Young and Frederick - ScotiaMcLeod Whitby

A business often represents a lifetime of work and vision. However, despite almost three-quarters of business owners wanting to transfer control or exit ownership within the next decade, barely a third have a formal succession plan in place. Lack of a plan is also the most common reason family businesses fail to survive first-to-second generation ownership. 

With a little prodding, chances are most people would admit their finances could be better organized. For instance, they may not know whether they have enough life insurance, or even what kind is best for them. They may not be sure they’re getting the highest possible return or even whether they’ve made the right investment decisions. In short, they need a financial plan. Discover More Articles

For some, estate planning is difficult to think about, let alone engage in. While we understand the vital importance of getting our finances and legal affairs in order for our heirs, few of us make the time. It’s easy to put off — and besides, the term “estate planning” can conjure up notions of greater wealth than we feel we possess. Discover More Articles

With continued skepticism that the government will not be able to help support an individual’s retirement needs, the RRSP is one of the most important savings vehicle for your retirement. Not only are your contributions tax deductible, but all of the income earned on those contributions compounds on a tax deferred basis. Discover More Articles