Putting a Priority on Women’s Mental Health

As easy as it is to say that mental health is health, it’s never quite that simple for women. Career and personal successes are often achieved in spite of the many challenges and roadblocks accomplished women come up against....

Read more

Intergenerational Transfers of Family Businesses – Proposed Tax Changes

The Canadian tax legislation contains a number of anti-avoidance tax measures such as those which seek to prevent corporate ”surplus stripping,” that can create a higher tax cost on the transfer of a business to a family member versus a sale......

Read more

The Valuation of a Professional Service Practice

A professional firm’s financial statement generally outlines tangible assets such as, cash, accounts receivable, work-in-progress, furniture, and equipment at their depreciated or amortized book value. Intangible assets in the form of goodwill can ar...

Read more

When it Comes to Business Succession Planning, There’s No Time Like the Present

Between a pandemic, inflation, interest rates and potential recession, there’s not an entrepreneur on the planet who hasn’t had to tear up at least part of their business plan over the past three years. Now, with economic concerns continuing for the...

Read more

Athletes and Mental Health: 4 Ways to Protect Yourself from The Pressure

Most sports fans assume professional athletes are living the dream, getting paid a hefty salary to do the thing they love, all day, every day. If you’re an athlete yourself, however, you know the reality: the dream comes with an enormous amount......

Read more

Is a Professional Corporation Right For You?

Many professionals incorporate their practices to enjoy the same benefits as other self-employed incorporated individuals....

Read more

Tax Planning for Physicians - Professional Corporations

Many physicians incorporate their practices to enjoy the same benefits as other self-employed incorporated individuals. However, important tax changes affecting Canadian private corporations that were introduced several years ago can have significant...

Read more

Tax Planning for Business Owners - The Capital Gains Deduction

For 2023, business owners can use the Capital Gains Deduction to shelter up to $971,190 of capital gains on the sale of shares of a qualifying small business corporation....

Read more

International Women’s Day 2023 - BMO Private Wealth calls on us all to define and #EmbraceEquity

This year’s theme for International Women's Day (IWD) is #EmbraceEquity with a focus on starting conversations around why equal opportunities alone do not suffice. Although the terms equality and equity are often used interchangeably, there is a key...

Read more

The Health and Wealth Connection

It makes sense then that good health can improve your work performance, which may lead to advancement opportunities and higher lifetime earnings....

Read more