In this highly informative episode of The Country Club Podcast, Diana Cassidy-Bush welcomes Chartered Professional Accountant Ben Bryden from Wilkinson & Company to break down one of the most misunderstood and most consequential topics in real estate: capital gains tax.

Ben walks listeners through the whirlwind of tax changes proposed since 2024, explaining what was supposed to happen, what actually happened, and what property owners should know as we approach 2026.

Whether you own a cottage, rental, farmland, or you’re thinking about selling in the next few years, this conversation gives you the clarity you need to plan confidently and avoid surprises.

Key Takeaways

1. The Capital Gains Inclusion Rate Remains at 50% as of this recording

Despite the upheaval from 2024–2025, the proposed increase to a ⅔ inclusion rate was cancelled in March 2025, leaving the long-standing 50% rate in place. This eliminates the urgency sellers once felt but future budgets may still bring change.

2. Timing Matters—Your Income Year Affects Your Tax Bill

Consider selling in a year where your income is lower to reduce the marginal tax rate applied to your gain. Selling early in a calendar year can defers tax payment to the following April.

3. The 12-Month Rule Automatically Applies

If you sell a property within 12 months of buying it, the profit is generally treated as business income (100% taxable) rather than a capital gain (50% taxable). Only specific life events may qualify for exemptions.

4. The Principal Residence Exemption (PRE)

For people with multiple properties (house + cottage), thoughtful planning is key. You must choose which property to designate for PRE based on accrued gain per year. If you use the PRE on a cottage sale, future gains on your primary home may become taxable.

5. Mixed-Use Properties Have Special Rules

If part of your home is used for rental or business purposes:

• You may need to apportion the sale value between personal and income-producing use.
• Using more than 50% of your home for business can jeopardize the PRE entirely.

6. Land Size Matters

The principal residence exemption typically covers the home + up to ½ hectare (1.24 acres) of land. Additional land may be taxed separately unless you can prove it’s necessary to the home’s use.

7. “Change of Use” Can Trigger a Taxable Event

If you convert a principal residence into a rental (or vice versa), the CRA treats it as a deemed disposition—a taxable capital gain—even if you don’t sell the property. You can avoid this by filing a special election with your tax return. Missing the election can result in penalties and unexpected taxes.

8. Keep Every Receipt for Capital Improvements

There is no 7-year rule for cost-base documentation.

• Improvements that increase value (steel roof, addition, upgraded countertops) raise your adjusted cost base and lower your eventual capital gain.
• Repairs that simply restore condition (new shingles, repainting) do not count as capital improvements.

9. Estate Transfers Can Trigger Capital Gains

When someone passes away:

• Property transferred to a spouse rolls over tax-free.
• Property transferred to children triggers capital gains at fair market value.
• Large real-estate-heavy estates may face liquidity issues without planning.

10. Special Rules Apply to Farm Properties

Farms actively used in a farming business may qualify for:

• The Lifetime Capital Gains Exemption (LCGE)—now up to $1.25M
• Or special rollover provisions for transferring farmland to...

In this episode, Diana Cassidy-Bush sits down with Brian and Joanna Milligan, owners of Milligan Meats — the beloved local butcher shop that’s become a cornerstone for both year-round residents and weekend cottagers.

What started as a dream to stay close to home and community has turned into a thriving business built on passion, trust, and old-fashioned service. The Milligans’ share how they took a leap of faith, transformed a massive building into a welcoming local hub, and created a workplace that feels like family.

Whether you’re a small-town entrepreneur, a weekend visitor, or someone dreaming of your own “someday” business, this episode is full of inspiration, laughter, and lessons in leading with heart.

TIMESTAMPS

00:00 – 02:00 | Welcome to The Country Club Podcast — Diana introduces the Milligans and their story of starting Milligan Meats in Cloyne, Ontario

02:00 – 05:00 | From Alberta to Ontario — How Brian and Joanna met and how his lifelong butchering experience led to the dream of owning their own shop.

