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Goal Setting Done Right
While any time of year is a good time to set a new goal, the start of a new calendar year often makes it easier to commit to fresh beginnings.
To Sell or not to Sell
Every business that is built from the ground up faces challenges, not unlike nurturing and raising a child. This is why the question of whether or not to sell the business can be such a daunting one for business owners.
Risk Mitigation and the Family Enterprise
A family enterprise is any business or financial venture owned and/or operated by members of the same family, often spanning multiple generations.
The Rules of Engagement Around the Family Business
From Logan Roy’s brood on Succession to the Duttons of Yellowstone to the Bluth family in Arrested Development, there’s no shortage of nightmare family empire tales that paint an ugly picture of family and business.
Organizational Fraud Red Flags to Watch Out for
The Association of Certified Fraud Examiners (ACFE) in its latest Report to the Nations states, “occupational fraud is very likely the most costly and most common form of financial crime in the world.”
The Lottery Curse…and How to Avoid It
Recently, Alberta has seen a streak of lottery winners. For these fortunate individuals, and anyone else who might unexpectedly come into significant funds, Jeff Dyck, WealthCo’s Vice President of Insurance & Estate Planning, offers some valuable advice.
Financial Infidelity – How to Spot it and How to Avoid it
A few years ago, just before Valentine’s Day, Credit Canada hosted a social media contest asking Canadians to share their stories of financial infidelity.
Cybersecurity Considerations for Accounting Firms
It's a critical reminder for all businesses, especially considering that 75% of small- and mid-sized accounting firms say they would only be able to survive less than a week if they suffered a major cyberattack, according to a survey commissioned by CyberCatch earlier this year.
Identity Theft is on the Rise – How to Keep Yours Safe
Cybercrime surged during the pandemic, and identity theft was no exception.
To Stay or Not to Stay…is That the Question?
This thoughtful exploration often occurs when long-held beliefs are challenged, and the ramifications are significant.
Income Splitting Explained
Canadians pay a significant amount in taxes. Among the 38 member countries of the Organisation for Economic Co-operation and Development (OECD), Canada had a tax-to-GDP ratio of 34.4% in 2020, compared with the OECD average of 33.5%.