Would You Like To Immediately Begin To Pay Less Income Tax Every Year, Like Tens of Thousands of Other Canadians?
Would you like to learn tax reduction strategies that financially successful Canadians use to pay less tax? Would you like to put the same strategies to work to reduce your own income taxes every year? We can help you use the same simple, legal, and proven methods that wealthy people use to pay less tax in Canada. Wealthy people don't do anything strange or complicated, they (or more accurately, their lawyers and accountants) just know things most people don't. The truth is there are lots of effective tax reduction strategies that Canadians never take advantage of, far beyond income splitting, business write-offs, and other common deductions you may have heard of. (Approaches change year-to-year - your Synergy rep can discuss current approaches with you.)
We are a professional financial services company, specializing in effective tax reduction, retirement planning, and financial growth. We have offices across Canada, and our regional managers and company reps have decades of experience in the financial industry.
We get a lot of traffic at our corporate web site, and we're trying to sort out the serious visitors from those just cruising the internet out of boredom.
If you really are looking for information about paying less tax in Canada, then you are in the right place, and we've got important information for you... You will be at our corporate web site in just a moment.
Our associates will show you how to...
participate in the development of small and medium Canadian businesses
potentially pay less income tax, corporate tax, and/or capital gains tax
potentially deregister your RRSP and other investments with a lower tax penalty
potentially retire on $250,000-$400,000 instead of $1,000,000
eliminate stock market and mutual fund risks from your life, forever
It Doesn't Matter Whether You Are A Business Owner, Work For Someone Else, Have Won A Lottery, Or Are Retired...
...your single biggest financial problem will always be tax. Some of us have grown to ignore it, and most of us just accept it. You know the old saying: "Only two things are guaranteed in life - death and taxes." But while taxes are considered an unavoidable burden by the poor and middle classes, wealthy people and financial advisors for the rich don't believe that at all...
Ask Most Financial Advisors About Paying Less Tax, And All They Say Is...
Maximize your RRSPs, RESPs, RRIFs... the same things they've been saying forever. Do you think businesses reduce their taxes by contributing to these outdated, mass-market investment products? No, of course they don't. Do you think wealthy Canadians reduce their taxes payable by using these products? Whenever you take money out of those investments in the future you then have to pay the tax, so it's only semi-accurate to call these tax reduction strategies.
Isn't it ridiculous that this is the ONLY kind of tax advice people are getting from their so-called financial advisors?
Would You Like To Know What Advisors For The Rich Tell Their Clients?
When we found out how successful Canadians were reducing their taxes, we asked ourselves why everyone didn't know about all the different strategies available. But as soon as we asked that question, we had another: How come financial planners don't even use these common strategies themselves? Do they not understand how wealthy people manage their money? Would it not make sense to take the tax reduction methods used by financially successful Canadians and share this information with their clients so they can become more financially secure themselves?
If Your Financial Planning Doesn't Include Intelligent And Effective Tax Planning...
...you are wasting your time. Taxes are everywhere: income tax, GST, PST, taxes on dividends, corporate taxes, even taxes on inheritance. It's crazy. You pay taxes when you earn money, spend money, win money, inherit money ... And if RRSPs are such a fantastic savings plan, how come we pay such outrageous taxes when we need to access them? Yes, taxes are a fact of life, and that's why you have to make tax reduction/management a fundamental part of your financial planning strategies.
Continue Below So We Can Send You Free Tax Information, And We'll Also...
...give you contact information for your nearest Synergy rep. We have offices in most major cities in Canada, and can usually arrange to meet with you elsewhere if that's more convenient for you. Email or phone us first, to be sure you want to pursue further information.
Our Financial Advisors Are Professionals With Decades Of Experience, But That's Not All...
...because most of our managers and reps across Canada used to sell traditional investment products, they are better suited than anyone to clearly explain the shortcomings of those strategies to you. They can explain exactly why GICs, RRSPs, mutual funds, and other mass-market products with pitiful returns are of little use to you. They can explain why, no matter where your income comes from, paying outrageous taxes will make early retirement and financial freedom very difficult. They can explain the differences between how you've been managing your taxes, and how wealthy Canadians manage their taxes. They can explain how taxes will eat away at everything you do unless you can find ways to reduce them. And they can explain how it is easy to reduce your taxes in perfectly legal ways, like many people do every year.
Whether You Are Young And Just Entering The Workforce, Or Have Already Retired...
