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Finance

Jul 9, 2017
You sold your business! Now what?

BCBusiness + Raymond James Financial Planning Ltd. It’s one thing to trust thousands of dollars to a friendly investment adviser at the bank. It’s quite another to hand over millions. That’s the worry for many family-business owners after selling their life’s...

Jul 4, 2017
All in the Family: A Guide to Real Estate Transition Planning

BCBusiness + Martello Group Building a strong portfolio of commercial real estate holdings can take years of diligence and careful judgment, but many investors fail to consider what will come of these assets beyond their lifetimes. According to Wayne Smithies and his son, Warren, of Vancouver-based Martello Property Services, there are...

Jun 27, 2017
Money on the Table

BCBusiness + Ayming Many companies rely on bank loans, tax credits and private investment dollars to fund their growth and development. But these aren’t the only options available to you—the government is offering substantial funding in the form of grants. BCBusiness caught up with Laslo Cesar, director of finance & innovation...

Jun 26, 2017
#TradeTalks: These teenage B.C. entrepreneurs want to turn their business ideas into global exports
Nick Rockel

Georgiy Sekretaryuk works in the jewelry business, but not in the way you might think. The 18-year-old Coquitlam resident, who speaks Russian and Mandarin in addition to English and his native Ukrainian, also has Asian markets in his sights. Sekretaryuk...

Jun 16, 2017
How the real estate boom has left British Columbians feeling richer and poorer than they really are
Frances Bula

Rachel Harriman and her husband have seven times their annual household income—which is in the healthy $100,000-plus bracket—socked away, thanks to the sale of a condo several years ago along with savings from their earnings. Justin Jacobsen, who makes a...

May 24, 2017
When B.C. small businesses turn to Kickstarter, who wins?
Marcie Good

In June 2014, Colin Pickell, a coffee shop manager in Ladysmith, set out to raise $7,000 on crowdfunding platform Kickstarter Canada. He wanted to publish his children’s book, called Who Will Tuck Me Into Bed?, and he needed money to...

May 19, 2017
Grow Financial works behind the scenes to raise the banking industry’s digital game
Nick Rockel

Banks and credit unions look to 33-year-old Kevin Sandhu to help them keep pace with changing consumer demands. “We’re really the tech in fintech—that’s the problem, at the end of the day, I think we’re solving,” says the boyish founder...

Mar 9, 2017
Self-employed? Make dollars and sense of your income tax and benefit return
Canada Revenue Agency

Being self-employed means more than just having a good idea and the drive to make it happen. You also have to balance the books and fulfill your tax obligations with the Canada Revenue Agency (CRA). You already have the entrepreneurial...

Feb 6, 2017
British Columbians choose mortgages over RRSPs
Melissa Edwards

$24,100 That’s the average amount withdrawn by British Columbians who have taken money out of their RRSPs before retirement, according to a 2016 BMO study—51 per cent more than the national average. As Canadians scramble this month to make tax-year...

Jan 16, 2017
B.C. men and women have different financial priorities for 2017: poll
Felicity Stone

Last November Mustel Group conducted a provincewide telephone poll for BCBusiness, asking 500 people what they plan to do with their money in 2017. Overall the top choices were fairly evenly split between reducing debt (24.3 per cent) and saving for...

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