Blogs - Hexavision Enterprise

Foreign Accrual Property Income (FAPI): Complete Guide for Tax Compliance

By Kanwaljit (Sunny) Kochar / 25 minutes of reading / August 11, 2025

Foreign Accrual Property Income (FAPI): Complete Guide for Tax Compliance Introduction FAPI—Foreign Accrual Property Income—is Canada’s crackdown on tax deferral tricks using CFAs (Controlled Foreign Affiliates). Imagine claiming deductions for rent or interest earned offshore: the CRA swoops in, risking double taxation unless active management is proven. A client once hid business income in a non-resident holding company; their tax return blew up faster than a TikTok trend. Yikes! Businesses […]

Foreign Accrual Property Income (FAPI): Complete Guide for Tax Compliance Read More »

What is a Trust Fund? The Secret Wealth Tool Unveiled

Advanced Wealth & Legacy /

By Kanwaljit (Sunny) Kochar / 6 minutes of reading / August 11, 2025

Custom HTML/CSS/JAVASCRIPT What is a Trust Fund? The Secret Wealth Tool Unveiled What is a Trust Fund in Canada? In Canada, a trust fund simply holds assets for someone’s benefit. Legally, when you hear “trust fund” it means there’s a settlor (person who creates the trust by putting in assets), a trustee (the manager), and a beneficiary (who eventually gets the assets). For example, if Grandma Alice puts $50,000 into

What is a Trust Fund? The Secret Wealth Tool Unveiled Read More »

Old Age Security Canada 2025: What They Don’t Tell You

Financial Foundations /

By Kanwaljit (Sunny) Kochar / 10 minutes of reading / August 11, 2025

Old Age Security Canada 2025: What They Don’t Tell You Old Age Security Canada (OAS) is the federal pension every Canadian receives once they reach 65, regardless of work history. Essentially, it’s a lifetime monthly pension funded by taxpayers, designed as a safety net for seniors. (Imagine it as the steady trusty old friend that kicks in at 65.) To qualify, you must have lived in Canada at least 10

Old Age Security Canada 2025: What They Don’t Tell You Read More »

What Is a Bare Trust? Hidden CRA Rules Explained

Advanced Wealth & Legacy /

By Kanwaljit (Sunny) Kochar / 9 minutes of reading / August 11, 2025

What Is a Bare Trust? Hidden CRA Rules Explained Have you ever co-signed a mortgage for a family member? Or perhaps added a relative to the title of a property for estate planning purposes? If so, you might be surprised to learn you’ve likely entered the world of trusts—specifically, something called a bare trust. It’s one of the most common yet misunderstood legal arrangements in Canada. For years, these informal

What Is a Bare Trust? Hidden CRA Rules Explained Read More »

Secret Carbon Tax Rebate Dates for 2025 REVEALED!

Financial Foundations /

By Kanwaljit (Sunny) Kochar / 8 minutes of reading / August 11, 2025

Secret Carbon Tax Rebate Dates for 2025 REVEALED! Introduction In 2025, the carbon tax rebate payments will continue to be a crucial source of financial relief for many Canadian households, particularly those in lower-income brackets. As part of Canada’s broader strategy to combat climate change while ensuring that vulnerable populations are not unduly burdened by the rising costs associated with carbon taxes, these rebates serve as a vital component of

Secret Carbon Tax Rebate Dates for 2025 REVEALED! Read More »

First National Mortgage Rates featured image

Exploring First National Mortgage Rates: What Homebuyers Need to Know in 2025

Financial Foundations /

By Kanwaljit (Sunny) Kochar / 9 minutes of reading / August 11, 2025

Exploring First National Mortgage Rates: What Homebuyers Need to Know in 2025 When navigating the world of home buying, understanding mortgage rates is essential. Whether you are a first-time homebuyer or looking to refinance, securing the best mortgage rate can make a significant difference in the long run. One company that has established itself as a prominent lender in the market is First National Financial Corporation. Known for its competitive

Exploring First National Mortgage Rates: What Homebuyers Need to Know in 2025 Read More »

Advanced Canada Workers Benefit: Unlock Hidden Financial Relief

Financial Foundations /

By Kanwaljit (Sunny) Kochar / 9 minutes of reading / August 11, 2025

Advanced Canada Workers Benefit: Unlock Hidden Financial Relief The Rising Cost of Living in Canada Canada is known for its beautiful landscapes, vibrant culture, and high quality of life. However, in recent years, many Canadians are feeling the weight of financial strain as the cost of living continues to increase. High housing prices, soaring utility bills, and the rising cost of everyday goods like groceries and transportation are contributing to

Advanced Canada Workers Benefit: Unlock Hidden Financial Relief Read More »

Mortgage Protection Mastery: Secure Your Family’s Future

Knowledgebase /

By Kanwaljit (Sunny) Kochar / 13 minutes of reading / August 11, 2025

Beyond Bricks and Mortar: Why True Mortgage Protection is Key to Your Family’s Financial Future in Canada For many Canadians, owning a home is more than just an investment; it’s the cornerstone of family life, a symbol of hard-earned success, and a legacy for the future. But what happens if the unexpected strikes? This is where the conversation about mortgage insurance in Canada becomes paramount. At Hexavision, we believe in

Mortgage Protection Mastery: Secure Your Family’s Future Read More »

CPP & OAS Secrets: Unlock Early, Wealthier Retirement

Knowledgebase /

By Kanwaljit (Sunny) Kochar / 22 minutes of reading / August 11, 2025

CPP & OAS Secrets: Your Key to Retiring Early & Richer in Canada Feeling that itch to trade deadlines for dreamlines? If you’re a Canadian professional or business owner eyeing retirement in the next 5-10 years, you’re likely wondering how to make it happen without sacrificing your lifestyle. One of the biggest (and often most confusing!) pieces of that puzzle is figuring out your Canada Pension Plan (CPP) and Old

CPP & OAS Secrets: Unlock Early, Wealthier Retirement Read More »

Filter posts by category