Financial Drawing Board
  • HOME
  • ABOUT
    • ABOUT US
    • ABOUT FDB
    • OUR PROCESS
      • 6 Steps to Maximize Your Wealth Potential
      • Get out of Financial Confusion Video
      • Make Financial Decisions
      • Pathway to Success
      • Strategic Model
    • Privacy Policy and Websites Term of Use
    • Value of Advice
  • SERVICES
    • LIFE STAGES
      • Starting your career
      • Growing Families
      • Mature Families
      • Preparing for Retirement
      • Retirees
    • BUSINESS STAGES
      • Business Succession
      • Executive Benefits
      • Group Benefits
      • Tax-Effective Way to Hold and Distribute Assets?
    • Association Health and Dental
    • Individual Health
    • Travel Insurance
    • Get a Quote
  • BLOG
  • CALCULATORS
  • CONTACT
  • Financial Designs that Inspire and Empower

Families

We provide strategies to help families to accumulate and protect your wealth.

Business Owners

Strategies to help increase your personal cash flow, keep key employees and protect your business.

Latest News

The Duties of an Executor

May 14, 2017Eric Wachtel

An executor is an individual or institution that is named in a will whose duty is to distribute estate assets according to the testator’s wishes. Acting as an executor can be stressful and time consuming so it is a good…

Read More

Debt Is a Four-Letter Word

April 11, 2017Eric Wachtel

Debt today is so common, you might say it can’t be avoided. Most people are not in a position to purchase a house or car for cash, while those who can buy such things outright may prefer to finance and…

Read More

Thinking of Cancelling Your Life Insurance?

March 13, 2017Eric Wachtel

Have you found yourself wondering if you really need that life insurance policy you pay for every month?  You are not alone. As time goes on we often forget the reasons behind purchasing the amount and type of coverage we…

Read More

What the Wealthy Know about Life Insurance

February 13, 2017Eric Wachtel

If you have ever thought that life insurance was something you wouldn’t need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals still carry large amounts of insurance.  Consider the…

Read More

Retirement – Are you Prepared?

January 17, 2017Eric Wachtel

Whether you are decades away from retirement or if it is just around the corner, being aware of the planning opportunities will take the fear and uncertainty out of this major life event. Blue sky your retirement plans to get…

Read More

Government of Canada to allow up to $400 for home office expenses

December 29, 2020Eric Wachtel

For the 2020 tax year, the Government of Canada introduced a temporary flat rate method to allow Canadians working from home this year due to Covid-19 to claim expenses of up to $400.

Read More

Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now

December 7, 2020Eric Wachtel

Finance Minister Chrystia Freeland recently provided the government’s fall economic update. It included information on the government’s strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We’ve summarized the highlights for you:

• Corporate Tax Changes, including extensions to subsidy programs.

• Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new “Work from home” tax credit.

• Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields.

For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.

Read More

Applications for the new Canada Emergency Rent Subsidy starts today!

November 23, 2020Eric Wachtel

The new Canada Emergency Rent Subsidy is open for applications today! Unlike the previous program, this subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.

CERS covers up to 65% of rent for businesses, charities and non-profits impacted by COVID-19.

An additional 25% Lockdown Support is available during a public health lockdown order.

Read More

Posts navigation

1 2 3 4 … 56 >

Contact Us

Eric Wachtel
President

eric@financialdrawingboard.ca

Tel: 905 366 3866 ext. 3228 
Cell: 647-299-1102
  • LinkedIn

Mississauga Office:

5705 Cancross Ct Suite 200
Mississauga, Ontario
L5R 3E9

Markham Office

625 Cochrane Drive Suite 610
Markham, Ontario
L3R 9R9

Copyright © 2018 Eric Wachtel. Designed by Financial Tech Tools - All Rights Reserved.