with Jerry Henshall
Jerry Henshall B.Sc., C.A., MCP discussed the Tax strategies for self employed professionals which included the pro’s and cons of being a sole proprietor versus incorporation. The concept of income splitting with spouses as well as lower tax brackets gave incorporation a distinct advantage under certain circumstances. Jerry also discussed expenses and indicated what could and could not be used for write-offs.
Janie emphasized that investing in biotechnology has huge implications for humankind. She discussed the companies that CMDF currently invest in and the remarkable achievements they have made. An example was AEGera Therapeutics, a private company in CMDF’s portfolio, located in Montreal that announced a breakthrough technique in stem cell research using adult human skin. This promises to hold great promise for both health care and the Canadian economy.