The Canada Emergency Wage Subsidy Increasing from 10% to 75% Wage Subsidies for qualifying businesses. This will greatly help businesses maintain payroll & employment with positive spinoffs for the economic recovery on the other side of the pandemic. Will cover 75% of salary on the first $58,700 earned, back dated to March 15 Any […]
Government introduces Canada Emergency Response Benefit to Help Workers and Businesses
March 26, 2020
Please find attached the Federal Government’s: Canada Emergency Response Benefit (CERP) legislation approved on March 25th ; intended to provide up to $1,800 month net to workers who have lost income to the COVID -19 pandemic for up to 4 months. Government introduces Canada Emergency Response Benefit to Help Workers and Businesses
Flattening the Virus Curve/Arresting Market Declines
March 25, 2020
We now all understand the logic of social distancing and self-isolation: until recently, unfamiliar phrases. US Senator Dr. Bill Cassidy says that by so doing, on average, we will avoid infecting six others; which will have a greater impact than all the health workers in the country in flattening the curve as a […]
Nine Changes for Taxpayers That Come With the COVID-19 Economic Response Plan
March 24, 2020
The Federal Government has been rolling out financial supports at a rapid pace for Small, Medium Businesses (SMB), Employees, Tax Payers, Self Employed, Individuals & Sectors at financial risk. We will endeavour to post updates as they occur. Please find a link to Tim Cestnick’s excellent piece for taxpayers in the March 20th, 2020 Globe […]
Covid-19 Economic Response Plan
March 24, 2020
Governments around the world are rolling out economic responses to Covid-19. The Federal Government of Canada’s response to date has been welcome; but economists are predicting it will continue to expand, particularly for small businesses, Possibilities? Expansion of wage subsidy programs for small businesses; deferring the April 1st planned increase in the carbon tax as […]
Life insurance can be a core strategy for retirement savings
January 31, 2020
As many of our clients know – the attached Tim Cestnick article speaks to both a risk management and tax efficient strategy which Etherington Generations has long utilized as a part of an overall approach to retirement and estate planning. Please note that only the actuarially adjusted gain portion of the CSV over the premiums […]
When Is The Right Time To Transfer Wealth
August 19, 2019
This article references a number of good reasons why inter-generational wealth transfers occur; but fewer relating to two of the most important questions: WHY are Parents & Grandparents & other Family members motivated to transfer their wealth to the next generation? HOW best to responsibly prepare the recipients for a legacy gift? We will address […]
Why Are Families Motivated To Transfer Wealth?
August 17, 2019
Wealth can represent such hard assets as stocks, bonds, cash, real estate, businesses, art, cultural treasures, jewellery, inheritances and trusts. We are privileged to live in a country that equally values such assets as integrity, a moral compass, education, diligence, trust, leadership, innovation, opportunity, freedom of movement, thought & spirituality, integration, immigration, stewardship, kindness and […]
How Best To Prepare The Recipients For A Legacy Gift?”
August 16, 2019
Traditional estate planning concentrated for a long time upon hard assets: the money; whereas its originators now embrace a more effective approach driven by some of life’s most treasured assets: values & relationships. Tax planning, legal and accounting advice often drove the process, whilst still incredibly important, legacy giving is about much more than […]
Key Ingredients of the Shareholder’s Agreement in the Transferring of Shares & Investment Buy Out
February 14, 2019
A great wit once said that: “ The two best days of owning a boat are the day that you bought it and the day that you sold it.” You don’t have to be nautically inclined to make the same parallel with a Family Business. If from the outset you and your partners are maintaining […]
