Principal Residence Declarations

Since 2016, Canada Revenue Agency has required Canadian residents to report the sale of any principal residence on their tax returns. If you sell your home and report it on your tax return, you should not have any problems with CRA, provided the home was really your principal residence. Recently, CRA was advertising that they […]

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What Should be in a Board Package?

Efficient boards send out a board package a week or more before each board meeting. The package includes an agenda for the upcoming meeting, the minutes from the past meeting and any other documents that a board member needs to review prior to the meeting. If there is confidential information then the board package is […]

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Most Common Board Question?

The number one question asked by people who are interested in serving on a board is “Does this group have board insurance?” That is an excellent question but not what the person really wants to know. What they want to know is – could anything bad happen to me because I am serving on the […]

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Painless Financial Training Group Inc. with Debi Peverill

Understand Financial Stuff, Painlessly