05:00 – 07:30 | Taking the Leap — Buying the building, trusting instincts, and Joanna’s creative vision that shaped the shop’s welcoming aesthetic.

07:30 – 10:30 | Creating the Milligan Experience — Why “old-fashioned” customer service never goes out of style.

10:30 – 13:30 | Building a Happy Team — The Milligans’ share how they cultivate harmony, fun, and respect among staff.

14:00 – 17:30 | Supporting Local, Building Community — How the shop supports farmers, bakers, and artisans; plus a touching story about a local charcuterie board maker.

17:30 – 20:30 | Seasonality and Growth — From summer crowds to hunting season, the rhythm of small-town business life.

20:30 – 24:00 | Adaptation and Expansion — Growing the team, expanding products, and balancing busy seasons with purpose.

24:00 – 28:00 | Secret Ingredients & Customer Favorites — Rib eyes, hamburger patties, barbecue sauce, and those famous chicken bobs.

28:00 – 30:00 | Final Reflections — The power of loving your work, giving back to the community, and finding joy in small-town life.

NOTABLE QUOTES

“I design everything by feel. When it feels right, I know it’s right — and so far, that hasn’t led us wrong.” — Joanna Milligan

“How can you not love your job when it’s all built around community, laughter, and good food?” — Diana Cassidy-Bush

KEY TAKEAWAYS

• Big Dreams Don’t Need A Big City: You can create a thriving business in your small town.
• Follow your instincts: Big dreams often start small — and scary. Trusting your gut pays off.
• Create experiences, not transactions: The Milligans built their success on connection, conversation, and care.
• Community is everything: Supporting local makers and farmers strengthens everyone’s success.
• Growth can be joyful: Even long hours feel lighter when your work aligns with your values.

RESOURCES & LINKS

• Milligan Meats, Coyne, ON — Visit in person or follow on social media for product updates and local stories.

Connect with Diana Cassidy-Bush:

Facebook: https://www.facebook.com/DianaCassidyBushRealEstate/

Instagram:

Myth: Small towns can’t sustain world-class arts.

Reality: They’re thriving.

In this episode of The Country Club Podcast, host Diana Cassidy-Bush welcomes Tim Porter and Emily Mewett of Tweed & Company Theatre, a powerhouse proving that rural Ontario is alive with creativity, culture, and opportunity.

From their start in 2009 to becoming one of Ontario’s top performing arts companies, Tweed & Co. has shattered expectations by bringing Broadway-level productions, concerts, comedy, and original Canadian works to intimate small-town stages.

Tim and Emily share how community support, collaboration, and bold vision turned a local dream into a cultural destination. They also bust the myth that you need a big city to build a big career in the arts—showing how small-town stages can create some of the most personal, memorable experiences anywhere.

🎭 Whether you’re an artist, entrepreneur, or someone chasing a dream in a smaller community, this conversation will inspire you to see rural life in a brand new light.

Timestamps

00:00 – 01:30 | Welcome to The Country Club Podcast – celebrating rural life, community, and opportunity.

01:30 – 03:30 | Meet Tim Porter & Emily Mewett from Tweed & Company.

03:30 – 05:30 | Why small-town theatre offers a more personal, meaningful experience.

05:30 – 07:30 | Community collaboration: local businesses and audiences rally behind the arts.

07:30 – 09:30 | The early days—renting venues, selling tickets at the Tweed News, and hustling for donors.

10:00 – 12:30 | Becoming one of Ontario’s youngest professional theatres.

12:30 – 14:30 | The turning point: new venues, big productions like Mamma Mia, and thousands of new audience members.

14:30 – 17:00 | Recognition, awards, and proving rural theatre is not “small scale.”

17:00 – 19:30 | Audience and performer feedback—why people can’t wait to come back.

19:30 – 22:00 | Investing in the future: youth programming, skill development, and hands-on learning.

