As a financial advisor, I make a point of keeping current with issues that pertain to the financial health of my clients and their families.
Last week, Finance Minister Jim Flaherty delivered his federal budget for 2013. Here is an overview of budget highlights that may affect your financial plan.
Small business owners
Tax on dividends out of your small business corporations will increase about an overall 2%, that is not a very good news, but dividending out your money is still has lower tax rate than having a salary from your corporation.