Canadian Wealth Secrets

When to Fund the RRSP Over Using the Smith Maneuver - A Blueprint for Canadian Business Owners


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Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass here and book a call here

Are you a Canadian business owner wondering whether to keep investing through your corporation, maximize your RRSP, or leverage the Smith Maneuver — and how each choice could impact your long-term wealth?

Optimizing how you move money between your corporation and personal hands isn't just about saving tax today — it's about setting up the right structures to grow your wealth tomorrow. If you’ve been wrestling with whether to scrap corporate RRSP contributions, pay yourself a bigger salary, or dive deeper into leveraging debt for investments, this episode cuts through the confusion. You'll discover why the “obvious” move isn’t always the optimal one and how small shifts in strategy can create massive future flexibility.

In this episode, you’ll learn:

  • Why taking extra salary to fund a Smith Maneuver could cost more in taxes than it saves.
  • How blending corporate retained earnings with personal investments creates powerful, diversified wealth "buckets."
  • The hidden advantage of keeping flexibility with RRSP room for unexpected future tax planning opportunities.

Hit play now to get clear on how to optimize your financial strategy and make smarter moves for your personal and corporate wealth growth!

Discover which phase of wealth creation you are in. Take our quick assessment and you’ll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.

Canadian Wealth Secrets Show Notes Page:

Consider reaching out to Kyle

  • …taking a salary with a goal of stuffing RRSPs;
  • …investing inside your corporation without a passive income tax minimization strategy;
  • …letting a large sum of liquid assets sit in low interest earning savings accounts;
  • …investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,
  • …wondering whether your current corporate wealth management strategy is optimal for your specific situation.

Are you taking full advantage of your corporate and personal wealth-building strategies? In this episode, we dive deep into whether business owners should prioritize funding their RRSP or using the Smith Maneuver to maximize tax efficiency, grow retained earnings, and create long-term financial flexibility. Learn how to optimize your financial structure, protect corporate assets, and leverage smart salary planning to minimize taxes and build wealth faster.

Ready to connect? Text us your comment including your phone number for a response!

Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

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Canadian Wealth SecretsBy Kyle Pearce, Jon Orr

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