22:00 – 24:30 | Why rural arts matter and how to experience them yourself.

24:30 – 26:00 | Closing thoughts: thriving careers and vibrant communities beyond the city limits.

Notable Quotes

• “It’s not small scale—it’s world-class talent in a more intimate setting.” – Tim Porter
• “The sense of community here is stronger. Success in one business leads to success across the town.” – Emily Mutt
• “We just need to get people in the door once. Then they’re sold.” – Tim Porter
• “The arts aren’t just alive outside the city—they’re thriving.” – Diana Cassidy-Bush
• “Our audiences here are so appreciative, because for them, it’s not just another show—it’s an experience that matters.” – Emily Mutt

Resources & Takeaways

• Tweed & Company: www.tweedandcompany.com – find tickets, merch, and program details.
• Recognized as one of Ontario’s top performing arts venues and winner of multiple arts & tourism awards.
• Young Company Program & High School Projects: Offering students hands-on experience in performance, stage management, costume design, and more.
• Community Power: Small-town arts thrive because of partnerships with businesses, service groups, and passionate volunteers.
• For dreamers: You can build a creative career—and a fulfilling life—outside the city.

Connect with Diana...

In this inspiring episode of The Country Club Podcast, host Diana Cassidy-Bush sits down with longtime educator and leader Louise Gunning, who has dedicated her career to shaping rural schools and communities in Ontario. From building new schools and leading through delays, to designing online learning during the pandemic, Louise shares her story of resilience, innovation, and heart.

Together, Diana and Louise explore how rural schools are at the heart of their communities—providing not only academics but also wellness programs, food security, and life opportunities for students. Louise also opens up about combining elementary and secondary schools under one roof, the surprising breadth of extracurricular activities available in small communities, and the essential role of parents, businesses, and neighbors in supporting education.

Whether you’re a parent considering a move to the country, an educator facing change, or simply curious about life and learning beyond the city, this conversation will leave you with wisdom, encouragement, and a deeper appreciation for the power of community in education.

Timestamps

00:00 – 02:00 | Introduction

02:30 – 04:30 | Louise reflects on the challenges that shaped her as a leader.

04:30 – 06:30 | Saying “yes” to challenges and encouraging growth outside comfort zones.

06:30 – 08:30 | How rural communities and schools nurture student wellness.

09:00 – 11:30 | Building Ontario’s first K–12 virtual school during the pandemic.

12:00 – 14:30 | The benefits of combining elementary and secondary schools.

15:00 – 17:30 | Clubs, musicals, carnivals, and sports—surprising opportunities in small schools.

18:00 – 20:30 | Schools as wellness hubs: breakfast programs, grocery pantries, and mental health supports.

20:30 – 22:30 | Advice for parents: public health resources, asking for help, and leaning on community.

22:30 – 24:30 | Louise’s leadership wisdom: lead with empathy, model resilience, and don’t underestimate kids.

24:30 – 25:30 | Closing reflections and call for listener questions.

Notable Quotes

• “We should never underestimate one another—children or adults.” – Louise Gunning
• “You don’t need fancy classrooms to thrive. What you need is a shared vision and determination.” – Louise Gunning
• “Rural schools are the heart of the community. Everyone knows everybody, and that creates a powerful safety net for kids.” – Louise Gunning
• “Transitions are tough, but leading with empathy and modeling healthy coping strategies makes all the difference.” – Louise Gunning
• “Our kids are often stronger and more resilient than we are.” – Louise Gunning

Connect with Diana Cassidy-Bush:

Facebook: https://www.facebook.com/DianaCassidyBushRealEstate/

Instagram: https://www.instagram.com/dianacassidybush

Linked In: https://www.linkedin.com/in/diana-cassidy-bush-aa2318b6/

YouTube: https://www.youtube.com/@dianacassidy-bush2027

Website: https://dianacassidybush.ca/

Email:

