Individual Pension Plans: The Story

2019 Updates

This is the story of Al, a business opener-manager who is trying to figure out what an IPP is all about. We trust that in following Al’s journey, you gain insight about these programs and maybe a touch of our inspiration and enthusiasm for managing them.

Insurance Planning: Split Beneficiary Agreements

Life insurance can be a cost-efficient tool to fund various needs upon the death of a shareholder or key employee. For example, it can provide the necessary cash to surviving shareholder(s) to purchase the shares of their deceased partner. Or, it can provide funding to assist the corporation in the transition when a key employee has been lost.

Budget Update 2018

Our 2018 budget came in like a lamb, not the lion we feared from pre-budget consultation. Changes to personal finance and investment taxation were far less noteworthy than originally threatened with the Canadian small business remaining the target for change. Largely at issue are corporations holding real estate, stocks and bonds (passive investments) intended not for reinvestment within the corporation, but for the benefit of its shareholders.

Update: Individual Pension Plans in 2016

Individual Pension Plans have been one of our passions since 1997 when our senior portfolio manager (Ian Quigley) began wholesaling the concept to brokers and planners on behalf of a national insurance company. In 2000, Ian started Qube and IPPs have been a major area of focus for our company ever since. This proved to be a wise choice, as these programs have become a strong tax and investment-planning tool for many Canadians – one that all business owners and executives should review if they are over age 40.

The Small Business Health Plan

While corporate sponsored health plans provide employees protection from the expense of drugs, dental, vision and other healthcare, they also provide a tax-efficient form of compensation. Health plans in Canada, also called Private Health Service Plans (PHSPs), are a deductible expense to the corporation and a non‐taxable benefit to employees. This means that employees can arrange, through a PHSP, to have medical bills paid on their behalf, without attracting income tax.

Qube Film: Who Doesn't Love a Good Scandal?

Check out this video for Qube's Comments on Volkswagen!

Qube Whitepaper: Is There a Retirement Crisis in Canada?

2008 brought one of the sharpest declines in stock market values ever seen in the 200-year history of North American equity markets. This particular downturn also spurred a new round of analysis on the adequacy of the Canadian retirement system, addressing the growing concern that what we are dealing with is a Pension Crisis. 

Eligibility of Massage Therapy in Alberta

When determining whether a medical expense is eligible for reimbursement in a Health Spending Account (HSA), the criteria is determination of acceptance under the Income Tax Act (ITA). If it is allowed by the ITA and can be claimed on the personal tax return, then it can be covered in an employer sponsored Private Health Plan (PHSP/HSA). The ITA states that payments to qualified medical practitioners are eligible, but it does not expand upon which medical professions are considered qualified.

Whitepaper: 2014 Update on Individual Pension Plans (IPPs)

A perspective that is unique to Qube is that we believe the best pension plan is one that is justified even if it only runs for a few years. Using pension legislation, it is possible to create a large deductible first-year deposit that can easily justify running the pension program for only a couple of years.

Whitepaper: New CRA Guidance on Private Health Plans (PHSPs)

On July 24, 2015, CRA released a new Income Tax Folio S2-F1-C1 entitled Health and Welfare Trusts. This folio replaces and cancels IT Bulletin IT-85R2, Health and Welfare Trusts for Employees. This information relates to Health and Welfare Trusts, which are used less often amongst private employers than many realize. Health and Welfare Trusts are used when funding for various benefits is done in advance and in a trusteed environment. Most private employers will simply fund benefit plan costs as they are incurred.

Whitepaper: New CRA Guidance on Private Health Plans (PHSPs)


I wonder if we were to approach the average Albertan and ask him or her whether Alberta has an ‘all in nobody out’ provincial Pharmacare Program, how many would correctly answer ‘no’. Though we do have ‘catastrophic drug coverage’ for select groups like seniors and those on social-assistance, how many would know that average Albertans do not have universal access to prescription drugs?

9414 91 Street
Edmonton, AB, T6C 3P4, Canada
**Please note that we have temporarily relocated our office until March 31, 2021 to: 
10033-80 Avenue, Suite 101
Edmonton, AB, T6E 1T4, Canada
Telephone: 780.463.2688
Email: info@qubeinvest.ca


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