by Legacy Wealth | Nov 1, 2020 | Blog, Business Owners, Family, Retirees
Segregated Funds and Mutual Funds often have many of the same benefits such as: Both are managed by investment professionals. You can generally redeem your investments and get your current market value at any time. You can use them in your RRSP,...
by Legacy Wealth | Oct 12, 2020 | 2020, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners
The Canada Recovery Benefit (CRB) is now open for applications.As described on the Canada.ca website, the CRB gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance...
by Legacy Wealth | Oct 8, 2020 | 2020, Blog, Coronavirus, Coronavirus - Practice Owners
On October 9th, the Federal Government announced the new Canada Emergency Rent Subsidy (CERS), the extension of the Canada Emergency Wage Subsidy (CEWS) and additional loans through the Canada Emergency Business Account (CEBA).New Canada Emergency Rent Subsidy for...
by Legacy Wealth | Oct 4, 2020 | Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students
Starting October 5, 2020, the Government of Canada will be accepting online applications for the Canada Recovery Sickness Benefit (CRSB) and the Canada Recovery Caregiving Benefit (CRCB). From Canada.ca:Canada Recovery Sickness Benefit (CRSB)The Canada Recovery...
by Legacy Wealth | Sep 30, 2020 | Blog, Business Owners
As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.When deciding to...
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