Skip to content

Archive for

May 31

The Smith Manouevre – Cash Damming’s Aggressive Younger Brother

Introduction

Are you someone who enjoys playing the stock market, looking to reduce your taxes and willing to take some risks? If you have answered yes to all of the above, the Smith Manouevre might be the thing for you. This strategy takes advantage of the equity in your home, cheap, deductible interest and how dividends and capital gains are taxed to build a tax-efficient investment portfolio that hopefully puts you well down the road to financial independence.

Read more

May 14

Cash Damming – Robbing Peter To Pay Paul (And Writing It Off, Too!)

Introduction

In my last blog, I laid out the principles behind deductible interest, along with a few suggestions on how to organize your affairs so that you can increase the size of your tax refund to pay down your debts sooner. It is now time to up the ante and discuss some of the more advanced techniques available. Today, I’ll focus on a technique that is primarily used by unincorporated business owners: cash damming.

Read more

May 2

You, Me and CPP

For many of us, our Canada Pension Plan will play a meaningful role in our retirement planning. All the same, many Canadians don’t fully understand how it works and the choices we have when we look to start retirement benefits. Read more