Avoid the Ticking Tax Bomb in Your Family Business
"You must pay taxes. But there's no law that says you have to leave a tip." Wise words from a classic Morgan Stanley ad. Taxes are inevitable part of creating wealth through your business…
My Company Is Insolvent—What Are My Options?
After running the numbers, you’ve determined your company is insolvent. With that in mind, what are your options as a business owner? Although it may seem like a dire situation, there can be positive…
Understanding Your Group Benefit Plan. Is It Enough?
Group benefit plans, which vary from one organization to another, provide employees with a range of benefits which may include insurance, investments and health benefits. In this article, Glen Nortje addresses the underlying question—is…
Six Steps to Achieving Financial Wellness as a Family
It’s never too early to map out your financial future as a family. While families differ in their end goals, there are frequently occurring themes that arise. In the second article of his family…
Alternative Financing Could Be the Key to Long-Term Profitability
Gaining access to financing can be challenging in the best of times, so you’d be forgiven for thinking it’s not in the cards during a global pandemic. However, this assumption couldn’t be…
Debunking 5 Myths About Interim Executives
An interim executive can be an ideal hiring solution when strong and steady leadership is needed, however they are often misunderstood and overlooked. Charlene Bergman seeks to debunk five common myths about interim executives and…
A Cautionary Tale in Bankruptcy: When HST Came Back to Bite
In the past 18 months, the CRA has become more active in reversing the input tax credits on HST payables for bankrupt companies, on the premise that underlying payables will not be paid. John Hendriks…
How to Start Planning for Your Family’s Financial Future
Family financial planning and wealth management are probably the least likely topics of discussion around the dinner table. While these vital topics have a far-reaching impact on each family member, avoidance may be attributed…
Family Business: Eight Keys to a Smooth Transition
Are you a business owner looking to transition out of your family business? Retirement may be right around the corner, however there are many details you should consider before hanging it up. Philip Evenden provides…
Bringing Human Resources into the Inner Circle
What should a forward-thinking CEO expect from their Chief Human Resources Officer (CHRO), and how can the CHRO support, collaborate with, and educate the CEO? Farber’s Human Capital Consultant, Sandy Heymann, along with…