admin – Harbour Financial Group

Proposed Increase to the Capital Gains Inclusion Rate

May 13, 2024

News admin

You may have heard that the recently announced Federal Budget included a proposal to increase the capital gains inclusion rate as of June 25th, 2024. The capital gains inclusion rate determines how much of a realized capital gain is taxable, and has been set at 50% since the year 2000 – for instance, if you [...]

Buy-Sell Agreements

January 4, 2024

News admin

Every business owner should have a properly constructed ‘Buy-Sell Agreement’ in order to protect the owners/shareholders value in the business and ensure the continuity of the business if there’s a ‘triggering event’. Currently in Canada, only 1 in 3* has one. Over the years I’ve seen too many businesses get in trouble because the wishes [...]

I Need Life Insurance: How Much Is It

October 19, 2023

News admin

As an Advisor, I frequently get asked this question. And ultimately, it’s a very open ended question that has all sorts of moving parts. Most of us have never learned about how life insurance works, what the different types are, or how much it costs. But don’t worry, it’s not your fault! Many people, including [...]

Corporately Owned Life Insurance

July 5, 2023

News admin

Corporately Owned Life Insurance Every small business owner knows some of the tax advantages of having a small business. Borrowing money, deducting certain expenses, and having limited liability protection are all great reasons to incorporate. I talked about all considerations for incorporating in my last blog post. Most business owners however do not know about [...]

Lenders’ Insurance

June 5, 2023

News admin

Lenders’ Insurance Remember buying your first vehicle? Your first home? That student line of credit? Chances are, when you signed those forms, you were asked, “Would you like to protect your investment with life insurance?”, and your response may have been, ”What does that mean?”. What they’ll tell you is that if you die while [...]

1 2 3 … 5 »

Harbour Financial Group

Author: admin

Proposed Increase to the Capital Gains Inclusion Rate

Buy-Sell Agreements

I Need Life Insurance: How Much Is It

Corporately Owned Life Insurance

Lenders’ Insurance