To Sell or Not to Sell: That is the question when it comes to the new capital gains tax increase
The federal budget’s proposed increase in the capital gains inclusion rate has some asking: “Should I trigger my gains now?” Some of the loudest noise emanating from the series of budget announcements is how capital gains will be taxed after June 24, 2024. Prior to this date, when you have a gain on the sale […]
Consider buying – or switching to – life insurance to protect your mortgage
With summer fast approaching, many Canadians will be getting a new mortgage or renewing an existing one. If you have a mortgage, you’ll want to protect yourself with insurance – either mortgage life insurance or personal life insurance. But which is the better option? Although mortgage life insurance might seem like the logical choice, it’s not what […]
PURIFYING YOUR DENTISTRY PROFESSIONAL CORPORATION
The Royal College of Dental Surgeons of Ontario (RCDSO) has established different rules for Dentistry Professional Corporations (DPCs) from those that apply to non-dental small businesses in Ontario. Most small business owners have a holding company (Hold Co or a corporation without active business operations) that directly owns the shares of their Operating Company. This structure […]
What is your retirement number?
When it comes to retiring, the crucial question to answer is: What’s my number? Embarking on your retirement journey is a highly individual experience and establishing your personalized “Retirement Number” is the first step towards securing the golden years you envision. At Protect, we understand the distinct needs of individuals, especially those in the dentistry field, […]