Propel Insurance and Advisory Inc.
8 Varsity Estates Circle NW Calgary, AB, Canada

If you don't have a group benefits plan setup this may be the time. It's one way to attract and retain good employees. Call us to find out more or leave a comment.

My latest linked in around health and money. Have a read if you are feeling stressed.

Federal Budget 2021 - Small Business Technology Incentives The budget is very extensive this year and many of the highlights may get missed. Of key note to me ,are the initiatives to support women, youth and small businesses. I will post a few lesser known initiatives that you may not be aware of over the next few weeks. I will start with the small and medium size business initiatives around technology. I think we can all agree that this is a must have coming out of this pan...demic. "Budget 2021 proposes to provide $2.6 billion on a cash basis over four years, starting in 2021-22, to the Business Development Bank of Canada to help small and medium-sized businesses finance technology adoption." See the link below for more details. https://www.budget.gc.ca/2021/report-rapport/p2-en.html

Conflict within a family business is common and quite normal. Ignoring it though is not the answer. This video link is short and to the point. A method for resolving conflict and a code of conduct can help. Families need a safe space to air concerns. https://familyenterprisefoundation.org//developing-a-code/

Do you or a family member have more than enough wealth to last the rest of your lifetime? If so, there are ways you can plan to transfer these assets to loved ones while still allowing flexibility and access to the funds.

Employing your children in your business accomplishes much more than just family tax savings! You can start to teach them about earning and saving money, work ethic, and even how to file a tax return! Of course there are rules that CRA has in place that you must follow! Have a read!

Are the future of family farms in Canada in jeopardy? Without the right conversations, they might be. I have been hearing more about this lately. There are still many family owned farms have not effectively discussed transition. Or if they have, younger family members are not interested in taking over the operations. Early discussions and the ability to have difficult conversations is key to a successful transfer and preservation of wealth. https://www.familyfarmsuccession.ca//are-we-talking-about-

You may already have life insurance to protect yourself, but have you thought about giving it to your children? This will give them the benefits of: Life insurance, fully paid up ... Guaranteed insurability in case they have a health status that would prevent them from being able to purchase life insurance as an adult Access to a source of liquidity, thanks to the surrender values Contact me so we can look at all the options available to you! https://ia.ca/life-insurance #investedinyou

Half of Canadians are losing sleep over their finances! Many feel they will never recover from the financial impact of COVID. Working with a financial planner has shown to decrease stress levels associated with money. We can help. We take a family approach by giving you tools to use at home to start conversations amd get everyone on the same page. Even the kids!! https://www.financialplanningforcanadians.ca//2020-financi

Interesting stats on the Canadian housing market for sure. House prices are expected to climb by 4.6% for the remainder of the year. 44 per cent of Canadians would like a home for more space for amenities and are shifting away from urban communities https://blog.remax.ca/canadian-housing-market-outlook/

I have always said that your success shouldn't be tied to your money or the return on your portfolio....money is just one piece of the puzzle. Checkout our Blog article on Time, Money and Happiness.https://www.propeladvisory.ca//time-money-happiness-how-to

Here is a great quote to remember as we come into the fall season. Remember to set your own portfolio strategy and not compare yourself to others. I think that this quote also applies to many other areas of our life as well.

Are you having trouble getting your family on a cash flow plan that everyone agrees on? That could be because it is too strict and doesn't allow for input from other family members. See our blog article below for an easy way to to do this. https://www.propeladvisory.ca//real-life-cash-flow-planning

Have you found that your expenses have dramatically reduced during COVID? Do you wonder what you were spending so much money on before? Here is a link to my recent blog article which can help families start the discussion around what expenses are necessary and which ones may not be going forward. https://www.propeladvisory.ca//essential-versus-non-essent