In this episode of The Country Club Podcast, host Diana Cassidy-Bush welcomes family physician Dr. Charles Mustard—who’s spent 19 years serving Tweed, Ontario—to unpack the unique landscape of wellness and healthcare in small-town life. From Dr. Mustard’s journey swapping urban pace for rural roots, to myth-busting assumptions about diversity and medical services in rural Ontario, you’ll learn how to leverage team-based clinics, allied health professionals, and nature’s restorative power to thrive beyond the city limits. Whether you’re a newcomer or a longtime resident, discover actionable tips for accessing primary care, building meaningful community connections, and embracing a balanced, health-first lifestyle in rural Ontario.

Timestamps:

00:00:00 – Intro: Welcome to The Country Club—beyond dress codes & tee times

00:00:30 – Podcast mission: more than buying property—plan, seize opportunities, build future

00:01:00 – Listener Q&A Recap: Lisa’s question on meeting people while working from home

00:02:30 – Episode focus: wellness & healthcare in rural Ontario with Dr. Charles Mustard

00:03:00 – Guest Intro: Dr. Mustard’s 19-year journey from urban practice to Tweed

00:04:00 – Dr. Mustard’s background: from North & cities to rural family practice

00:05:00 – Recruitment then & now: persistence of colleagues, team-based care models

00:07:00 – The rise of interdisciplinary rural clinics & why young docs want them

00:09:00 – Surprises: rural diversity, social connectedness & true “cradle-to-grave” care

00:10:30 – Personal adjustment: physician vs. spouse’s path to community involvement

00:12:30 – Defining wellness in the country: nature, balance & social ties

00:14:30 – Encouraging patients: hobbies, exercise & mid-day routines to connect locally

00:16:00 – Available services: team clinics, allied health & local specialists

00:19:00 – Comprehensive care: palliative support & family involvement

00:21:00 – Access tips: attaching to clinics, virtual care options & emergency fallback

00:23:00 – Evolution of primary care: chronic disease, EMRs & an aging population

00:24:30 – Doctor-patient bonds: confidentiality, rewards & community trust

00:26:00 – Dr. Mustard’s self-care: gardening, screened porch zen & travel adventures

00:28:30 – Closing thoughts & call for listener questions

00:30:00 – Outro: follow, consult professionals & stay tuned for more rural insights

Notable Quotes

“Social connectedness is a huge determinant of health.”

“There’s almost a spiritual connection to nature that people develop.”

Key Takeaways

1. Embrace Team-Based Care: Seek attachment to local interdisciplinary clinics—physicians, NPs, social workers, dieticians—sooner rather than later.
2. Leverage Nature: Encorporate outdoor activities—gardening, biking, mindful walks—to boost mental and physical wellness.
3. Build Community: Join hobby groups, volunteer committees or local events to accelerate social connectedness.
4. Own Your Care: Family doctors in rural areas often manage chronic conditions you’d otherwise see specialists for—empower yourself with regular check-ins and open dialogue.
5. Plan Ahead: Understand your local healthcare network—virtual options, allied services, emergency protocols—to navigate care seamlessly.

Connect with Diana Cassidy-Bush:

Facebook: Diana Cassidy-Bush, Sales Representative Royal LePage ProAlliance Realty | Tweed ON

Instagram:

In this episode of The Country Club Podcast, host Diana Cassidy-Bush dives into one of the biggest challenges for newcomers to rural and small-town living: forging genuine connections and making your house feel like home. Drawing on listener Rebecca’s question about balancing lifestyle goals with investment strategy for recreational properties, Diana shares a hybrid approach and then shifts gears to practical, actionable tips on how to intentionally build community. From identifying your personal interests to showing up consistently at local events, this episode equips you with the blueprint to turn your new hometown into a network of friends, neighbors, and opportunities. Whether you’re volunteering at the farmer’s market or hosting your own backyard gathering, Diana guides you through the steps to become a recognized—and valued—member of your rural community.

