Capital Gains Tax and your Business

The 2024 Federal Budget has introduced an increase in the capital gains inclusion rate from 50% to 66.67%.  This change can have a significant impact on the taxation of your corporate investment gains and the disposition of shares in your business. Capital gains subject to tax   Before June 25, 2024 On or After June…

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Introducing the Future Homeowners Savings Account (FHSA)

The FHSA is an innovative financial tool crafted to propel your home-buying dreams into reality. Uniquely engineered for individuals eyeing their first-ever home purchase on Canadian turf, this account merges the best of both worlds—the RRSP’s tax deduction glory and the TFSA’s celebrated tax-exempt growth. Harness the Power of Tax Efficiency When you feed your…

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