Clear insights from Canadian Wealth Experts. Got money on your mind? Join host and financial professional, Mehul Gandhi as he interviews Canadian wealth and financial experts to provide no-nonsense real-life information about investing, retirement, tax, financial planning and more.
For more information, visit www.westmountwealth.com (http://www.westmountwealth.com/) or contact us at https://www.westmountwealth.com/contact (https://www.westmountwealth.com/contact)
In this episode of Mind Your Money, Mehul sits down with his longtime friend Howard Ma—Director at Baker Tilly Canada Capital and CFA charterholder—to unpack what really happens behind the scenes when a business owner decides to sell. Howard shares a clear, investor-minded look at what makes a company “sale-ready” (and what quietly drags value down). They dig into the most common issues he sees when owners come to market too late: flat growth, unoptimized margins, overbuilt equipment and fixe...
29 Jan 2026TRANSCRIPT
Beyond the Will: Building Leadership for 100-Year Family Enterprises
Julia Chung discusses building leadership and vision for multi-generational family enterprises with Mehul Gandhi, emphasizing long-term planning over short-term financial gains in this interview.
16 Jul 2025
Death & Taxes Part 2 - Life Insurance to Create Estate Liquidity
What happens when Canada’s tax system collides with the death of a business owner? In Part 2 of our Death and Taxes series, financial planner Mehul Gandhi shifts from host to guest as wealth advisor Joe Basque leads the conversation. Together, they unpack the “tax bomb” that often awaits successful business owners and their families—and why traditional estate planning falls short. From deemed dispositions to double taxation inside corporations, Mehul explains why wealth built in HoldCos and O...
15 May 2025
Death & Taxes Part 1 - Interview with the Tax Lawyer
Death and taxes: two certainties—only one comes with a legal strategy. In Part 1 of this two-part series, Mehul Gandhi sits down with Jonathan Wright, corporate and tax lawyer at Ritchie, Kwo, & Wright LLP to unpack the complexities of dying with private company shares in Canada. From triple taxation nightmares to the strategic use of estate freezes, pipelines, and loss carrybacks, this episode lays the groundwork for business owners (and their advisors) to understand what really happens ...
3 Apr 2025
Don’t Let the TOSI Tail Wag the Dog: Income Splitting Insights with @CanadaTaxGuy
What’s the deal with TOSI? If you’re a Canadian business owner, understanding the Tax on Split Income (TOSI) rules can save you from unintended tax bills — or even a nasty CRA audit. In this episode we sit down with Mohammed Al-khooly, tax expert, Twitter sensation (@CanadaTaxGuy), and co-founder of Copilot Tax, to dive into the world of income splitting. We unpack how TOSI works, who it applies to, and the common pitfalls that business owners face. Expect to learn: ✅ What income splitt...
13 Mar 2025
Do you Need a Holding Company?
Thinking about setting up a holding company? Before you do, tune in to this episode of Mind Your Money! Host Mehul Gandhi sits down with CPA and founder of Simplify Accounting, Shawn Gander, to break down everything business owners need to know about holding companies—what they are, when you actually need one, and why too many entrepreneurs set them up for the wrong reasons. Sean shares insights on: ✅ How holding companies work and their tax advantages ✅ The #1 reason they’re used for wealth ...
6 Dec 2024
Let's Talk About CPP
Aravind Sithamparapillai and Jason Yee, industry experts, join Mehul to demystify Canada's CPP and its recent enhancements, empowering listeners to make informed retirement decisions.
23 Oct 2024
What Are You Retiring To?
So much of retirement planning is based on retirement income. Something that many advisors do not talk about with their clients is what retirement life is going to look like. Mehul interviews retirement expert, Susan Latremoille, on the non-financial side of retirement and the work she does to make sure individuals spend their retirement feeling enriched and fulfilled. We hope you enjoy the episode! Susan Latremoille | LinkedInTransforming Your Next Chapter | Retirement Lifestyle Plannin...
25 Sept 2024
Alternative Minimum Tax Matters
The Alternative Minimum Tax (AMT) has gone through some changes in the last two years. Mehul interviews tax accountant, Yvonne Chu of Journey Tax Solutions to find out how the changes to AMT affect Canadians. In this episode, we cover what AMT is, why it was originally introduced, and how it has changed from a calculation that rarely applied to one that must be seriously considered by tax payers. Yvonne Chu, CPA, CA | LinkedInJourney Tax SolutionsExtra Video Content: Examples of AMT Calculations
19 Aug 2024
The Individual Pension Plan: A 'Super-Charged' RRSP?
