Freedom to Take Your Time

Freedom to Take Your Time

From the time we are young, we are taught that decisions about money are not to be taken lightly. We need to take the time to decide where our hard-earned money goes. Whether it is saving up for a car, a holiday or a home, life experience familiarizes us with the pillars of financial literacy.…

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Donate Now, Disburse Later

Donate Now, Disburse Later

Are you facing additional or unusual taxable income? Consider a Generosity Plan™ to help you make a strategic donation now and support your favourite charities for years to come. John* was nearing retirement when an economic downturn forced his company to make some tough decisions. The severance package he received provided more than he needed…

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Seasons of Generosity

Bob and Anita's Generosity Story

Generosity happens in every season of life, but the amount of time, money, or energy we can give will certainly vary. “We are called to give whichever one [time, money, energy] we have in abundance,” explains Bob Tiessen, a life-long practitioner of generous giving. Establishing Generosity: The Early Years of Giving As children growing up…

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A Business Option Worth Considering

A Business Option Worth Considering

Business succession planning provides the perfect opportunity to use strategic generosity to fulfill your charitable aspirations while maximizing tax efficiency. The majority of small and mid-sized businesses in Canada are owned by individuals over fifty[1]. Within the next 10-20 years, many of these businesses will experience an ownership transition due to life events such as: Retirement…

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A Moment of Kindness

It wasn’t really a bad day, but there had been enough inconveniences to put me in a bad mood. I tripped and bruised my knee. The milk was sour, a fact I only discovered after it was in my mouth. I was stood-up at a meeting I’d confirmed. The zipper on my jacket broke. None of…

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Worth the Effort: Donating Private Company Shares

Worth the Effort: Donating Private Company Shares

Writing a cheque may be the most obvious way to give to charity, but if you own shares in a Canadian Controlled Private Corporation (CCPC), donating those shares to charity in-kind has the potential to provide significant additional tax benefits. Complex rules apply to this gift planning strategy, but with proper planning and professional advice…

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January 2021 Newsletter

January 2021 E-News

In our first e-news of 2021, we offer you inspiring examples of the different ways people give and the mutual benefits of generosity. web.abundance.ca/cn/a4f7n/january2021

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