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Setting Up My Employee Benefits Program
Setting up an effective employee benefits program for building a competitive workforce, and we can help. We can guide you through the process and help you establish a comprehensive program that suits your needs and budget. From setting up a group benefits budget to selecting a provider and communicating the plan to your employees, we’re here to assist you at every step. Contact us today to learn more about how we can help you create a successful group benefits program.
Advocis Golden Triangle Pleased to Donate to Cystic Fibrosis Canada
At its recent Christmas Gala, Advocis Golden Triangle was pleased to support Cystic Fibrosis Canada with a $3,000 donation of proceeds from the chapter’s 2022 Charity Golf Tournament.
Insured Retirement Program
For higher income earners who wish to contribute more to their pension savings than they can benefit from under the plans which are subject to annual caps, options can be limited. The insured retirement program is an effective way to bridge the retirement savings gap for such individuals in a cost-effective way.
First Home Savings Account: What You Need to Know
Are you looking to buy your first home in Canada? The First Home Savings Account (FHSA) could help make it happen. This savings plan allows first-time home buyers to save up to $40,000 tax-free, with contributions being tax-deductible. In this article and infographic, we cover everything you need to know about FHSA, including eligibility requirements, contributions and deductions, qualifying investments, withdrawals, and transfers.
Federal Budget 2023 Highlights
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 Alternative Minimum Tax is calculated.
• Improvements to Registered Education Savings Plans.
• Expanding access to Registered Disability Savings Plans.
• Grocery rebate.
• Deduction for tradespeople tool expenses.
• Automatic tax filing.
• New Canadian Dental Care Plan.
Ontario 2023 Budget Highlights
On March 23, 2023, the Ontario Minister of Finance delivered the province’s 2023 budget. Our article covers the highlights as follows:
• Corporate tax credits.
• Indirect tax changes.
• Increased healthcare options.
• Supporting communities.
• Supporting the economy and infrastructure.
Tax Tips You Need To Know Before Filing Your 2022 Taxes
It’ll be time to file your 2022 taxes soon, and you must take advantage of every tax credit and deduction you can! Our article covers the following:
• Canada Workers Benefit.
• Claiming home office expenses.
• The tax deduction for zero-emissions vehicles.
• Return Of Fuel Charge Proceeds To Farmers Tax Credit.
• Eligible Educator School Supply Tax Credit.
COMPOUND INTEREST: THE MOST POWERFUL FORCE IN THE UNIVERSE
Recently, I was discussing the concept of compound interest with a new client. Compounding, or compound interest, is rather complex. Basically, it explains how your investment grows over time because of the interest earned on both your principal and the accumulated interest.
WAIT…HOW DO YOU SAY IT?
Over the years we’ve heard just about every pronunciation of our name and sometimes people even start our name, but then just wait for us to finish it!
Well let us officially help you out! We are Davlyn (Dav-Lin). Our name is the combination of our co-founders’ names: David and Linzie. But don’t worry: we’ll accept any pronunciation, we’re just happy to hear from you!
Call us today at 519-651-1246 x1000 to set up an appointment.
10 REASONS WHY LIFE INSURANCE IS BETTER THAN MORTGAGE INSURANCE
Have you ever wondered what the difference is between mortgage and life insurance is? Well, surprisingly it can make a big difference in how you protect your loved ones. David Reeve sat down to help you understand why life insurance is the better choice when it comes to meeting your insurance needs.