...the single biggest obstacle to your financial freedom will always be taxes. Contact us today and let us explain how easy it is to lower your taxes. You are under no obligation of any kind, and we won't be bothering you with nagging sales pitches.
Fill in these boxes and we'll email you some free information, and take you to our corporate web site. You can read about our currently-available tax strategies (approaches may change year-to-year) and get your local rep's contact information. Learn how to pay less tax right away.
(We currently provide business development, tax reduction, early retirement, and money management strategies to Canadians. If you live outside of Canada, feel free to join our list and we'll let you know as we expand our services in the near future.)
Free Information About Taxes in Canada...
A Selection Of Common Terms As Defined By The Canada Revenue Agency (CRA)
Here is a summary of terms that commonly apply to individuals, self-employed people, and/or small business owners. It is helpful to understand the meanings of these terms as defined by the CRA itself, since they are the ones who assess our taxes.
Accountants and financial advisors often use these terms, so we thought it might be helpful to provide the actual definitions here for you. You may be surprised to discover how simple some of these definitions are. But remember this information is presented here purely for your curiosity, and your financial security requires a good accountant, together with appropriate advice from a professional financial planner.
These definitions are quoted from the CRA web site. You can find a much larger full glossary of terms and definitions at the CRA site here.
Assets - Any property owned by a person or business. Assets include money, land, buildings, investments, inventory, cars, trucks, boats, or other valuables that belong to a person or business.
Business expenses - Certain costs that are reasonable for a particular type of business, and that are incurred for the purpose of earning income. Business expenses can be deducted for tax purposes. Personal, living, or other expenses not related to the business can not be deducted for tax purposes.
Capital gains - The amount by which proceeds of disposition (see below) less outlays and expenses exceed the adjusted cost base of capital property (see below).
Capital loss - The amount by which the adjusted cost base and outlays and expenses of capital property (see below) exceeds proceeds of disposition (see below).
Capital property is generally:
- any depreciable property that is eligible or would be eligible for a capital cost allowance deduction for income tax purposes; and
- any property, other than depreciable property, which, if you disposed of it, would result in a capital gain or capital loss for income tax purposes.
Depreciation - A decrease in the value of an asset through age, use, and deterioration. In accounting terminology, depreciation is a deduction or expense claimed for this decrease in value.
Disposition - Generally, the disposal of property by sale, gift, transfer, or change in use.
Fair market value (FMV) - Generally the highest dollar value that you can get for your property in an open and unrestricted market between an informed and willing buyer and an informed and willing seller who are dealing at arm's length with each other.
Income - The sum of revenues earned in a specific period of time. It includes revenues from salaries, wages, benefits, tips, and commissions, profits from operating a business or profession, and investments earned.
Investment - An expenditure to acquire property that yields or is expected to yield revenue or services.
Loss - The amount by which expenses exceed revenues.
Net income - Income subject to tax after allowable deductions have been subtracted from gross or total income.
Notice of Assessment - A form that is sent to all taxpayers after their returns are processed. It tells taxpayers or GST/HST registrants if any corrections were made to the returns or rebate applications and, if so, what they are. It also informs taxpayers or registrants if they owe more tax or what the amount of their refund will be.
Person - An individual, a partnership, a corporation, the estate of a deceased individual, a trust, or any organization such as a society, a union, a club, an association, or a commission.
Proceeds of disposition - Usually, the selling price of property when it is disposed of. Proceeds of disposition also include compensation received for property that has been destroyed, expropriated, stolen, or damaged. It is also the fair market value (see above) of property when it is transferred to another person, or when there is a change in its use.
Property - Any property, whether real or personal, movable or immovable, tangible or intangible, corporeal or incorporeal, and includes a right or interest of any kind, a share and a chose in action, but does not include money.
Real property includes -
- a mobile home or floating home and any leasehold or proprietary interest therein;
- in Quebec, immovable property and every lease thereof; and
- in any other place in Canada, all land, buildings of a permanent nature, and any interest in real property.
Refund - The overpayment of income tax returned to a taxpayer after their return is assessed.
Taxable income - The amount of income left after all allowable deductions have been subtracted from net income (see above). This amount is used to calculate the tax payable.
Fill in the boxes above right now and find out how to pay less income tax in Canada beginning this year.
High taxes make financial planning a constant struggle. We can help!
