Heres a question to you regarding the self-employed:
Many self-employed individuals pay themselves via dividends for tax purposes, however one of the drawbacks to that is that people who strictly earn dividends dont contribute to CPP or generate new RRSP room and thus wouldnt be eligible to collect, or would collect less, CPP upon retirement.
There are tax-planning alternatives to counter this but what would your advice be? Is it better to maintain strict dividends and effectively opt out of CPP because individuals can invest and plan for their own retirements better than the Government can? What value would you place on the certainty or guarantee of CPP?
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