Finuity Blog

The Dynamics of Operating and Holding Companies in Canada

It is important for business owners in Alberta to understand the different corporate structures in Canada. Choosing the right structure—whether an operating company (OpCo) or a holding company (HoldCo)—can significantly impact your organization’s strategic...

Dentists are hesitant to sign up for the new Canadian Dental Care Plan (CDCP)

An April 14, 2024, Global News article by Carolyn Kury de Castillo highlights concerns with the new Canadian Dental Care Plan (CDCP), which starts in May and aims to improve dental care access for seniors.  You can read on for a summary of the article, or watch...

Navigating Benefit Changes

The Need for Change In the rapidly evolving business landscape, staying ahead means continuously adapting—not just in how we do business but also in how we support our employees. At Finuity Wealth, we recognize that your team is your greatest asset, and providing them...
Enhancing Benefits to Attract Top Talent in 2024

Enhancing Benefits to Attract Top Talent in 2024

Navigating the Evolving Landscape of Employee Benefits In the fiercely competitive 2024 job market, businesses face the increasing challenge of both attracting and retaining top talent. This task has gone beyond simply offering attractive salaries. The modern...

2024 Tax & Savings Dates & Information

2024 Tax & Savings Dates & Information

Savings/Pensions RRSP contributions: Maximum contribution for 2023: $30,780 Last day for 2023 contribution: February 29, 2024 Maximum contribution for 2024: $31,560 January 1: new RRSP contribution room becomes available for 2024 December 31: deadline to contribute to...

Key Person Life Insurance: Essential Protection

Key Person Life Insurance: Essential Protection

The Essential Role of Key Person Insurance Key person life insurance is an indispensable tool for businesses of all sizes. This insurance, taken out on a key employee or executive, safeguards a company’s operations and financial health against the sudden loss of such...