HASCAP financial relief program for businesses impacted by COVID-19

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The Highly Affected Sectors Credit Availability Program, or HASCAP, has been launched by the Canadian Government in an effort to provide financial support to businesses that have been hit the hardest by the pandemic. Eligible businesses can apply for aid as early as Feb. 1, 2021, at principal financial institutions, and more widely by Feb. […]

Preserving $2M Tax-Free Death Benefit of a Key Person Life Insurance Policy

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For many businesses, key person life insurance is critical to their risk mitigation strategy. This type of insurance solution helps to reduce the financial hardship that may occur upon the death of an essential employee, such as a top salesperson. This was the case for one Lower Mainland business that set up a life insurance […]