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Community work

Giving back is how we help keep the cycle of wealth moving.

We believe in sharing wealth, giving back and making a difference in the community. We see businesses playing an important role in supporting their local communities not only financially, but by freely sharing their knowledge and experience. This is why we encourage our staff to volunteer, and as a company we get involved wherever we can make a difference.

Giving financially and in-kind

Each year we ensure we give both financially, and/or in-kind by sharing our expertise with select not-for-profit organizations whose mandates inspire us, such as:

  • African Housing Sponsorship
  • BC Cancer Foundation
  • Canuck Place Hospice, Abbotsford
  • Canadian Cancer Society
  • Canadian Red Cross
  • Delta View Enrichment Centre
  • Education Without Borders Foundation
  • Grace Point Community Church
  • Greater Langley Chamber of Commerce
  • Kids Cancer Care
  • Langley Animal Protection Society
  • Langley Food Bank
  • Langley Hospital Foundation
  • Langley Memorial Hospital Foundation
  • Langley School District Foundation
  • Operation Red Nose - Langley/Surrey
  • Peace Arch Hospital Foundation
  • Stepping Stone Community Services Society
  • TD Dunk Tank
  • The Salvation Army
  • Tres Islas Orphanage Fund
  • Trinity Golf tournament
  • Trinity Western University
  • Under The Same Sun Foundation
  • Union Gospel Mission
  • VGA Benevolent Foundation

Quick Tips

Business Management

Make sure that your electronic data is backed up regularly and stored offsite.
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Tax

Combine donations made by both spouses onto only one tax return to maximize the tax benefits.
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Tax

Snowbirds, note: A second home or cottage is regarded as personal-use property if used primarily by the taxpayer or a relative (or beneficiary).
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Debt Management

If possible, utilize financing options that calculate interest on net borrowings by offsetting cash balances that you may have against your debt.
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Business Management

Review all guarantees on a regular basis to ensure that, where possible, they are reduced regularly.
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Tax

Use the advantages of the low corporate tax rate on active business income to defer taxes.
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Financial Planning

Compare your monthly income needs to long-term disability coverage.
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Financial Planning

Create a retirement and wealth creation plan as early as possible with the help of your investment professional.
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Financial Planning

Review and update your Will every two years or when situations in your life change.
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Tax

If you borrowed funds to purchase real estate from which you’ll earn income, the interest expense is deductible, unless the real estate is vacant land.
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Business Management

Use accounting software to compare your business performance to your budget.
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Business Management

Consider setting up a Board of Advisors for your business.
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Financial Planning

Compare the after-tax returns for each investment rather than the before-tax returns.
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Tax

If you stayed home to raise young children, apply for the Child Rearing Drop-out when you apply for any CPP benefits.
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Tax

Reduce taxes by donating stock with capital gains to your favourite charity.
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Tax

Income splitting pensions can reduce taxes.
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Financial Planning

Use life insurance products to protect your family and the value of your estate.
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Debt Management

All things being equal, repay any debt with the highest interest rate first.
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Financial Planning

Improve the value of your business by preparing it for sale or transition; plan for it today even if you are not thinking of selling it.
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Business Management

Incorporate a holding company to help manage your business risks.
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Debt Management

Businesses should match the repayment terms of debt to the life of an asset to avert liquidity problems.
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Tax

Utilize an Employee Health Services Plan in your business to reduce the after-tax cost of your medical expenses.
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Tax

Review the allocation of investments between your RRSP and non-registered investment accounts to ensure investments are being held in the most tax advantageous manner.
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Business Management

Make sure that you have a great bookkeeper.
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Debt Management

Take advantage of low interest rates to refinance and reorganize your debt.
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Debt Management

Get out of non-tax deductible debt as quickly as possible.
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Tax

If your business is not incorporated, you can write off business losses against other income.
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Business Management

Don’t make a business decisions based solely on tax consequences.
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Tax

Use life insurance products to transfer wealth tax effectively to the next generation.
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Tax

Contribute to your RRSP early to maximize tax deferred growth.
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Tax

Save taxes with tax-free savings accounts.
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Business Management

Review your business to take advantage of all government training grants available.
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Tax

A single person can claim a tax credit for a dependent child, grandchild, sibling, parent or grandparent.
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Debt Management

Where possible, seek financing options that are not due on demand.
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Debt Management

Avoid carrying balances on credit cards.
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Tax

Get your tax returns to your accountant early for timely filing.
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Tax

Review your business activities to see if they qualify for the Scientific and Experimental Development tax credit.
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“Over the six years that Facet has been our accounting firm we’ve found we can completely trust their business advice and decisions. They have a solid understanding of our business and always deliver great quality work, on time. We have a lot of faith in them.”

—David Cannon
Game Day International

In the Community

Giving back is how we help keep the cycle of wealth moving. Read more »

Local Perspective. Global Reach.

If you travel or do business outside of Canada our affiliation with The Leading Edge Alliance means we can take care of your business wherever you are.

Contact Us

If you'd like to talk to someone about our business and services, please call Darren Millard at

+1 604 534 3004