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Should I Hold My Investments in a Holding Company?

You may be wondering if you would be better off to form a corporation to hold your investments, rather than holding them personally.  Unfortunately, this is not a simple question to answer, because every person's situation differs, depending upon the amount they have to invest, and the province in which they live.

Advantages:

Disadvantages

Holding your investments inside a corporation will not necessarily allow you to write off additional expenses.  The only expenses that are deductible by a corporation are those expenses incurred in order to produce income.

TaxTips.ca Resources

Should you incorporate? - more advantages and disadvantages of corporations in general.

Tax Tip:  This is extremely complicated.  Get advice from a qualified tax professional.