a person is calculating salary vs dividends

Salary or dividends: Which one is right for me?

Choosing to pay yourself a salary or dividends will depend on your personal and business needs. Find out the differences and what each option could mean for you when deciding how to structure your compensation.

Continue Reading
a man selling his small business shakes someone's hand

The tax implications of selling your business

Selling your business to a family member has significant tax implications. Find out how an arm's length deal and a non-arm's-length deal are treated by the CRA.

Continue Reading
A sign that says FBC Reviews on it

FBC Reviews

We love hearing from farmers and small business owners on what they like about being a FBC Member. Read some of our favourite FBC reviews.

Continue Reading
a man in a wheelchair is writing at a desk

Understanding the Registered Disability Savings Plan

Do you have a disability or a child with a disability? Are you worried about saving for retirement? Then you should open a Registered Disability Savings Plan (RDSP) to help you start building long-term savings.

Continue Reading
a notebook that says "budget 2019" on it

Alberta budget report 2019

On Oct. 24, 2019, Alberta Finance Minister Travis Toews presented the province’s fiscal 2019–20 budget. Our tax analysts have reviewed the updates and listed the highlights.

Continue Reading
a man stands in front of several vans

FBC Member Spotlight: Duke Sewer Service Inc.

By the time Matthew Clayton was 25 years old, he was self-employed as a rental property owner and owned up to 20 houses in Regina, Sask. He already possessed the entrepreneurial spirit and work ethic that would help him start and run the successful company he still owns today - Duke Sewer Service Inc.

Continue Reading
dogs playing in a field at the Tail Waggin' Dog Ranch

FBC Member Spotlight: Tail Waggin’ Dog Ranch

For almost a decade, FBC Members Tim and Wendy Wallace have helped dog owners by caring for their pets at their cage-free facility in Muncey, Ont.

Continue Reading
 Home Style Electric

FBC Member Spotlight: Home Style Electric

In 2008, Jamie Myatt was working in the oil patch as an electrician when the economy took a downturn. When he came back home to Dartmouth, he found a job as a journeyman for a local company. But it wasn’t long before he felt unfulfilled in his role and decided to make the leap into running his own business. He launched Home Style Electric in 2009 on a shoestring budget.

Continue Reading
a farm family stands in front of a truck

FBC Member Spotlight: The Hagan Family

To say Alistair and Erin Hagan are busy is an understatement. The FBC Members and couple of almost 20 years run a family owned cattle farm in Virden, Manitoba. On top of their day-to-day operations on the farm, they also own and run Hagan Performance and Ranch Horse Sale.

Continue Reading
Marty hammond stands in front of his van, Ace of Spades Landscaping

FBC Member Spotlight: Ace of Spades Landscaping

For more than a decade, Marty Hammond worked for landscaping companies in Niagara Falls before deciding to strike out on his own. He wanted to provide superior service to customers and focus on quality over quantity. So in 2009 he took the leap and started his own company, Ace of Spades Landscaping.

Continue Reading
"You must gain control over your money or the lack of it will forever control you." — Dave Ramsey