In April 2024, the Government of Canada announced a proposed increase to the change in the capital gains “inclusion rate” from ½ to 2/3rds for dispositions on or after June 25, 2024. However, with no legislation on the table in Parliament, and with Parliament currently prorogued, there was uncertainty whether this change would become law,…
Digital advertising can be overwhelming. With Meta Ads (Facebook/Instagram) and Google Ads leading the charge, it’s hard to know where to invest your budget. The truth? Both platforms are incredibly effective, but their success depends on how you use them and how they fit into your broader marketing plan. Why Use Meta Ads? Meta Ads…
Let’s cut to the chase—if your brand isn’t leveraging video marketing yet, you’re leaving money (and attention) on the table. With video content projected to dominate over 80% of all internet traffic in 2025, it’s no longer a “nice-to-have”—it’s a must. And no, we’re not just talking about polished commercials or cringe-worthy corporate montages. Today’s…
GST/HST “Holiday”: Temporary Tax Relief on Select Essentials On November 21, 2024, the Government of Canada announced a temporary Goods and Services Tax/Harmonized Sales Tax (GST/HST) relief on select holiday essentials. This measure applies from December 14, 2024, to February 15, 2025, offering temporary support to Canadians by removing GST/HST on specific categories of goods…
On April 16, 2024, the Minister of Finance tabled the 2024 Federal Budget. While no changes were made to the federal personal or corporate tax rates, there are some key changes to be aware of: Effective June 25, 2024, the inclusion rate on any capital gains in a corporation or trust will increase from 1/2…
When it comes to digital marketing, the debate between handling it in-house or outsourcing to an agency is ongoing. However, for many businesses, especially those looking to scale quickly or needing specialized expertise, hiring a digital marketing agency can be a game changer. Let’s explore why opting for an agency might just be the strategic…
Ask the average Canadian what their most valuable asset is, and if you are a homeowner, you would likely say your principal residence. While that is likely true when it comes to something tangible you can buy or sell, it is far from your most valuable asset.Your ability to earn an income is your most…
It’s no secret… We have to start paying attention to video in our marketing strategies, people. TikTok has emerged as a powerhouse platform, capturing the attention of millions worldwide. But the burning question for many entrepreneurs is: should your business take the leap into TikTok? Let’s cut through the noise and look at some critical…
In 2024, the entrepreneurial journey is as thrilling as it is challenging. On our own bookshelf, we’ve gathered four books that stand out as beacons for entrepreneurs navigating this year’s unique landscape. These aren’t just any books; they’re our personal picks, chosen for their ability to offer fresh perspectives, actionable strategies, and the inspiration to…
Recent amendments to the Income Tax Act have introduced significant changes for bare trusts, particularly in terms of reporting beneficial ownership information. Historically, bare trusts were exempt from filing a T3 Return. However, the landscape has shifted. Now, with few exceptions, bare trusts are mandated to submit a T3 Return annually. This is required even…
