Business Solutions

Building a business wasn’t easy. Let us help.

We spend a great deal of time with business owners, and we understand the pain points. We enjoy these conversations. It’s been your vision all along, and you may just feel the need to have someone help with understanding where to turn next. That’s where we fit in.

Supporting business owners in a variety of areas that help streamline the structure of their business, create strong innovative corporate solutions, that integrate with the values and vision of your business.

From helping you better understand how a strong employee benefits program can help your business grow, to assisting you protect a key employee, through to designing a customized owner compensation strategy, we can assist in strengthening your position in the marketplace.

Mapping out your growth minded vision, for your business.

Alignment with the goals, values, and long-term growth focus for your business.

Some of these areas include:

  • Employee Benefits & Pension Planning
  • Owner Compensation strategies
  • Tax planning
  • IPP’s
  • Foundations & Charitable Giving
  • Buy Sell Arrangements
  • Key Person planning
  • Corporate wealth management
  • Employee retirement seminars
  • Corporate risk management
  • Business Owner planning

We provide a complimentary audit of your current plan, your current employee benefits or pension plan, and will assist you in building out recommendations that best suit your needs.

What stage is your company in? Let us support your growth.


“We’ve got a great idea, initial cash, and some clients, we’re looking for more.”


“We’re building out our team, have experienced some initial pains, and mapping our plan to accelerate our growth”


“We’re scaling our services, trying to grow our company without diluting our success. We may need to review succession opportunities or current valuation.”


“Our market reach and engagement is significant, we stay current with innovation, creativeness, and focused direction”

Questions every business person should ask themselves

As a high earner, you are in a position to consider tax optimization and wealth-building tools that may not be available to others. However, in order to maximize the opportunities that you have created through years of hard work, you must begin your journey by pondering these questions.

  • Are you keeping as much of your paycheque as possible?

    Many high-earners want to create more wealth within the limits of their paycheque. There are several ways to accomplish that goal. Consider your contributions to various retirement savings accounts while being mindful of your family’s cash flow needs. A proper strategy can allow you to build your retirement savings and potentially lower your tax bill. There will be opportunities to have tax deductions on several investment solutions.

    Action: If your retirement account contributions have been on “autopilot” for more than 12-18 months, now is the time to revisit your choices.

  • Do you have a plan to take advantage of tiering your income in retirement?

    Your taxes in retirement will look very different from what they are today. As you plan for your eventual retirement, you have an opportunity today to arrange for different income sources and a strategically designed order of withdrawals in an effort to lower your tax burden.

    For example, some individuals may choose to fund their retirement with a sequence of draw-downs that represent tax-free return of capital. That may allow them to defer drawing down the growth portion of their accounts until later years.

    Pension income splitting between spouses could be a tax-saving option, as well.

    Action: Research tax rules as they apply to different income sources in retirement, so that you can direct your savings to appropriate accounts today. Consider combining “return of capital” strategy with a Tax Free Savings Account (TFSA), as one could receive return of capital and never have “deemed disposition” held in TFSA.

  • Are you taking full advantage of low-cost, high-income alternative equity investments?

    Unlike their more “traditional” counterparts (stocks, bonds, mutual funds, term deposits), alternative investments have only been available to a select group of institutional and accredited investors until recently. However, with financial innovation, legislation changes, and the introduction of less expensive versions of alternative investments that are available in fund versions from various companies, this asset class has now become accessible to families like yours.

    If you haven’t thought about adding alternative investments to your financial plan, now is the time to reconsider. Alternative investments can significantly increase your portfolio’s return, increase diversification during times of economic volatility, and get you access to some of the most skilled, sophisticated investment managers available.

    Action: Some of the alternative investments to consider include REITs, Infrastructure, Mortgages, ETFs, Private Debt & Equity. Work with your advisor to choose the right investment mix for you, as each class of investments has unique risks and benefits.

  • Can having a business investment plan help grow my company?

