Tuesday Aug 13, 2024
74: Canada's $2T+ Growing Debt and It's Implications with 360° Wealth Strategies' Mike Sidhu
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EPISODE DESCRIPTION
Episode 74: Matt and Taylor are joined by Mike Sidhu, CFP, CLU, FMA, RCIS, and IBC Practitioner. Mike is a Financial & Tax Planning Strategist and the President of 360° Wealth Strategies & Solutions from British Columbia, who's practice is dedicated to enhancing clients' financial literacy and empowering them towards financial sovereignty, emphasizing critical thinking in wealth management. With nearly three decades in the finance industry, his expertise lies in simplifying complex financial strategies such as succession planning, intergenerational wealth transfers, trusts, and tax-minimization techniques, making them accessible and actionable for his clients. Michael regularly presents on tax and financial planning topics to audiences including accountants, lawyers, and fellow financial professionals. He is also a published author in property rights and political theory, a sought-after guest on podcasts, and a contributor to financial blogs.
Mike is here to discuss:
→ His business niche and the benefits of whole life insurance.
→ Canada's growing $2 Trillion in debt and the debt clock, why we started taking international money in the 1970s, the consequences of this debt, and the possible solutions.
→ The proposed capital gains tax increase, separating it from the federal budget into it's own legislation piece, and if it's possible the capital gains won't actually happen.
IBCanada Website: www.ibcanadagroup.com
IBCanada Instagram: @ibcanadagroup
IBCanada YouTube: @ibcanadagroup
Mike Sidhu's Email: mike@360wss.com
MIke Sidhu's LinkedIn: @MichaelSidhu
Mike Sidhu's Facebook: @MikeSidhu
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The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca
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CONNECT WITH THE SHOW
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Kelowna Real Estate Podcast YouTube: @KelownaRealEstatePodcast
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CONNECT WITH MATT
Matt Glen's Website: www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: @mattglenrealestate
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CONNECT WITH TAYLOR
Taylor Atkinson's Website: www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: @VentureMortgages
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