a stack of gold coins that represents converting RRSP to RRIF

Converting an RRSP to an RRIF

Find out when you must convert your RRSP to an RRIF, and how to reduce your tax liability.

Continue Reading
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
grandparents take their grandchild on a walk

What is the RESP and how does it work?

Are you worried about saving for your child’s education after high school? Learn more about the RESP and how you can start saving now for your children's future, and get a boost from the Canadian government.

Continue Reading
a farm family stands in front of their barn

Why farm succession planning is so important

Having an estate plan that includes a Will is critical to having your assets distributed as you wished through the hands of your chosen executor after your death. Without a Will, the courts may appoint someone to liquidate or distribute your assets in a manner you might never have intended.

Continue Reading
FBC logo super-imposed over a laptop

FBC Reviews from farm & small business owners

If you want to read more about why our Members love our year-round, personalized, all-in-one solution for their farm or small business, here are some of our favourite reviews.

Continue Reading
stacks of gold coins

Should I use a RRSP or TFSA as a business owner?

Are you investing in a RRSP or TFSA? If you’re not, you’re missing out on tax savings.

Continue Reading