Recent Posts

How to Choose a Financial Advisor as a Business Owner in Canada

Surcon Mahoney Wealth Management

How to choose a financial advisor when you own an incorporated business in Canada. Verify credentials, compare fee models, and ask the right questions....

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How to Pay Off Dental School Debt in Canada

Surcon Mahoney Wealth Management

Canadian dental grad debt often comes from student loans and LOCs. Learn which debt to repay first, when to invest, and how loan forgiveness works...

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The Complete Guide to Buying a Dental Practice in Canada (2026)

Surcon Mahoney Wealth Management

This guide to buying a dental practice covers everything from knowing when you’re ready, how to purchase and everything in between...

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Planning for the family vacation property

BMO Private Wealth

Designing a succession plan for the future ownership of your family vacation property can be challenging, especially because these properties often hold tremendous sentimental and monetary value....

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Named an executor? Here’s what to consider before you say “yes”

BMO Private Wealth

When someone you love names you as the executor of their estate, it can feel like an act of trust....

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2025 Personal Tax Calendar

While most Canadians are aware of the April 30 personal income tax filing deadline, there are other important tax  deadlines that must be observed over the course of the year – especially if you want to take advantage of certain tax......

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Reduce your taxes with a Prescribed Rate Loan

In a low interest rate environment, a popular tax strategy involves the use of a prescribed rate loan to split  income amongst family members. However, as a result of the recent decreases in the prescribed interest  rate, the income-splitting......

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How to use life insurance to keep your business growing

Entrepreneurship is supposed to be a thrilling experience filled with hope, opportunity and, of course, hard, painstaking work. The last thing anyone wants to think about is what might happen to a budding business if a founder or critical employee......

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Federal government prorogues Parliament – Tax implications

With the announcement by Justin Trudeau earlier this week to resign as Prime Minister, the Federal government will prorogue Parliament until March 24, 2025....

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Government of Canada releases 2024 Fall Economic Statement

On December 16, 2024, the Federal government released a fiscal update in its 2024 Fall Economic Statement (FES), which introduces a number of affordability and housing measures....

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5 financial areas to focus on this winter

Winter is a great time to recharge. But with many people’s attention turning toward rest and relaxation in warmer climates or on making getaway plans for later in the year, it’s still important to remember that growing your wealth doesn’t take......

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Alternative Minimum Tax

First introduced in 1986, the Alternative Minimum  Tax (“AMT”) is a parallel tax calculation for  individuals (and many trusts) which calculates  an alternate taxable income that allows fewer  deductions, exemptions, and tax credits than under  the o...

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Lifetime Capital Gains Exemption demystified: Strategies for maximizing your gains

It’s no secret that most business owners could spend more time thinking about succession and tax planning, but there’s a $1.25-million reason to think about it – and that figure will continue to rise....

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2024 year-end tax planning tips

Since many tax strategies require foresight to be effective, tax planning should be a year-round activity. However, as year-end approaches there are still opportunities to consider to reduce your 2024 tax bill....

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A Beginner’s Guide to Bitcoin

Learn everything you need to know about Bitcoin with this easy-to-understand beginner's guide. Discover how Bitcoin works, why it’s so important, and how to get started with cryptocurrency today....

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