Wealth On Main Street

For many Canadian business owners, paying cash for a new truck, vehicle, or piece of equipment feels like a financially responsible decision. There are no monthly financing payments, no additional borrowing commitment, and no loan interest. But there is another question worth asking: What opportunities might you give up by using that cash? Understanding Opportunity Cost Opportun...

Explore five IBC questions with Mike Smela and Richard Canfield, covering policy loans, funding limits, dividends, marketing and tax considerations.

Building a successful real estate portfolio requires more than finding profitable properties. It also requires maintaining access to capital when circumstances change. For real estate investors, liquidity is the ability to access money when needed without being forced to sell investments or rely entirely on additional borrowing. You might own several properties, have significant...

Listen on Spotify Additionally, this post shares one Canadian client’s experience for education. However, this is not insurance, financial, legal, or tax advice. Rules and timing vary by insurer, province, and country. Some personal details are left out on purpose; the full episode includes more, as shared by the guest. Policy Loans and Medical Emergencies: A Case Overview David...