Holding Company in Canada | What is it for?

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[AvalonAccounting]

Do you know of any other purposes to a Holding Company? Comment below!

[TRX]

How do you not have 30 million subscribers? This is amazing stuff. Thank you!

[mashigulu]

What an informative and easy-to-understad video! Thanks so much for the explanations and the examples!! ❤

[StarDustMoonRocket]

I did a holdco structure years ago. It was a painful expense at the time, but it will save me well over a million in taxes.

[TravJoel]

No words can describe how much I appreciate you right now! I’m in the process of my cga recommending moving assets into hold co and they’ve been amazing! BUT I needed to understand more as I had questions after our meeting. Again I wanted to thank you so much for your information! It was so helpful allowing a plumber to understand what my CGA was recommending. It was overwhelming at the time and my about 80% of my questions were answered in this video! Thank you 🙏

[lakhan]

I just opened a holding company and then learned about your YouTube channel, so glad you made a video about this!!

[fredericpelletier]

My partner and I both opened holdings last year. He's 60 and I'm 40 so our life time goals are different. It's good to take the money out of the company as it comes in to avoid the mess of dividing this when he's ready to retire. He can invest in a portfolio that suits him and same for me. It allows us to mix salary and dividends to whatever level feels right for us and nobody loses or feel obligated to take the money in one form or another.

[mirandaseguin]

Really digging the movie references. I too used to eat paint chips as a kid.

[trevoreff]

I appreciate the Tommy Boy reference. :)

I'm trying to figure out how to structure a real estate business, pay myself nothing to grow the business exponentially and pass along to my kids. The less I pay in taxes now, the faster it can grow. Thank you for the informative video. :)

[cga]

Thank you I just started a new corporation and I will start a holding first....

[jamesmartin]

Great video, Joe! Love the Silicon Valley reference...

[lawrencel]

Great video! Do you cover whether investing in stocks, funds, bonds etc is better in a holding co vs opco anywhere? Thank you

[ParentCouncilStreams]

Good information with funny call backs, take my like, comment and subscription!

[michaelpeever]

Oh my gosh, this is such a great video. Thank you so much.

[trenholmelodge]

caution: Part IV tax on section 112 Dividends taxed at 50.67 % in Ontario and even with the dividend refund when ultimately pd out as dividends, combined tax can be higher than earning the money directly in personal tax return. Each situation different..

[freestyleskierfasho]

Hey Joe! I'm loving the content. Thank you so much for taking the time to create it! I'd love to see animations that will help you explain concepts, but I understand that that can get pretty pricy. Figured I'd give my 2 cents :) Thanks again and please keep it up!

[stevenstewart]

Could a holding company issue bonds to potentially borrow money at better terms than from a bank?

[TheWBuilder]

Hi Avalon, Thank you for your informative video. Question? Can a holding company own a private foundation? Thanks.

[ranahossain]

I have a operating company. Now if I incorporate a holding company, how do I put the existing company under the new holding company?

[tareq]

Thanks for all the information it is very helpful!
I have a question, if I have two different operating company do I have to open two separate holding companies for them or I can just have one holding company for both of them? Thanks in advance 🙏