Financial Planning | 4 Corner Financial

Understanding Registered Education Savings Plans (RESPs) in Canada

by 4 Corner Financial | Sep 1, 2023 | 2023, Blog, Family, financial advice, Financial Planning, Registered Education Savings Plan

What is an RESP? A Registered Education Savings Plan (RESP) is a unique savings account available in Canada, designed to assist individuals, such as parents or guardians, in saving for a child’s post-secondary education. Notably, anyone can open an RESP for a...

Federal Budget 2023 Highlights

by 4 Corner Financial | Mar 29, 2023 | 2023, Blog, Business Owners, dental benefits, Family, Financial Planning, individuals

On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures:New transfer options associated with Bill C-208 for intergenerational transfer.New rules for employee ownership trusts.Changes to how the...

2023 Financial Calendar

by 4 Corner Financial | Jan 1, 2023 | 2023, Blog, Financial Planning, Retirement, RRSP, Tax Free Savings Account

Welcome to our 2023 financial calendar! This calendar is designed to help you keep track of important financial dates and deadlines, such as tax filing and government benefit distribution. You can bookmark this page for easy reference or add these dates to your...

2022 Year End Tax Tips and Strategies for Business Owners

by 4 Corner Financial | Dec 6, 2022 | 2022, 2022 Only, Blog, Business Owners, Financial Planning, tax

Now that we’re approaching the end of the year, it’s time to review your business finances. We’ve highlighted the most critical tax-planning tips you need to know as a business owner.Salary/Dividend MixAs a business owner, an essential part of tax...

The Six Steps to Financial Planning

by 4 Corner Financial | Aug 1, 2022 | Blog, Financial Planning

The Six Steps to Financial PlanningMany people put off planning for their financial future because they’re overwhelmed with all the decisions they have to make. The good news is that there’s help at hand – in the form of a certified financial planner. A certified...

2022 Financial Calendar

by 4 Corner Financial | Jan 4, 2022 | 2022, Blog, Financial Planning

2022 Financial CalendarWelcome to our 2022 financial calendar! This “at a glance” document lists important dates, including when government benefits are distributed and tax filing deadlines. Be sure to bookmark this or add the dates listed to your personal...

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Understanding Registered Education Savings Plans (RESPs) in Canada September 1, 2023
Dive into the details of Registered Education Savings Plans (RESPs)! This guide covers how RESPs work, eligibility criteria, benefits, and government grants such as the Canada Education Savings Grant. Learn how to open an RESP and safeguard your child's educational future.
4 Corner Financial
Understanding Tax-Free Savings Accounts (TFSAs) August 1, 2023
A Tax-Free Savings Account is a powerful tool to help you achieve your financial goals. Whether you're saving for a new home, planning for retirement, or investing in your children's education, a TFSA can be a valuable part of your financial strategy. The flexibility and tax advantages it offers make it a great choice for […]
4 Corner Financial
Retirement Planning July 3, 2023
Most of us understand the benefits of sensible retirement planning but when it comes to actually creating your personal retirement strategy and putting it into effect it doesn’t feel quite as straightforward. The reality is that, while there are lots of variables to consider, it isn’t as difficult to create an effective plan for retirement […]
4 Corner Financial
First Home Savings Account (FHSA): What You Need to Know June 1, 2023
Are you looking to buy your first home in Canada? The First Home Savings Account (FHSA) could help make it happen. This savings plan allows first-time home buyers to save up to $40,000 tax-free, with contributions being tax-deductible. In this article and infographic, we cover everything you need to know about FHSA, including eligibility requirements, […]
4 Corner Financial
Don’t lose all your hard-earned money to taxes May 1, 2023
It’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that: 1. Learn how to make the most of the […]
4 Corner Financial