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- and -
BOREALIS INTERNATIONAL INC., SYNERGY GROUP (2000) INC.,
INTEGRATED BUSINESS CONCEPTS INC., CANAVISTA CORPORATE
SERVICES INC., CANAVISTA FINANCIAL CENTER INC.,
SHANE SMITH, ANDREW LLOYD, PAUL LLOYD,
VINCE VILLANTI, LARRY HALIDAY, JEAN BREAU,
JOY STATHAM, DAVID PRENTICE, LEN ZIELKE,
JOHN STEPHAN, RAY MURPHY, ALEXANDER POOLE,
DEREK GRIGOR and EARL SWITENKY
TEMPORARY ORDER
(Sections 127(1) and (5))
WHEREAS it appears to the Ontario Securities Commission (the “Commission”) that:
The individual respondents are Canadian residents;
The corporate respondents are neither reporting issuers nor registrants in Ontario;
With the exception of Alexander Poole (“Poole”), none of the respondents is registered with the Commission to trade in securities;
The respondents have traded in investments which appear to be “securities” as defined in section 1(1)(n) of the Securities Act, R.S.O., 1990 c.S.5, as amended (the “Act”);
Staff are conducting an investigation of the respondents. Based on Staff’s investigation to date, it appears that:
the respondents have traded in securities and participated in unlawful distributions of securities, contrary to sections 25 and 53 of the Act; and
certain directors or officers, including de facto directors and officers, have authorized, permitted or acquiesced in non-compliance with Ontario securities law;
Borealis International Inc., Synergy Group (2000) Inc., Len Zielke, David Prentice, Shane Smith, Derek Grigor and Earl Switenky are respondents in a proceeding and subject to cease trade orders issued by the Alberta Securities Commission;
It further appears that Shane Smith and Andrew Lloyd have breached Orders of the Commission dated December 7, 2006, December 20, 2006 and June 14, 2007; and
The Commission is of the opinion that it is in the public interest to make this order and that the time required to conclude a hearing could be prejudicial to the public interest.
AND WHEREAS by Commission Order made April 4, 2007 pursuant to section 3.5(3) of the Act, the Commission authorized each of W. David Wilson, James E. A. Turner, Lawrence E. Ritchie, Robert L. Shirriff, Harold P. Hands, Paul K. Bates and David L. Knight, acting alone, to exercise the powers of the Commission to make Orders under section 127 of the Act;
IT IS ORDERED pursuant to section 127(5) of the Act that:
pursuant to clause 2 of section 127(1), all trading in securities of the respondents, with the exception of Poole, shall cease;
pursuant to clause 2 of section 127(1), trading in any securities by the respondents, with the exception of Poole, shall cease;
pursuant to clause 3 of section 127(1), any exemptions contained in Ontario securities law do not apply to the respondents, with the exception of Poole; and
pursuant to clause 1 of section 127(1), the following terms and conditions are imposed on Poole’s registration: Poole shall be subject to monthly supervision by his sponsoring firm which, commencing November 30, 2007, will submit monthly supervision reports to the Commission (attention: Manager, Registrant Regulation) in a form specified by the Manager, Registrant Regulation, reporting details of Poole’s sales activities and dealings with clients.
IT IS FURTHER ORDERED that pursuant to section 127(6) of the Act this order shall take effect immediately and shall expire on the fifteenth day after its making unless extended by order of the Commission.
DATED at Toronto this 15th day of November, 2007.