    As your business continues to grow, having a strong corporate investment plan can assist with a variety of areas. The conversations around having a good investment plan can involve reviewing the current structure of your business, usages of any holding companies, and how assets are being invested. Further conversations will explore the expected growth of the company, time horizons, needs & goals, and financial planning concepts [creditor protection, retirement savings, IPPs, and RCAs], tax planning conversations [lifetime capital gains exemption, small business deduction, corporate owned life insurance, and charitable contributions]. Generally having a well written investment plan will help increase your growth, lower overall tax exposure, and assist in achieving targeted goals.

    Action: Now would be a great time to review how much your corporation is holding in your business bank accounts, and reviewing what the rate of growth is for any assets not being utilized or spent in the next 12 months. This will allow for development of a strategy on where to hold or invest these assets, and any recommended improvements to structure within your company

  • Are you strategically managing your tax bracket?

    Between federal, provincial, and territorial taxes, it’s important to know how close you are to the edges of your current bracket each year. For those on the edge of their current tax bracket, a small amount of additional taxable income could potentially create a higher tax liability.

    However, that doesn’t mean you must forgo additional cash flow. Talk to your financial advisor about creating a stream of non-taxable income for you and your family by using the risk-management side of financial planning. Families that have a high-earning spouse and a low-earning (or a stay at home) spouse may consider distributing additional income between the spouses to potentially lower the overall tax bill.

    Action: Monitor your income levels in relation to your overall tax bracket each year, so that you can make smart choices that balance your family’s cash flow needs and your tax bill.

  • Have you maximized the use of IPP as a vehicle for wealth transfer from the company to your family?

    An employer-sponsored defined benefit plan can transfer wealth to your family while also earning beneficial tax treatment on the company side, earning you and the company a “double tax advantage”. Therefore, an Individual Pension Plan (IPP) can make a significant difference for business owners, executives, and incorporated professionals. Upon retirement, an IPP could be converted to an annuity, a Life Income Fund, or a pension.

    Action: If you own your business, earn more than $125,000 in salary, are over 38 years old, and have stable earnings, talk to your advisor about using IPP. Remember that IPP and Registered Retirement Savings Plan (RRSP) contributions must be coordinated carefully each year to avoid penalties for overcontribution.

  • How do I grow my business, and attract more employees?

    There are a lot of areas of their business that owners need to be watching when growing. No matter what size of business you are, one of the areas that we can’t look past is the importance of a great team of people. Forging a vision of where the direction of the company goes, falls on an owner’s sense of creativity. The success of this vision correlates to the strength of the people working in the company. Three areas are significantly effected by the culture of your team; Recruiting, Retention and Productivity. Having a robust and attractive employee benefits plan, and retirement/pension plan can increase the ability to attract key people, improve company culture, and keep your team together longer. Fifty four percent of millennials consider benefits first before choosing where they want to work. Companies with better teams, aren’t just happier – they are more profitable. Companies with significantly engaged & positive team are 22% more profitable than teams with poor engagement.

    Action: Improving the area of benefits and retirement plans for employees can be a big boost to attracting and keeping key employees. Consider doing an audit of your current plan [we can help] if you already have one, or start looking into how improvements in this area could help grow your company. Starting or maintaining an employee benefits plan may be easier than you may think, and are multiple options from traditional plans, to hybrid and extremely flexible options.

Business Audit Services

Tailored Services & Customized Audit Report

Upon engagement with our team – we create a very easy to understand, executive summary of our recommendations. We will also work with you to help determine what employee benefits or retirement services your business needs to run more efficiently, and be more competitive in the marketplace. Once that is established, our consulting team can work with you to figure out how you can grow your business from where it is now to where you dream of taking it.

Customer Support

We know that your business often runs even when others aren’t. Our team is dedicated to ensuring you receive answers and results on short notice, and in tough situations. We pride ourselves on our communication and helping stay in touch with you when you really need it.

View your

Log in

Financial advice, Financial planning in the areas of financial management, risk management, asset management, estate planning, tax planning and retirement planning, insurance products, including segregated fund policies are offered through Ecivda Financial Planning Boutique / Ecivda Financial Group Ltd. All advisors for this firm are investment representatives in addition to their advisory role, and offer mutual funds and referral arrangements through Quadrus Investment services Ltd. Quadrus, Quadrus Investment Services Ltd. And design are trademarks of Quadrus Investment Services Ltd. and used with permission.