar 6, 2023 | Blog, estate planning, Family, retirees
What happens when the children grow up and are no longer dependent on their parents? Estate planning for mature families and retirees can bring up a number of issues, including family dynamics and harmony. One of the most difficult conversations is around the fair or...
by Mercator Financial | Oct 31, 2022 | Blog, estate planning, Family, Financial Planning, Individuals, retirees
A financial plan looks at where you are today and where you want to go. It determines your short, medium and long term financial goals and how you can reach them.Why do you need a Financial Plan? Worry less about money and gain control. Organize your finances....
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...