by afa | Aug 1, 2024 | Blog, business owners, financial advice, Financial Planning, Group Benefits, health benefits
Group benefits can be intricate both in their establishment and administration. There are numerous details and considerations to be aware of when purchasing a group benefits plan, one of which is the target loss ratio (TLR).Key Questions Addressed:What is a target...
by afa | Jun 3, 2024 | Blog, Debt, disability, Disability Insurance, Family, financial advice, Financial Planning, Individuals, Insurance, RDSP
Taking charge of your family’s financial well-being through effective budgeting is a crucial step in securing a brighter future. We’ll explore the significance of budgeting and provide practical tips to help you manage your money wisely while ensuring the...
by afa | Apr 22, 2024 | 2024, Blog, business owners, Family, financial advice, Financial Planning, Individuals, Investment, Retirees, Retirement
With the upcoming 2024 Canadian tax rule changes, it’s important to review your financial strategies. We’ve identified the key changes that we expect to influence financial decisions for investors, business owners, incorporated professionals, retirees, and...
by afa | Apr 18, 2024 | Blog, business owners, Estate Planning, Family, Financial Planning, incorporated professionals, Individuals, Investment, mortgage, personal finances, Professional Corporations, Professionals, Retirees, Retirement, tax
On April 16, 2024, Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, presented the federal budget. While there are no changes to federal personal or corporate tax rates, the budget introduces: An increase in the portion of capital gains...
by afa | Apr 3, 2024 | 2024, Blog, corporate, Family, financial advice, Financial Planning, tax
This year’s tax deadline is April 30, 2024. It’s important to make sure you’re claiming all the credits and deductions you’re eligible for. We’ve separated this article into 2 sections: What’s new for 2023Individuals and FamiliesWhat’s New for 2023Advanced Canada...
by afa | Mar 5, 2024 | Blog, financial advice, Financial Planning, Insurance
Are you tired of using your hard-earned after-tax dollars to cover medical expenses? As a business owner, the burden of managing healthcare costs can be overwhelming. However, there’s a little-known solution that can alleviate this financial strain – the...