" W. David Wilson "
W. David Wilson
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- and -
BOREALIS INTERNATIONAL INC., SYNERGY GROUP (2000) INC.,
INTEGRATED BUSINESS CONCEPTS INC., CANAVISTA CORPORATE
SERVICES INC., CANAVISTA FINANCIAL CENTER INC.,
SHANE SMITH, ANDREW LLOYD, PAUL LLOYD,
VINCE VILLANTI, LARRY HALIDAY, JEAN BREAU,
JOY STATHAM, DAVID PRENTICE, LEN ZIELKE,
JOHN STEPHAN, RAY MURPHY, ALEXANDER POOLE,
DEREK GRIGOR and EARL SWITENKY
ORDER
(Sections 127(7))
WHEREAS on November 15, 2007, the Ontario Securities Commission (the “Commission”) made an order pursuant to sections 127(1) and (5) of the Securities Act, R.S.O. 1990, c.S.5., as amended, in respect of Borealis International Inc. (“Borealis”), Synergy Group (2000) Inc. (“Synergy”), Integrated Business Concepts Inc. (“IBC”), Canavista Corporate Services Inc. (“Canavista Corporate”), Canavista Financial Center Inc. (“Canavista Financial”), Shane Smith (“Smith”), Andrew Lloyd, Paul Lloyd, Vince Villanti (“Villanti”), Larry Haliday (“Haliday”), Jean Breau (“Breau”), Joy Statham (“Statham”), David Prentice (“Prentice”), Len Zielke (“Zielke”), John Stephan (“Stephan”), Ray Murphy (“Murphy”), Derek Grigor (“Grigor”), Earl Switenky (“Switenky”) and Alexander Poole (“Poole”) (the “Respondents”) that all trading in securities by and of the Respondents, with the exception of Poole, cease, and that any exemptions contained in Ontario securities law do not apply to the Respondents, with the exception of Poole (the “Temporary Order”);
AND WHEREAS the Temporary Order also provided that pursuant to clause 1 of section 127(1), the following terms and conditions are imposed on Poole’s registration: Poole shall be subject to monthly supervision by his sponsoring firm which, commencing November 30, 2007, will submit monthly supervision reports to the Commission (attention: Manager, Registrant Regulation) in a form specified by the Manager, Registrant Regulation, reporting details of Poole’s sales activities and dealings with clients;
AND WHEREAS on November 15, 2007, the Commission issued a Notice of Hearing and Statement of Allegations in this matter;
AND UPON HEARING submissions from counsel for Staff of the Commission and from counsel for Borealis, Synergy, IBC, Smith, Villanti, Haliday and Breau and from Paul Lloyd on his own behalf and on behalf of Canavista Financial, no one appearing for Canavista Corporate, Andrew Lloyd, Statham, Prentice, Zielke, Stephan, Murphy, Grigor, Switenky and Poole;
AND WHEREAS Borealis, Synergy, IBC, Canavista Financial, Smith, Villanti, Haliday, Breau, Paul Lloyd, Zielke, Grigor and Switenky consent to a continuation of the Temporary Order until January 11, 2008;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT:
the Temporary Order is continued in respect of the Respondents, except Borealis, Synergy, IBC, Canavista Financial, Smith, Villanti, Haliday, Breau, Paul Lloyd, Zielke, Grigor and Switenky, until May 27, 2008 or until further order of the Commission;
in respect of Borealis, Synergy, IBC, Canavista Financial, Smith, Villanti, Haliday, Breau, Paul Lloyd, Zielke, Grigor and Switenky, the Temporary Order is continued until January 11, 2008;
this matter shall return before the Commission on January 11, 2008 at 10:00 a.m.; and
any websites operated by the Respondents, including:
shall forthwith display the Temporary Order and this Order prominently and continuously on the home page until further order of the Commission.
DATED at Toronto this 28th day of November, 2007.
" Wendell S. Wigle "
Wendell S. Wigle, Q.C.
" David L. Knight "
“David L. Knight
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED
- and -
BOREALIS INTERNATIONAL INC., SYNERGY GROUP (2000) INC., INTEGRATED
BUSINESS CONCEPTS INC., CANAVISTA CORPORATE SERVICES INC.,
CANAVISTA FINANCIAL CENTER INC.,
SHANE SMITH, ANDREW LLOYD, PAUL LLOYD,
VINCE VILLANTI, LARRY HALIDAY, JEAN BREAU,
JOY STATHAM, DAVID PRENTICE, LEN ZIELKE,
JOHN STEPHAN, RAY MURPHY, ALEXANDER POOLE,
DEREK GRIGOR, EARL SWITENKY,
MICHELLE DICKERSON, DEREK DUPONT,
BARTOSZ EKIERT, ROSS MACFARLANE, BRIAN NERDAHL,
HUGO PITTOORS and LARRY TRAVIS
ORDER
(Sections 127(1), (5) and (7))
