Sierra Finance Solutions

Sierra Finance Solutions Expert Advice, Impartially Delivered. We help businesses of all kinds to grow financial assets, create a management strategy, defeat competitors and more.

If you've taken on the role of caregiver for an injured or disabled loved one, you may be eligible to receive important ...
09/24/2021

If you've taken on the role of caregiver for an injured or disabled loved one, you may be eligible to receive important financial benefits.

If you are a family member or friend providing care and support to someone who is critically ill, injured or needing end-of-life care, you are conside...

Inheriting an RRSP from a loved one can come with mixed feelings and many questions. Use this simple guide to sort throu...
09/24/2021

Inheriting an RRSP from a loved one can come with mixed feelings and many questions. Use this simple guide to sort through this question a little easier.

As the population in Canada grows older, it is becoming increasingly common for individuals to inherit retirement accounts from their deceased loved o...

If you've been considering whether or not to incorporate your small business, weighing these pros and cons may help make...
09/23/2021

If you've been considering whether or not to incorporate your small business, weighing these pros and cons may help make your decision easier.

If you’ve been considering incorporating your business in Canada, it’s important that you consider the pros and cons first. You’ll also want to make s...

Did you know your OAS pension payments could be subject to a recovery tax? Here's what Canada's retirees need to know ab...
09/22/2021

Did you know your OAS pension payments could be subject to a recovery tax? Here's what Canada's retirees need to know about the OAS Clawback, plus 4 strategies to help avoid it.

If you’re nearing retirement, it’s possible you’re preparing to receive your Old Age Security (OAS) payments. With payments as much as $618.45 per mon...

If you're new to the world of investing, but excited to dive right in, here's a great place to start. Learn the basics o...
09/21/2021

If you're new to the world of investing, but excited to dive right in, here's a great place to start. Learn the basics of investing and risk with this quick guide.

Many of us have heard the term “investments” used in many ways - and it’s a concept most of us are familiar with to some degree. But unless you’ve rea...

Explore the pros and cons of real estate investing to help determine whether this type of investment may work with your ...
09/20/2021

Explore the pros and cons of real estate investing to help determine whether this type of investment may work with your financial goals.

According to The Canadian Real Estate Organization, the cost of purchasing a home has increased by 31.6 percent in one year.1 This, coupled with a rel...

Hindsight is 20/20, and there are ways in which everyone wishes they would have handled their money differently in the p...
09/17/2021

Hindsight is 20/20, and there are ways in which everyone wishes they would have handled their money differently in the past. Here are a few things we wish our younger selves knew when it came to building a portfolio.

As a young professional, you may be worried about the basics of your financial life, like budgeting and saving. While four in five millennials have st...

If you find yourself caught in the middle of caring for ageing parents, raising kids and preparing for your own retireme...
09/16/2021

If you find yourself caught in the middle of caring for ageing parents, raising kids and preparing for your own retirement - you may be part of the sandwich generation.

Even before the pandemic arrived in Canada, those in their 40s and 50s who were raising children while caring for ageing parents - often called the “s...

You know you need to start preparing now for a peaceful retirement, but sometimes it's hard to know where to start. If y...
09/16/2021

You know you need to start preparing now for a peaceful retirement, but sometimes it's hard to know where to start. If you're uncertain about your next steps, here are 6 things to start doing differently right now.

For most, retiring comfortably means a life of work and diligent savings. It sounds simple, but the realities of preparing and saving for retirement m...

There are things you can do all year long to help reduce your tax obligations. Follow these 5 easy tips to reduce your t...
09/15/2021

There are things you can do all year long to help reduce your tax obligations. Follow these 5 easy tips to reduce your taxable income, avoid penalty fees and utilize eligible credits.

Most of us are obligated to pay taxes, but there are things you can do now to help manage your tax burden this year and for future years to come. What...

You've decided to incorporate your business, but where to start? This quick guide will walk you through the process to g...
09/14/2021

You've decided to incorporate your business, but where to start? This quick guide will walk you through the process to get you started.

From limited liability to lower tax rates, incorporating can provide several benefits to your small business.1 However, there are several steps one mu...

Unfortunately, your inheritance doesn't (usually) come with instructions. If you've recently received a sizeable windfal...
09/13/2021

Unfortunately, your inheritance doesn't (usually) come with instructions. If you've recently received a sizeable windfall, follow these 5 tips to being a good steward of your inheritance.

Receiving an inheritance comes with a mix of emotions. You may be grieving the loss of a loved one while feeling overwhelmed with the responsibility o...

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