Everyone Pays Taxes Even Canada’s Olympic Medalists

According to Canadian tax laws, cash prizes awarded to Olympic medalist is taxable.  Olympic cash prizes range from $10,000 to $20,000 per member of the winning team.  Taxes are inevitable, make sure you are not caught off guard – plan accordingly so that you can keep more of it.

How Much Tax Are You Really Paying?

The Fraser Institute and the Canadian Taxpayers’ Federation (CTF) reports that 42% of an average Canadian family income goes towards taxes.  Taxes which are obvious and hidden.  Making sure to responsibly minimize your obvious taxes is something you need to figure out whether on your own or by a professional. …

Why Everyone Should Not Agree

People make your company in a large or small business.  Discouraging opposing views and ideas can be a dangerous road.  No one person can have all the answers including the founder of a company.  Find out why you need these type of people and how they set the company up …

A Simple and Effective Way to be More Productive

Time is a non-renewable resource.  This becomes very real very fast in the life of an entrepreneur.  “Thinking outside of the box” is what gives entrepreneurs the creativity needed to innovate and become better faster.  With what feels like a million things to do on your list finding a structured …

Entrepreneurship and Uncertainty

Life is full of uncertainty especially running a small business.  Learning to handle that well lays the foundation of success.  When trying something new and stretching yourself means leaving behind what is familiar, comfortable and predictable.  Find out how other successful entrepreneurs cope with uncertainty. http://www.forbes.com/sites/ashoka/2012/10/23/how-entrepreneurs-cope-with-uncertainty/#7a3d44704b85

Events Going On Around Town

Being an entrepreneur can often feel like a constant juggle of priorities with only so much time to go around.  And one very important area of your life is managing family time.  If you are looking to catch-up on some much needed family time, you may want to check-out these …

Reap the Benefits of Regularly Praising your Employees

Do you avoid giving praise to your employees?  Do you believe that doing so will negatively impact their productivity?  You may want to review that practice as research shows pride contributes greatly to perseverance and doing a job well done. https://hbr.org/2016/08/the-connection-between-pride-and-persistence

Social Capital

As Canadians, we are fortunate to live in one of the wealthiest countries in the world. A recent study found that three of the world’s five most “liveable” cities are in Canada. However, with that advantage comes the opportunity to share with those who don’t have as much. We all …

Changes to Canada Pension Plan

On June 20, the finance ministers of the federal and provincial governments met to discuss broad changes to the CPP. They surprisingly came to a quick consensus and will be begin rolling out changes as of January 2019 with the program fully in place by 2025. While this seems like …