by Davlyn Financial | May 31, 2023 | Blog, group benefits
As a specialist in Canadian group benefits, setting up an effective employee benefits program is essential for building a competitive workforce. A comprehensive benefits program not only attracts and retains top talent but also demonstrates your company’s...
by Davlyn Financial | May 13, 2023 | Blog, estate planning, life insurance, retirees
There are a number of mechanisms available for individuals to save in a tax-efficient manner for their retirement – from employer-sponsored pension plans to government plans, RRSPs (registered retirement savings plan) or TFSAs (tax free savings account). But, for...
by Davlyn Financial | Apr 10, 2023 | Blog, investment
The First Home Savings Account (FHSA) is a savings plan designed for first-time home buyers in Canada, which allows them to save up to $40,000 tax-free. Contributions to an FHSA are tax-deductible, similar to Registered Retirement Savings Plans (RRSP). Additionally,...
by Davlyn Financial | Apr 7, 2023 | 2023, Blog, business owners, dental benefits, Family, financial planning, individuals
On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures: New transfer options associated with Bill C-208 for intergenerational transfer. New rules for employee ownership trusts. Changes to how the...
by Davlyn Financial | Apr 7, 2023 | Blog, business owners, individuals, Ontario Only, tax
Ontario 2023 Budget Highlights On March 23, 2023, Ontario’s Minister of Finance delivered the province’s 2023 budget. Here are some of the highlights. No Changes To Corporate or Personal Tax Rates Budget 2023 did not change Ontario’s corporate or personal tax rates....
