Blog | FBC, Canada's Farm & Small Business Tax Specialist
Finance Purchase of Equipment: Lease or Buy

To Lease or Not To Lease

Jul 18, 2018
Should you lease or buy when faced with purchasing new equipment for your farm or small business? The two most common options are borrowing funds to buy the equipment or leasing equipment from the supplier or through a third party.


Tags:

Continue Reading
Finance Purchase of Equipment: Lease or Buy

Equipment Buy Vs. Lease Calculator

Jul 18, 2018
Should you lease or buy? Use this calculator to find out! We calculate monthly payments and your total net cost. By comparing these amounts, you can determine which is the better value for you and your business.

Tags:

Continue Reading
Passive Income for Private Corporations

Tax Increases in 2018 Affect Passive Income for Private Corporations

May 30, 2018
Investment income, also known as passive income, is being targeted in a big way. Passive income generally is defined as anything non-active, such as interest, dividends, rental and royalty income and capital gains and it appears the government is taking a two-step approach to managing it.

Tags:

Continue Reading
Tax strategies for Canadian Entrepreneurs

Small Business Tax Planning Strategies for Canadian Entrepreneurs

May 23, 2018
There are a lot of tax strategies that Canadian entrepreneurs can take advantage of to decrease their taxes and increase their income.

Tags:

Continue Reading
Saskatchewan Budget Report 2018

Saskatchewan Budget Report 2018

Apr 11, 2018
On April 10, 2018, Finance Minister Donna Harpauer delivered her first budget as Finance Minister. The Finance Minister pointed to the province’s continued shift away from a reliance on natural resource revenue as a positive sign for the economy: Natural resource revenue is projected to make up 10% — or $1.48 billion — of what the province brings in.

Tags:

Continue Reading
Everything You Need to Know About Foreign Investment Taxes

Everything You Need to Know About Foreign Investment Taxes

Apr 11, 2018
Canadian residents need to pay Canadian income tax on foreign investments. Understanding the taxation rules of foreign investments can help minimize your tax burden.

Tags:

Continue Reading
Ontario Budget Report 2018

Ontario Budget Report 2018

Mar 29, 2018
The 2018 Ontario budget contains several tax measures affecting individuals and corporations, including the elimination of the high-income surtax from the calculation of total Ontario personal income tax.

Tags:

Continue Reading
Calculating Taxes when Day Trading in Canada

Calculating Taxes when Day Trading in Canada

Mar 28, 2018
Are you a day trader or a non-professional trader? Knowing the difference will have a big impact on your taxes.

Tags:

Continue Reading
Trans Pacific Partnership is Signed!

Trans Pacific Partnership is Signed!

Mar 26, 2018
The Comprehensive & Progressive Trans-Pacific Partnership (CPTPP) agreement (formerly the 11-member Trans-Pacific Partnership agreement, or TPP-11) was signed by its member states, including Canada, on 8 March 2018. The agreement covers a market of 495 million people with a combined GDP of CAD$13.5 trillion, or nearly 13.5% of global GDP.

Tags:

Continue Reading
Alberta Budget Report 2018

Alberta Budget Report 2018

Mar 23, 2018
Alberta faces 5 more years of deficit and billions of dollars in mounting debt before it sees a balance sheet back in the black. It tells a story of an economy still recovering from a lingering oil price shock and struggling with the market access problems with its crude.

Tags:

Continue Reading
"Let him who would enjoy a good future waste none of his present." — Roger Babson