In this episode, host Jason Pereira welcomes Julia Chung, Chairperson of the Financial Planning Association of Canada (FPAC), to discuss the importance of professionalizing financial planning. They explore the establishment of FPAC, the different levels of membership, and the significance of the fiduciary standard. FPAC's commitment to continuous education, a unified vision, and creating a supportive community for financial planners is also highlighted. Julia emphasizes the value of finding advisors who genuinely seek to improve clients' financial lives and the collaborative nature of FPAC in providing top-tier financial advice.

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In this episode of Financial Planning for Canadian Business Owners, host Jason welcomes back Terry Ritchie, an expert in Canada US cross-border planning, to discuss the implications of the new US presidency on potential tax changes. The conversation covers important topics such as the unique US policy of taxing based on citizenship rather than residency, the financial complexities Americans in Canada face, upcoming legislative proposals, the implications of changes to social security and estate tax, and how these elements affect American expats living in Canada. Terry also provides insights on dealing with financial compliance and reporting requirements, and potential tax benefits under current and proposed legislation.

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In this episode, host Jason Pereira and guest Jason Watt delve into the complex and often misunderstood gray areas of insurance and tax law that business owners in Canada should be aware of. The discussion covers specific topics like the taxation of corporate-owned insurance, critical illness insurance without clear tax code definitions, and complex structures involving permanent life insurance. They also examine the potential pitfalls of corporate insured retirement plans, challenges with health spending accounts for solo operators, and the obligations and risks faced by insurance agents and financial planners. The episode aims to equip listeners with essential knowledge to navigate these gray areas and avoid common pitfalls.

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In this episode, host Jason Pereira talks to Steve McEwen of My HSA about defined contribution benefits programs, commonly known as health spending accounts in Canada. Steve explains how My HSA provides a turnkey platform for advisors to manage these accounts, offering a flexible and cost-effective alternative to traditional benefits plans. The discussion covers the differences between health spending accounts and traditional insurance-based benefits, the advantages of defined contribution plans, and their various applications for businesses of different sizes. Steve also addresses common misconceptions and the importance of using third-party administrators to handle employee claims. The conversation concludes with insights into the administrative process and fraud prevention measures.

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Jason Pereira Interviews Dr. Daniel Crosby on Money, Meaning, and Health in his new book: The Soul of Wealth Jason Pereira relaunches his financial planning podcast with a special video edition featuring Dr. Daniel Crosby, a clinical psychologist and New York Times bestselling author. They discuss the deeper purpose and meaning behind financial wealth, the importance of health and well-being, and the insights from Dr. Crosby's latest book, 'The Soul of Wealth: 50 Reflections on Money and Meaning.' Key topics include the PERMA model for life satisfaction, the pitfalls of hedonistic adaptation and the arrival fallacy, and actionable strategies for business owners to find purpose beyond their financial goals.

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In this episode, Jason talks to Jon Shell about the advent of employee ownership trusts in Canada, a game-changing legislation that addresses previous concerns and paves the way for a more inclusive and equitable business ownership structure. Through a deep dive into the intricacies of this model, listeners are offered a comprehensive understanding of its benefits, implications, and transformative potential for both business owners and employees alike.

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In this episode, Jason Pereira discusses the world of virtual assistants for financial advisors, featuring insights from Andrew Evans, Founder of ROffice. Through their conversation, listeners gain valuable knowledge on how virtual assistants can revolutionize the way financial advisors operate, ensuring efficiency and effective client service. This episode is a deep dive into outsourcing certain business operations to optimize service delivery and business growth.

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Jason talks to Richard Parker, owner of the Diomo Corporation. They delve into the critical aspects of buying and selling businesses, focusing on the complexities around what sellers might not disclose and how buyers can navigate these challenges for a successful acquisition. The conversation offers a wealth of insights, drawing from Parker's extensive experience in helping individuals acquire businesses in the lower market.

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On today’s episode of Financial Planning for Canadian Business Owners, Jason Pereira interviews Tim Hewson, CEO of LegalWills, an online platform providing millions of users with a simple and accessible solution for creating legal and compliant wills. Tim discusses the importance of having a will, the challenges of estate planning, and how Legal Wills aims to demystify the process.

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On today’s episode of FPCBO, Jason talks to Aravind Sithamparapillai, an associate at Ironwood Wealth Management Group. Aravind is known for his unique and novel research on the cost of the Canada Pension Plan, and they will talk about the intricacies of Canada Pension Plan and its often-underestimated value for business owners. During the conversation, Aravind and Jason delve into the comprehensive out-of-pocket expenses for employees, taking into account tax credits and deductions. The dialogue explores the fluctuation in costs depending on income levels and the potential for tax savings.

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In today’s episode of FPCBO, host Jason talks to Ron Butler, the founder of Butler Mortgages and a prominent figure in the Canadian mortgage space. Ron, known for his insightful Twitter presence, discusses the impending "perfect storm" of mortgage renewals and the current interest rate landscape in Canada.

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In today’s episode of FPCBO, host Jason talks to Sandy Pollack, author of the book "Don't Leave a Mess." The focus of the book revolves around estate planning, emphasizing the crucial distinction between financial thinking and financial planning. Sandy delves into the necessity of understanding both concepts to effectively navigate the complexities of financial management.

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On today’s episode of Financial Planning for Canadian business Owners we have repeated guest Scott Terrio, manager of Consumer Insolvency at Hoyes Michalos. Scott is here to discuss the impact of COVID-19 on businesses, focusing on the Canadian Emergency Business Account (CEBA). Jason and Scott will also delve into the economic challenges faced by various sectors and the diverse effects of the pandemic on businesses and the unexpected impacts on certain sectors during different phases.

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