Individual Pension Plans (IPP) have been described as corporate RRSP's or 'Super-Charged' RRSPs. They are essentially defined benefit plans for private corporations and incorporated professionals. IPPs are not very popular, but recent tax changes are giving these retirement savings vehicles more attention. Mehul interviews Navaz Cassam, President of the Alberta-based actuarial firm, GBL Inc. on all things IPPs. We hope you enjoy the episode! About GBL - Financial Solutions for Business O...
1 Aug 2024
Is Real Estate a 'Good' Investment
In major Canadian cities like Vancouver and Toronto, real estate has been seen to be a good investment historically because of growing demand, shrinking supply, low interest rates, and easy access to leverage. Most agree that that many Canadian cities have a housing affordability crisis and have put pressure on governments to intervene. Now, in a high-interest rate environment and new government policies on rent control and tenant rights, investing in Canadian real estate may no longer be appealing. Listen as Mehul interviews Keaton Bessey, Managing Broker of Greater Vancouver Tenant & Property Management Ltd. about the reality of investing in Canadian real estate today.
Keaton Bessey | LinkedIn (https://www.linkedin.com/in/kbessey/?originalSubdomain=ca)
Keaton Bessey | X (Twitter) (https://twitter.com/kbessey)
GREATER VANCOUVER TENANT & PROPERTY MANAGEMENT LTD. (gvantpm.com) (https://gvantpm.com/)
This podcast episode has been prepared by Mehul Gandhi, CFP®, CLU®, TEP an Estate Planning Specialist and Senior Insurance Advisor for Westmount Wealth Planning Inc., as well as a Financial Planner for Westmount Wealth Management Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This episode contains the current opinions of the host and guests, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax, or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation.
9 Jul 2024
The Financial Impact of 'No-Fault' Car Insurance in British Columbia
In British Columbia's 'no-fault' car insurance regime, individuals not at fault in an accident are limited to pre-determined levels of wage loss replacement and medical expense repayment, potentially leading to financial ruin. Mehul interviews Personal Injury and Estate litigation lawyer, Elisabeth Sadowski from Hammerco Lawyers to learn about how no-fault insurance works and what British Columbians can do to prevent financial setbacks if they are in a motor vehicle accident. We hope you enjoy the episode!
Our Guest
Elisabeth Sadowski — Hammerco (https://hammerco.ca/our-firm/our-people/elisabeth-sadowski/)
Find a Primary Care Giver in BC
Divisions of Family Practice | Divisions of Family Practice (divisionsbc.ca) (https://divisionsbc.ca/)
Health Connect Registry | HealthLink BC (https://www.healthlinkbc.ca/health-connect-registry)
Find an Occupational Therapist in BC
CHCPBC | College of Health and Care Professionals of BC (https://chcpbc.org/)
ICBC No-Fault Insurance
Basic insurance and Enhanced Care (icbc.com)
(https://www.icbc.com/insurance/products-coverage/basic-insurance?utm_source=google&utm_medium=cpc&utm_campaign=basicinsurance_enhancedcare&gad_source=1&gclid=Cj0KCQjwv7O0BhDwARIsAC0sjWMn0ag-u4-msvpyAHoRq_0V26smzzbCXy2aSuRd-3tEr236jnLpayUaAuHMEALw_wcB)
This podcast episode has been prepared by Mehul Gandhi, CFP®, CLU®, TEP an Estate Planning Specialist and Senior Insurance Advisor for Westmount Wealth Planning Inc., as well as a Financial Planner for Westmount Wealth Management Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This episode contains the current opinions of the host and guests, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax, or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation.
23 Jun 2024
Changes to the Capital Gains Tax in Canada
The only constant in life is change. The percentage of a capital gain that is included as income in the year the gain is realized is currently 50%. As of June 25, 2024, that inclusion rate will increase to 66.67%. Mehul interviews tax lawyer and partner, Rebecca Cynader from Scion Law about the changes to the capital gains inclusions rate, who it affects, what Canadian individuals, companies, and trusts need to be aware of. We hope you enjoy the episode!