Timestamps

00:00 – 01:00 | Welcome & Podcast Introduction

01:00 – 04:00 | Listener Question: Balancing Lifestyle & Investment for Recreational Properties (the “Hybrid Approach”)

04:00 – 05:00 | Topic Overview: Building Community & Connection Beyond the City

05:00 – 07:00 | Step 1: Identify Your Interests—From gardening and wellness to sports and culture

07:00 – 09:00 | Step 2: Engage in Local Activities—Farmer’s markets, craft fairs, hiking groups, sports leagues

09:00 – 10:00 | Step 3: Leverage Local Businesses—Coffee shops, hardware stores, pubs as community hubs

10:00 – 12:00 | Step 4: Show Up & Be Consistent—Volunteer groups, seasonal events, being a familiar face

12:00 – 13:00 | Step 5: Embrace Rural Culture—Adopt the slower pace, join Facebook community groups, attend fundraisers

13:00 – 14:00 | Call to Action & How to Send in Your Questions

14:00 – 15:00 | Outro: Subscribe, Follow & Final Thoughts

Valuable Resources & Key Takeaways

Hybrid Approach Checklist

• Weeks per year you’ll use the property personally
• Income needed to cover costs or break even
• Seasonal calendar mapping (personal, family, friends, guest bookings)

Community Engagement Roadmap

• Interest Inventory: List hobbies, passions & family needs
• Activity Audit: Research local events, clubs, volunteer groups
• Business Partnerships: Introduce yourself to local shop owners & baristas

Action Steps

• Volunteer
• Attend weekly social gatherings: card nights, fitness classes, sports leagues
• Host your own meet-up: coffee chat, potluck dinner, nature walk

Digital & Social Tools

• Join community Facebook groups for event updates
• Follow local business Instagram pages for pop-up markets
• Use Nextdoor or local forums to announce meet-ups

Mindset Shift

• Commit to consistency—attend at least one event per week
• Say “yes” to invitations, even if outside your comfort zone
• Embrace every interaction as a seed for deeper connections

Connect with Diana Cassidy-Bush:

Facebook: https://www.facebook.com/DianaCassidyBushRealEstate/

Instagram: https://www.instagram.com/dianacassidybush

Linked In:

In this episode, host Diana Cassidy-Bush opens the door to real estate as a vehicle for building long-term wealth. With honesty and clarity, Diana explores how rural and recreational property ownership can evolve into a meaningful investment strategy—without needing to be a real estate mogul.

This is the ultimate beginner’s guide to seeing real estate through an investor’s lens. Diana walks listeners through different types of property investments—from raw land to duplexes, flips to long-term rentals—and reveals how smart, strategic moves can generate passive income, fund retirement, and create generational wealth.

Timestamps:

00:00 – Welcome to The Country Club Podcast

01:00 – Listener question: renovating waterfront property

02:00 – Why we weren’t taught wealth-building in school

03:00 – Traditional investing vs. real estate investing

05:00 – It’s not either/or—diversify your wealth strategy

06:00 – The importance of timing and calculated risk

08:00 – Viewing your home as an investment

09:30 – Why your REALTOR® is your most valuable advisor

11:00 – Building your investment team

11:30 – Real estate investment niches explained

12:30 – Land investing strategies

14:00 – Residential and commercial property options

15:00 – House hacking vs. house flipping

16:00 – Buy and hold: what it means and why it works

17:00 – The BRRRR method and refinancing for growth

18:00 – Passive income through rentals

19:30 – Short-term rentals and regulation considerations

21:00 – Final thoughts: start the conversation, build your future

Notable Quotes:

“If you’re already a property owner, you’re already a real estate investor—now it’s time to look at your property through the lens of opportunity.”

“Real estate investing isn’t a solo sport. Build your team. Start with a REALTOR® who walks the walk.”

