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Curated thoughts and relevant ideas.
Curated thoughts and relevant ideas.
The 2018 federal budget clarified rules around passive income for Canadian Controlled Private Corporations. The threshold for passive income starting $50,000 has now made holding life insurance within the corporation even more important. Advisor.ca has created this article outlining several options for life insurance policies such as holding until death or withdrawing upon retirement. If…
WELCOME I’d like to welcome you to VELA’s new quarterly newsletter, GRAVITY. The intention of this communication is to provide timely, relevant ideas and content. Very best wishes, Jason Boudreau Principal & Founder WE ARE MOVING We are pleased to announce that we are one step closer to leaving the confines of…
More often than not, when you choose an organization to volunteer with or support, there is a personal story behind that motivation. This personal connection resonated no differently for me. A little over 4 years ago, I encountered a situation that I could never have imagined. One that continues to have a profound effect on my life, including how…
With the Liberal Government’s present focus on making life harder for business owners, it may seem like the benefits of owning and running a small business are diminished. With this in mind, we felt it important to re-visit some of the positive strategies that being self-employed and/or incorporated can bring which are not currently in…
FUNDAMENTAL changes to private corporations have been announced that could significantly affect entrepreneurs and incorporated professionals On July 18, 2017, the Canadian Department of Finance released a consultation paper that proposes ground-breaking modifications to the Income Tax Act. Should they become law, these proposals could drastically affect private companies and their shareholders. The proposals are a…
We all have a vision for our ideal life. The version of our best life that we hope to attain. The difference between achieving that life and dreaming about it comes from whether we are living our life by design, or by default.