Scion Law (https://www.scionlaw.com/team/rebecca-cynader)
Rebecca Cynader | LinkedIn (https://www.linkedin.com/in/rebecca-cynader/?original_referer=https%3A%2F%2Fwww%2Egoogle%2Ecom%2F&originalSubdomain=ca)
This podcast episode has been prepared by Mehul Gandhi, CFP®, CLU®, TEP an Estate Planning Specialist and Senior Insurance Advisor for Westmount Wealth Planning Inc., as well as a Financial Planner for Westmount Wealth Management Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This episode contains the current opinions of the host and guests, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax, or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation.
10 Jun 2024
Donor Advised Funds: A Better Way to Give
Large donations have increased over the years in Canada. Mehul interviews Ian Currie, Regional Development Manager for of Western Canada for Canada Gives, a registered charity that centralizes the process of giving through donor advised funds (DAF). Mehul and Ian discuss the details and benefits of DAFs and how they can simplify the donation process for wealthy Canadian donors. We hope you enjoy the episode!
Learn How to Start a Foundation in Canada with Canada Gives Foundation (https://www.canadagives.ca/)
2 May 2024
Planning Your Retirement
The last thing retirees want is to run out of money. Mehul interviews Joey Basque, financial planner at Westmount Wealth Management, about financial planning for retirement. Joey and |Mehul start the episode laying out the basics of retirement income planning, and then spend time discussing the crucial parts of a retirement income plan that pre-retirees and retirees need to consider. We hope you enjoy the episode!
20 Mar 2024
A Consumer's Guide to Critical Illness Insurance
Mehul speaks with Sheila Burns, a director at CLHIA, about their new Critical Illness Insurance Consumer Guide. Critical Illness insurance is is one of the most misunderstood types of insurance in Canada. It is also one of the least talked about by consumers and insurance advisors alike. The Canadian Life and Health Insurance Association (CLHIA), a consumer based association recently released a consumer guide on critical illness insurance to help canadian consumers. Sheila starts with explaning about the decision to create the guide and then we get into a detaild discussion on critical illness insurance.
A link to the guide: CLHIA-ACCAP - Consumer Information - A guide to critical illness insurance (uberflip.com) (http://clhia.uberflip.com/i/1516153-a-guide-to-critical-illness-insurance/19)
31 Aug 2023
Charitable Donations and Tax Credits
Thousands of individuals and corporations in Canada donate to charities every year. Learn about the tax implications of making charitable donations from Tax lawyer, Amanda Doucette.
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This information has been prepared by Mehul Gandhi, CFP®, CLU®, TEP who is a Senior Insurance Advisor and Managing Director for Westmount Wealth Planning Inc. Westmount Wealth Planning Inc. is a subsidiary of Westmount Wealth Management Inc. Westmount Wealth Management Inc. is registered as a Portfolio Manager in British Columbia, Alberta, and Ontario.
This media presentation contains the current opinions of the presenters and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide personalized legal, accounting, tax or specific investment advice. Please speak to a Westmount Wealth Advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein may be based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. This is not a sales solicitation which may only be made with the presentation of an offering document. These comments are solely intended to refer to products sold under a life insurance license. All investments contain risk and may gain or lose value.
Certain statements in this presentation are forward looking. Forward-looking statements are statements that are predictive in nature and depend on or refer to future events or conditions. Statements that look forward in time are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the Forward-looking statements. The audience member is cautioned to consider the Forward-looking statements carefully and not to place undue reliance on them. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise the Forward-looking statements, whether as a result of new information, future events or otherwise.
Please refer to our Social Media Policy found here for important additional information: https://www.westmountwealth.com/legal-privacy/social-media-disclosure/
Inside a recent episode
How to Sell Your Business
Published 19 Feb 2026 · Transcript excerpt
[…] I think once a business owner understands how an inquirer could see his or her business, then I think they'll take, they could take the right actions to feel like they were cleaning things up, fixing things up, modernizing things, as you said earlier, that way the business is more presentable. It's also sort of like something a house, if you think about it, before you start your house, you know, you move along, you put up maybe a fresh corner paint, you might even stage the home, right? This is really the same thing, right? I find that, you know, with a lot of business owners do, they go, wow, the business is profitable, very profitable. […]
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