“It’s not about get-rich-quick—it’s about being informed, strategic, and aligned with your life goals.”

“The right property in the right market, with the right team, can absolutely change your financial future.”

Resources & Takeaways:

• Diversification is key: Real estate should complement—not replace—traditional investments.
• Work with professionals: Your real estate advisor is as critical as your financial planner.
• Know your strategy: From BRRRR to house hacking to raw land holding, each path has pros and cons.
• Timing matters: The best opportunities often arise when the market feels uncertain.
• Start with what you have: Your own home, cottage, or rental could be your first wealth-building asset.

Connect with Diana Cassidy-Bush:

Facebook: https://www.facebook.com/DianaCassidyBushRealEstate/

Instagram: https://www.instagram.com/dianacassidybush

Linked In: https://www.linkedin.com/in/diana-cassidy-bush-aa2318b6/

YouTube: https://www.youtube.com/@dianacassidy-bush2027

Website:

In this refreshingly real and inspiring episode of The Country Club Podcast, host Diana Cassidy-Bush dives into the dream—and the details—of cottage ownership in Ontario. Joined by cottage owner and mortgage expert Nicolee Evans from Laframboise Mortgage, this episode walks you through everything you need to know to make your lakefront dreams a financial reality.

From unexpected winter repairs to financing options for island-access properties, they cover the joys and challenges of recreational real estate ownership with honesty, clarity, and laughter. Whether you're dreaming of your first dock or planning your third, this episode is your ultimate guide to getting your docks in a row.

Timestamps:

00:00 – Welcome to the Country Club Podcast

01:10 – Listener Q&A: Conditional offers & getting your deposit back

02:45 – Setting the scene: Why cottage life is so magical in Canada

04:30 – Nicolee’s personal journey to cottage ownership

06:00 – The surprise realities of owning a recreational property

08:15 – Why a property manager might be a must

09:20 – Financing a cottage vs a primary home: What’s different?

11:10 – What lenders look for in cottage properties

13:30 – Affordability, alternative lenders & B-20 regulations

16:40 – Unique properties, HELOCs, and mortgage strategy

20:00 – The truth about Airbnb and short-term rentals

24:30 – Documentation & pre-approval tips to save your sanity

28:00 – Credit scores, mortgage partners & being prepared

32:00 – Why communication between your real estate team matters

33:50 – Top 3 tips before making an offer on a cottage

35:30 – The emotional & lifestyle value of a family retreat

38:00 – Cottage ownership as a long-term investment

40:30 – Nicolee’s advice to her past self: Take your time & do your research

42:00 – Final thoughts: Cottage life isn’t “set it and forget it”—but it’s worth it

Notable Quotes:

"Get your docks in a row. It's not just a clever saying—it’s the smartest thing you can do before diving into cottage ownership." – Diana Cassidy-Bush

"Eyes wide open: that’s how you make smart, soulful real estate decisions." – Nicolee Evans

"The goal isn’t just to qualify. The goal is to sleep at night knowing the property enhances your life, not burdens it." – Nicolee Evans

Resources & Takeaways:

Key Takeaways:

• Be Realistic About Financing: Secondary properties often require a bigger down payment and different lending rules. Speak to a mortgage pro early.
• Plan for Property Maintenance: Seasonal wear-and-tear, distance, and utility quirks are all part of cottage ownership.
• Know Your Lending Types: From A-lenders to B-lenders to private financing and HELOC strategies, the structure can make or break your deal.
• Don’t Rely on Rental Income: Airbnb income can’t always be counted on for financing and adds layers of complexity with insurance and zoning.
• Start the Conversation Early: Your mortgage and real estate team can help you build a plan—even if you're not ready yet.

Learn more: https://www.laframboisemortgage.ca/

Connect with Diana Cassidy-Bush:

Facebook: https://www.facebook.com/DianaCassidyBushRealEstate/

Instagram: https://www.instagram.com/dianacassidybush

Linked In: