New Income Tax Rules for Life Insurance

Owners of very successful private corporations are well aware of the importance of cash flow. Many are protective of how they allocate corporate capital so that business ventures are adequately funded and investment opportunities are not missed.

The Corporate Extraction Strategy

The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it could result in withdrawing capital from the corporation tax free!

Is the Life Insurance Industry in Canada Stable?

Given the problems encountered by some large financial institutions in the United States, how concerned should we be about the state of the life insurance industry in Canada?

Estate Planning

Estate planning is essential at any stage of life.

Pension Plans

Understanding what your company pension plan offers can help you determine how to make the most of all your retirement savings options.

Permanent Life Insurance

All life insurance is designed to provide your loved ones with financial security when you die. When you buy a permanent life insurance policy, both the premium and benefit are typically guaranteed for the rest of your life.

Asset Allocation

Find out how you can manage risk in your portfolio by selecting a mix of investments to suit your risk tolerance, time horizon and financial goals.

Long Term Care Insurance

Long-term care insurance provides financial protection for you and your family to help cover the cost of care, if you are unable to care for yourself.

Registered Retirement Savings Plan

RRSPs are a great way to save for your retirement. A registered retirement savings plan can help you achieve financial stability for later life.

Consolidating your Savings Plan

Consolidating your savings can make managing your investments simpler and less stressful, and may mean more money for your retirement.

Registered Education Savings Plan

Saving for education isn't as difficult as you might think with a registered education savings plan. Starting an RESP early is a great way to plan for your child's education.

Maclean’s on the Hill: Federal Budget 2015