WHEREAS on November 15, 2007, the Ontario Securities Commission (the “Commission”) made an order pursuant to sections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5., as amended, in respect of Borealis International Inc. (“Borealis”), Synergy Group (2000) Inc. (“Synergy”), Integrated Business Concepts Inc. (“IBC”), Canavista Corporate Services Inc. (“Canavista Corporate”), Canavista Financial Center Inc. (“Canavista Financial”), Shane Smith (“Smith”), Andrew Lloyd, Paul Lloyd, Vince Villanti (“Villanti”), Larry Haliday (“Haliday”), Jean Breau (“Breau”), Joy Statham (“Statham”), David Prentice (“Prentice”), Len Zielke (“Zielke”), John Stephan (“Stephan”), Ray Murphy (“Murphy”), Derek Grigor (“Grigor”), Earl Switenky (“Switenky”) and Alexander Poole (“Poole”) (the “Original Respondents”) that all trading in securities by and of the Original Respondents, with the exception of Poole, cease, and that any exemptions contained in Ontario securities law do not apply to the Original Respondents, with the exception of Poole (the “Temporary Order”);
AND WHEREAS the Temporary Order also provided that pursuant to clause 1 of section 127(1), the following terms and conditions were imposed on Poole’s registration: Poole shall be subject to monthly supervision by his sponsoring firm which, commencing November 30, 2007, will submit monthly supervision reports to the Commission (attention: Manager, Registrant Regulation) in a form specified by the Manager, Registrant Regulation, reporting details of Poole’s sales activities and dealings with clients;
AND WHEREAS on November 15, 2007, the Commission issued a Notice of Hearing and Statement of Allegations in this matter;
AND WHEREAS on November 28, 2007, the Commission ordered that the Temporary Order be continued in respect of the Original Respondents, except Borealis, Synergy, IBC, Canavista Financial, Smith, Villanti, Haliday, Breau, Paul Lloyd, Zielke, Grigor and Switenky, until May 27, 2008;
AND WHEREAS on November 28, 2007, the Commission ordered that in respect of Borealis, Synergy, IBC, Canavista Financial, Smith, Villanti, Haliday, Breau, Paul Lloyd, Zielke, Grigor and Switenky, the Temporary Order be continued until January 11, 2008;
AND WHEREAS on January 11, 2008, the Commission ordered that in respect of the Original Respondents, the Temporary Order be continued until May 27, 2008;
AND WHEREAS on May 22, 2008, the Commission issued an Amended Notice of Hearing and an Amended Statement of Allegations by which, inter alia, the following individuals were added as respondents: Michelle Dickerson (“Dickerson”), Derek Dupont (“Dupont”), Bartosz Ekiert (“Ekiert”), Ross Macfarlane (“Macfarlane”), Brian Nerdahl (“Nerdahl”), Hugo Pittoors (“Pitoors”), and Larry Travis (“Travis”) (collectively the “New Respondents”).
AND UPON HEARING submissions from Paul Lloyd, on his own behalf and on behalf of Canavista Financial, from counsel for Staff of the Commission and from counsel for Borealis,
Synergy, IBC, Smith, Villanti, Haliday and Breau, and on behalf of Dickerson, no one appearing for Canavista Corporate, Andrew Lloyd, Statham, Prentice, Zielke, Stephan, Murphy, Poole, Grigor, Switenky, Dupont, Ekiert, Macfarlane, Nerdahl, Pittoors and Travis;
AND WHEREAS Paul Lloyd, on his own behalf and on behalf of Canavista Financial, and Borealis, Synergy, IBC, Smith, Villanti, Haliday and Breau consent to a continuation of the Temporary Order until June 18, 2008;
AND WHEREAS Dickerson consents to an order that trading by her in any securities shall cease and any exemptions contained in Ontario securities law shall not apply to her and to a continuation of that order until June 18, 2008;
AND WHEREAS the Commission is of the opinion that it is in the public interest to make this order;
IT IS ORDERED THAT:
1. trading in any securities by Dickerson, Dupont, Ekiert, Macfarlane, Nerdahl, Pittoors and Travis shall cease and any exemptions contained in Ontario securities law shall not apply to them, and this Order shall be continued until June 18, 2008 or until further order of the Commission;
2. the Temporary Order is continued until June 18, 2008 or until further order of the Commission to provide that trading in any securities of and by the Original Respondents, including Poole, shall cease and that any exemptions contained in Ontario securities law shall not apply to the Original Respondents, including Poole;
3. this matter shall return before the Commission on June 17, 2008 at 10:00 a.m.; and
4. any websites operated by the Original Respondents and the New Respondents, including:
shall forthwith display the Temporary Order, the Orders dated November 28, 2007 and January 11, 2008 and this Order prominently and continuously on the home page until further order of the Commission.