Tag: Canada

The 8 Popular Myths of Retirement (Ep. 61)

The 8 Popular Myths of Retirement (Ep. 61)

There is no doubt that planning for retirement can seem like a complex process, and even thinking about it can be stressful.

Nowadays media, politicians, financial services, businesses – everyone has been talking about retirement. With so much information, it is easy to get overwhelmed. In this episode, Kris Dureau debunks eight popular myths about retirement that might be stressful to pre-retirees as they plan for their retirement. 

Kris discusses:

  • Where and how retirement myths originate, as well as how they affect retirees
  • The importance of starting retirement planning at an early age.
  • The reasons why many people procrastinate about saving for retirement
  • Why retirement isn’t about having a specific amount, but about having an income that suits your lifestyle
  • Why you should continue to contribute to your CPP pension and old-age security
  • The difficulty retirees face in spending their money
  • And more!

Resources:

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Traveling to the USA? Here’s How It Might Affect Your Taxes (Ep. 60)

Traveling to the USA? Here’s How It Might Affect Your Taxes (Ep. 60)

Many Canadians pack their suitcases as it gets colder and fly off to warmer places in the USA. While that sounds like a wonderful idea, it is important to know the tax implications of your trip.

In this episode, Kris Dureau provides a brief overview of tax-related nuances you need to keep in mind as a frequent traveler to the USA.

Kris discusses:

  • The importance of consulting an accountant who is experienced in cross-border taxation
  • How the length of your stay affects your tax situation (Substantial Presence Test)
  • Insights into taxation on US-sourced income
  • And more!

Resources:

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36. The Real Reason Behind the Canadian Powersports Industry’s Growth with Jean-Luc Lemire

36. The Real Reason Behind the Canadian Powersports Industry’s Growth with Jean-Luc Lemire

Over the last 18 months, the Canadian powersports arena has seen a huge increase in sales. 

Find out why in this week’s episode of The Ride: Life, Work and Wealth, as Jean-Luc Lemire, the owner of Energy Powersport in Oakville, Ontario, reveals the main reason for massive growth around motorsport vehicles like motorcycles, ATVs, and snowmobiles.

Plus, tune in as Jean-Luc discusses how the pandemic affected his business and the industry as a whole.

Jean-Luc discusses:

  • Ways the pandemic has increased powersport vehicle sales 
  • Introducing powersports to new customers and ways existing customers benefit from the industry growth 
  • Recent changes in prices and availability
  • And more!

Connect with Jean-Luc Lemire:

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About our Guest:

Jean-Luc Lemire is a bilingual senior management executive leader with more than 25 years of experience in the automotive sector for both the retail & corporate space. He has transformed operations through effective hiring, mentoring, and coaching, establishing a performance improvement culture and key metrics that include implementing procedures leading to significant improvements in top and bottom-line performance.

33. What You Need To Know About Travelling During The Pandemic With Holly McBean

33. What You Need To Know About Travelling During The Pandemic With Holly McBean

As vaccines continue to roll out and select countries open up to travellers, there’s a lot to know about travelling during the pandemic.

In this episode, Kris Dureau sits down with TravelOnly’s Holly McBean to explore what today’s new norm of travelling looks like. 

With 40 years of experience in the travel industry, Holly is here to share everything you need to know about travelling during the COVID-19 pandemic, from what to expect and key considerations to keep in mind before hitting the road. Tune in as we provide you with the clarity you need for your next adventure! 

Holly discusses:

  • What to expect when flying and taking cruises
  • The role of vaccines when travelling and the potential of being barred from entering certain countries based on your vaccination status
  • What you should know about travel vouchers
  • What to do if you’re planning to cancel travel plans
  • What travelling in Canada is like 
  • And more!

Resources:

Connect with Holly McBean

Connect with Kris Dureau:

About our Guest:

With over 40 years of experience, Holly McBean will be happy to assist you with your travel plans. With extensive knowledge of the destinations and many suppliers to work with, she can customize your vacation to reflect your needs. She is a CTC-Certified Travel Counsellor and ACC- Accredited Cruise Counsellor with numerous awards and recognitions servicing Lambton County and the area through the database in North America. We specialize in groups, destination weddings, luxury vacations, and cruises. Single, family, multi-generational family travel, or more, we can assist you in designing your dream vacation. As a proud member of TravelOnly with over 45 years in business, we are appointed by IATA. TICO, ACTA, CLIA to serve your better.