Covid19 offers an unprecedented opportunity to obtain life insurance without medicals
There is no doubt that the implications of Covid19 have been terrible for businesses and consumers alike. We’ve all experienced changes rolled-out by businesses to align their processes with social-distance requirements. Life Insurance companies are no different……and in this case the changes are positive for the consumer! Traditionally, only the very young or those purchasing […]
Canada Emergency Commercial Rent Assistance: Provincial Program Details
The Government announces help with rent for small business. But is the “help” any better than the terms you may have already negotiated with your landlord? Who qualifies?: Businesses who pay less than $50,000/month in rent Non-essential businesses who were forced to close or other businesses that have suffered at least a 70% drop […]
UPDATED: Covid-19 Federal Government Assistance for Employers and Employees
UPDATED!!!! April 9th, 2020 If your business needs financial support: Canada Emergency Wage Subsidy: Designed to keep (or recall) employees on payroll, this program will subsidize a portion of your payroll cost For employers that have suffered a 15% reduction in revenue due to Covid-19 in March 2020 and/or a 30% reduction in revenue for […]
Here are some common questions we hear leading up to graduation.
We have you covered! 1. We’ve been told it would be better to buy our disability insurance now or as soon as possible. When should we be considering buying long term disability insurance? We recommend obtaining the coverage as soon as possible, but at the latest, while you are in 4th year. It is while […]
Shared Ownership in a Critical Illness Policy
A solution for incorporated Dentists to obtain both sickness benefits and tax savings Shared Ownership refers to the situation in which more than one party owns an interest in an insurance policy. With the recent changes to the taxation of professional corporations, we have seen a lot of interest in using this strategy with Critical […]
Thinking of participating in the International Student Outreach Program?
Consider securing your Disability Insurance first In Fourth year of their DDS Studies, many students will consider participation in the International Student Outreach Program. This program provides DDS4 students with opportunities to stretch and grow their clinical skills in the field while making a meaningful difference in the lives of people in underserviced parts of […]
Tips for Writing an Exceptional Resume
When you are looking for a job that is the perfect fit for you, don’t forget that the person doing the hiring is looking for the perfect fit for THEM! Here are some tips that will help you with your resume writing: 1. Show your passion – Employers want you to be passionate about the […]
Recent changes to the taxation of your professional corporation
Given the recent changes to the taxation of your professional corporation (PC), we are always on the lookout for innovative ways to help you save tax. As you probably recall, the changes effectively killed the concept of income splitting and introduced a tax penalty on passive income earned inside the PC. If you are a […]
Professional Corps and the New Tax Proposals. Don’t be fooled…you are still in the Government’s cross hairs
Finance Minister Morneau’s 2018 budget continued the string of punitive tax measures aimed at small business owners, especially Professionals. While many commentators opined that it wasn’t as bad as expected, it still represents more taxation. In fact, this sigh of relief seems to have obscured the analysis of the true, albeit delayed, impact. The impact […]
Is HealthPlus right for you?
HealthPlus is a Private Health Services Plan. Used by thousands of small business owners across Canada, a PHSP enables the business to deduct 100% of the family’s health and dental expenses incurred by themselves and their employees as a business expense. One of the great benefits of our plan is that it gives you the […]