The Advisors Table Podcast

💰 New episode drops TOMORROW.

Two people. Same income. Same Investments.

One builds double the wealth.

The difference? Not what they invested in — but WHERE the money lives.

We're breaking down the 3 containers every Canadian needs to understand: Personal vs Registered vs Corporate.

Full episode drops tomorrow on The Advisors Table 🎧

2 days ago | [YT] | 2

The Advisors Table Podcast

🏛️ Canada has 59,000 CRA employees.


🪖 The entire Canadian Armed Forces Regular Force? ~65,000. And they're 14,000 short of where they need to be.

🇺🇸 The US IRS runs with 79,000 people… for a country 10x our size.

🇦🇺 Australia's tax office does it with 20,000 for a similar-sized economy.

📊 We have 1 tax collector for every ~700 Canadians.

So we've built one of the largest per-capita tax armies in the developed world — but can't staff our actual military.

Priorities. 🇨🇦

Poll: Canada has nearly as many CRA employees as soldiers. What's your take? 👇

3 days ago | [YT] | 4

The Advisors Table Podcast

🚨 CRA says auditors don't have quotas 🚨

But they track an internal metric TEBA — Tax Earned by Audit — that measures how much tax gets ASSESSED. Not collected. Not upheld on appeal. And when a reassessment gets overturned? No correction. No consequence. The auditor still gets credit for the full amount.

The result? The Auditor General found 65% of objections are decided in the TAXPAYER'S favour. CRA's own numbers get overturned more than half the time.

And right now, with CRA's fiscal year ending March 31st auditors are under more pressure to close your file than at any other time of the year. 40% of ALL audit files get closed in just February and March. Tighter deadlines. Less flexibility. Faster decisions.

⚠️ If you own a corporation, rental properties, investments, or claim home office or vehicle expenses, the next 5 weeks are when CRA is most likely to come knocking.

This week's video: I'm pulling back the curtain on what's actually happening on the auditor's side of the table and exactly how to protect yourself before March 31.

Don't miss it.

POLL: If CRA reassessed you tomorrow, what would you do?

4 days ago | [YT] | 4

The Advisors Table Podcast

CRA took $800K from a business owner who did everything right. Today, you'll find out how.

This owner built a profitable company over years, found a buyer, and sold for $3 million. He did what most business owners dream of doing.

Then the tax bill came. $800K. Gone.

The worst part — with the right planning, that number should have been close to zero.

I didn't just want to explain what happened — I wanted to understand how someone sells a $3 million business and walks away with $800K less than they should have.

He had an accountant. He had a lawyer. He had a broker who found the buyer. But tax was an afterthought. There was no tax advisor at the table. Nobody modelled what he'd actually keep after the sale. Nobody set up the structures that could have sheltered most of the gain.

By the time anyone looked at the tax side, the deal was already done.
So I broke it all down:

- How did a $3M sale turn into an $800K tax bill?
- What should have been done 2 years before the sale?
- How do you multiply your tax exemptions across your family?
- What does CRA actually look at when you sell?
- How does the same sale go from $800K in tax to nearly $0?

After working on deals like this for 15 years, it's clear to me that most business owners don't lose money because they made bad decisions. They lose money because nobody told them what decisions to make.

That's what this video is about. Not theory or jargon. A real owner, real numbers, and the exact steps that would have changed the outcome.

This is the video I wish every business owner would watch before they sell.

Watch it now — link on the channel.

POLL: If you sold your business tomorrow, do you have a tax advisor on your team?

1 week ago | [YT] | 0

The Advisors Table Podcast

CRA doesn't just come after you when you're alive.

They come after your family when you die. They come after your buyer when you sell.

And they come after you YEARS after a deal closes.

I just finished working on a deal where CRA's rules killed a $5M business sale — two weeks before closing. The seller did everything right. Found a buyer. Agreed on a price. But one mistake from previous year gave CRA the opening to destroy the deal.

I'm dropping new videos breaking down every way CRA can come after you when you sell your business — and exactly how to protect yourself.

Real deals. Real dollar amounts. Real mistakes I have seen up close.

POLL: Has CRA ever cost you money you weren't expecting?

1 week ago | [YT] | 6

The Advisors Table Podcast

🚨 NEW EPISODE DROPPING TUESDAY

This is one of those “no one tells you this” topics.

Parents help their kids all the time — with:
• down payments
• gifting money
• adding them to property title
• co-signing

But CRA has rules that can trigger tax in ways most families never expect.

📌 Helping Your Kids? CRA Takes a Cut
Dropping Tuesday.

👇 Quick question:

Have you ever helped your kids financially?

1 week ago | [YT] | 2

The Advisors Table Podcast

What scares you more?

1 week ago | [YT] | 1

The Advisors Table Podcast

Estate Planning Tip Most People Miss

If you’re married/common-law:

Go check your TFSA beneficiary settings.
Is your spouse listed as Successor Holder?

If yes:
✅ TFSA continues in their name
✅ Growth stays tax-free
✅ Less paperwork

If no:
Your TFSA can collapse on death — and any growth after death can become taxable.

One checkbox. Big difference.

1 week ago | [YT] | 1