It is common for owners of Canadian-controlled private corporations to retain assets within their corporation to benefit from tax-deferral opportunities. Whether the corporation is primarily for business or investment purposes, understanding how investment income is taxed in a corporation can maximize wealth over time.
Please see below for each province.
British Columbia: https://ci-arena.ci.com/od/fd974652
Newfoundland and Labrador https://ci-arena.ci.com/od/2805e454
Nova Scotia https://ci-arena.ci.com/od/3bac2df6
New Brunswick https://ci-arena.ci.com/od/b16ba86c
Prince Edward Island https://ci-arena.ci.com/od/67cf9ef8
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