Understanding Pension Splitting

Understanding Pension Splitting

Since its inception in 2007, pension splitting has enabled taxpayers in a common-law relationship or marriage to split eligible pension income with a spouse, provided they meet all requirements. A useful way of saving on taxes and mitigating credit erosion, pension splitting allows for couples to work together to create a more sound and secure […]

Salary vs. Dividends – Which is Right for You?

Salary vs. Dividends – Which is Right for You?

Many business owners are unsure of whether to opt for salary-based earnings or payments in dividends. There are various advantages and disadvantages between the two, and it is important to research whether or not one of these options is suitable for your business. By comparing salaries and dividends, we can clarify the differences between the […]

8 Tips for Arranging Travel Insurance

8 Tips for Arranging Travel Insurance

Purchasing travel insurance is a great idea because it reduces the financial risks of traveling. Potential issues like accidents, missed flights, lost baggage, illness, and theft can be mitigated with the right insurance plan. We have provided eight tips to help you choose the right travel insurance for you and your family: Activity Exclusions Make […]

*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.