MoneySense at the MoneyShow: Top Canadian ETFs for This Year and Beyond + MORE Jul 6th
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Multigenerational Home Renovation Tax Credit: What is it and do you qualify? + MORE Sep 8th
Tesla's Q1 net income down 55% year over year - CBC News + MORE Apr 23rd
The best savings and investment accounts in Canada for 2024 + MORE May 1st
Should you leave corporate savings in your company?
– moneysense.ca
Withdrawing money from a corporation to invest
One of the first things to identify here, Chris, is your goal behind withdrawing the money from your corporate bank account. If you want to invest it, you can open a corporate investment account and transfer the funds into it. This way, the money stays within the corporation, and it won’t be considered a taxable withdrawal. The personal tax that can be deferred by leaving corporate savings in a corporation can be more than 40%. This is a compelling reason to incorporate your business and to accumulate savings within it.
Given the potential investment income from a $1-million corporate investment account, I should mention that recently introduced corporate tax changes may impact the taxation of your business income after you invest the funds…
What to Expect from CB’s Upcoming New Innovators Summit
– canadianbusiness.com
Canadian Business’s New Innovators List celebrates 50 homegrown companies that not only excel within their respected market, but bring diversity and resilience to the larger economic landscape in Canada. This month, in partnership with the Business Development Bank of Canada, Aria Wealth Solutions and our friends at AWSM Wine, we’re proud to announce the second New Innovators Summit, an exciting lineup of thought-provoking live and virtual programming with some of Canada’s biggest leaders in business.
Eva Wiese (photograph: Mercedes-Benz)
A Keynote Address on Trust and Leadership With Mercedes-Benz Canada
For the second of two events on March 8, join Eva Wiese, Mercedes-Benz Canada’s first female CEO, for a live Fireside Chat at The Drake Hotel. She’ll be discussing the importance of mentorship in building a great career, leveraging trust to create a powerful and inspired workforce, as well as what’s next for the automotive industry. 6 p.m. EST
A CB Insider Fireside Chat on the Future of Diversity
It’s a buzzword everyone has heard before—but what does workplace diversity really look like and what does it mean for the evolution of trust in corporate leadership? In conversation with SJC Media’s Jason Maghanoy, Charlene Theodore, chief inclusion officer at McCarthy Tétrault, will be tackling these questions and more in this insightful virtual discussion on March 8…
