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You worked hard. You took the risk. You built the business. So why does it feel like the CRA is the biggest partner you never invited in?

On today's episode, Darren and Christina break down the most dangerous corporate cash traps business owners fall into — often without even realizing it. From passive income clawbacks to estate planning disasters, these mistakes quietly erode your profits and limit your future options.

This is required listening for Canadian business owners who want control, flexibility, and tax efficiency — not surprises from the CRA.

Show notes:

00:00 - Introduction

1:50 - What are corporate cash traps?

3:10 - The passive income trap

7:10 - Inefficient profit distribution

9:25 - Corporate association rules

11:55 - Estate planning traps

14:20 - Loss of the lifetime capital gains exemption

17:50 - How do we solve these traps?

21:15 - Real life example

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Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.

The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.