CONGRATULATIONS, AL SCHICK CONSTRUCTION - CELEBRATING 10 YEARS OF TRUSTWORTHY BUSINESS PRACTICES IN REGINA
TRUSTED REGINA RECOGNIZES OUR PARTNERS WHO HAVE BEEN TRUSTED FOR OVER 10 YEARS!
In this series of recognition articles, we continue to spotlight the businesses that have been Trusted Regina Partners for over ten years. We recognize the partners that joined us in 2012. We want to thank them for TRUSTING our team, and we are identifying each of them individually for providing ten years of OUTSTANDING service to the citizens of Regina and the surrounding area! This latest article celebrates and recognizes Al Schick Construction, Trusted Regina Contractor, and Regina residential renovation pros.
'A Regina General Contractor You Can Trust
Al Schick has led the way in the residential construction industry in Regina for quality, integrity, and service. More recently, his son Les Schick joined the business, and the standards have remained outstanding!

A HISTORY OF EXCELLENCE AS STANDARD
Al Schick Construction is a local family-owned and operated Regina renovation company. Al Schick has many decades of renovation and project management experience. His reputation in Regina as a contractor is second to none. Al learned the construction business from the ground up, and he is a sought-after project manager who prides himself on the quality of the work his team produces!
Construction runs in the family, and Al has passed on his knowledge & skills to his son Les Schick. Les has helped out in the business since he was a teenager, and more recently, he decided to join the company full-time.
Al Schick Construction specializes in residential and smaller commercial projects in and around Regina, Saskatchewan. If you need interior and exterior renovations on your office or home, they are experienced Trusted Regina contractors.
Are you planning to renovate a specific area of your home or business? Look to the Regina renovation experts at Al Schick Construction to get the job done right the first time! Check out the list of contracting services they offer here: services.
Al Schick has only recently got a website built; he was busy enough without one. The new website was developed and produced by our sister company, Trusted Marketing Services. There you can see plenty of examples of Al and Les's past projects, testimonials, and customer feedback. The reviews are consistently excellent because Al is always in pursuit of excellence!
QUALITY WORK, ON TIME, ON BUDGET & WITH OUTSTANDING SERVICE!
What Their Clients Say...
"On a scale of 1-10, Al Schick gets a 10 plus! He is a man who is clearly respected by the sub-trades that work for him and is more than wonderful to work with. He went above and beyond what was expected. Al is cooperative, accommodating and great at helping find solutions to fix problems. We will always recommend him as in my opinion there is no one else quite like him. We had a deadline and miraculously he was able to meet it. He absolutely upheld all the trusted guarantees and some. We are truly thankful for Al and his team" - Martha.O. Regina, SK.
" Al is first class all the way! We had a basement renovation completed by Al as well as an extremely complicated garage added to our home. I would give a 10 out of 10 rating on every aspect of his integrity as well as workmanship. I have sent many friends to Al and will continue to do so. If I ever need work done in the future I will pick up the phone, call Al and never even question his bill. I truly do trust him to do a great job" Bob.R. Regina SK.
A Word From Al
"We offer our customers the same personable, friendly, trustworthy & professional work that we have since the beginning. As compared to other, larger companies we get to know you, the client, as a person and not just a number. We cater to what you want and what you need, and our goal is to help bring your vision to life. " Al Schick
A word from Trusted Sara about her personal experience with Al Schick Construction.
" I was told about Al Schick within weeks of arriving in Regina and looking for good, trustworthy contractors. He was quite hard to track down initially, as he had no website or social media, I eventually got his card from another client in the home building industry and gave him a call. He was friendly on the phone and seemed intrigued about the concept. He agreed to meet me for coffee to learn more but did warn me that he doesn't advertise. Our meeting went really well, he struck me as a warm, humble and friendly man who clearly cares about his customers. He talked about how important it was to him that his customers were happy with the work that was done, and how he was lucky to be doing what he loved for a living. To this day I am grateful that the only place he ever advertised is Trusted Regina, and that he extended his trust to me, he is a perfect example of the kind of businesses I love working with and promoting.
More recently, I was thrilled that I was able to talk him into having a website - I said "Al it's time you showcased what you do and you make it easier for people to find and check you out before contacting you." - I am glad that he trusted me once again, and I am so pleased with how the website and his new branding and logo turned out. In 2022 I met Les Schick for the first time. We met lots and worked together on website content, so I got to know him well which has been great. Les is a chip off the old block and it is great to see a long-term succession plan in place. Regina is lucky to have such a wonderful family construction business as an option, and I can't recommend Al Schick Construction highly enough. - Sara Wheelwright, Trusted Regina founder.
Thank you for TRUSTING us, Al and Les
. You have provided ten years of AMAZING service to the people of Regina & area as a Trusted Regina Partner in
Regina Contractors and
Regina Renovations categories. We are proud to support Al Schick Construction, and we are thrilled to share that they have diligently upheld the 5 TRUSTED GUARANTEES of service and NEVER had a complaint.
Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they talk about going on vacation and your auto insurance.
Vacations can take you away, i.e. the cruise of a lifetime, other times you are using travelling somewhere with your vehicle. Here are a few tips to remember as you prepare for either vacation.
- If you are not taking your car, and leaving it at home, be sure to take anything personal out of the vehicle including your auto insurance policy and put it safely in your home. If your vehicle is kept in your garage, keep the keys separately from it and out of sight. When you return, you can return your personal items to your vehicle.
Road Trips and Your Auto Insurance
- Know Your Car Insurance Policy – Read through your existing coverage to ensure that it provides everything you need to remain safely protected no matter where you’re travelling. Make sure you know if you are covered in Canada and the US and what would happen if you were in an accident.
- Make sure that your car is ready for the long journey ahead. Visit your car mechanic and make sure the important service checks are up to date (e.g. tires, oil pressure, brakes, fluid levels). If you’re attaching a hitch or trailer to your car, check that it, and all the items inside, are secure. Additionally, it’s not a bad idea to load the maps for your destination on your GPS or mapping apps in advance. The more you know, the more you’ll feel confident on the road.
By taking the right steps before you go, you’ll be ready to enjoy your vacation. If you aren’t sure about your vacation and your auto insurance, connect with the Campbell & Haliburton Insurance Brokers they will get everything straightened up for you.
Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. They know insurance inside and out, so please get in touch with them for all of your insurance needs and they will be more than happy to help ensure what you value most is protected. 
**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.
Trusted Regina Insurance experts at Campbell and Haliburton Insurance Inc have been in the community for over 50 years. They know it is customer service and knowledge that counts when you are in need of an insurance company in Regina. Campbell & Haliburton Insurance, myCH.ca, dedicated insurance brokers in Regina, can assist you with finding the plan that works best for you. In their latest Campbell & Halliburton Regina Home insurance tip, they talk about going on vacation and your home insurance.
Whether it is a 3-day vacation in the middle of winter or the cruise of a lifetime, there are a few things you need to make sure you do before you leave on your vacation.
- Make sure you have a trusted friend check in on your home every 48 to 72 hours. This check-in consists of them walking into your home, and checking each room. Make sure that all windows and doors are still shut and locked, and that there are no puddles of water anywhere.
- Have them turn on a different set of lights each time they check your home, this helps make your home look occupied. Another choice is Digital Timers from Home Depot which turn your lamps on and off at programmed times.
- Make sure that your mail is brought into your home this also helps make your home look occupied.
- If it snows while you are gone, make sure that someone shovels the snow or drives up and down your driveway a few times and walks up to the front door.
- As your friends are checking your home, have them keep a log of anything that may not look normal. If you ever have to make an insurance claim, this can be helpful.
Extended Leaves
If your vacation is going to be longer than a week you may want to think about the following items:
- Have someone move into your home while you are going to be gone.
- If that is not an option, then you should turn off your water and drain all your water pipes. There is nothing worse than coming home to freezing cold and busted water pipes.
- Still have a trusted friend come and check your home every 48 hours.
- Talk to your local insurance agents at Campbell & Haliburton about you being gone for an extended time. There may be different insurance coverages available for these situations.
Our Trusted Regina Insurance Agents at Campbell & Haliburton have your best interests and safety in mind and our commitment to customer service is one of the pillars of our business. They know insurance inside and out, so please get in touch with them for all of your insurance needs and they will be more than happy to help ensure what you value most is protected. 
**This is a general overview. There are many different insurance companies, and there are always differences in insurance policies. For specific details on your policy and coverage, we recommend that you contact your agent or broker.
Chris Worby and Jeremiah Worby are Trusted Regina based financial advisors and Wealth Management services providers. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial service to individuals, families and business owners in Regina and area. Worby Wealth Management listens and provides a personalized financial plan. In their latest Worby Wealth Management Trusted Regina Financial Tip, they discuss corporate estate planning.

The Wealth Building Toolkit: Corporate Estate Planning
So you’ve used your corporation to build
wealth and to provide a nice, stable income. At the end of it all, we all go
the way we do and it’s time to consider the two inevitabilities in life: death
and taxes.
Upon the death of a shareholder, there is what
we call a ‘deemed disposition’ of shares. This means that on the date of death,
shareholders are considered to have sold their shares at whatever gain or loss
they would incur at that time. Those shares are passed down to a new
shareholder in accordance with a will or some corporate documents dictating who
becomes the new shareholder. But regardless of what happens after, that
shareholder has sold their shares on that date.
This can represent some problems. Let’s say
no planning was done and the accounting was sloppy. If the shares were worth,
say, $1,000,000 at the time of passing but had little to no cost base, that would
be a $1M capital gain adding $500,000 to the income line of a taxpayer’s final
tax return and a $208,000 best-case scenario tax bill.*
If the inheriting shareholder didn’t have
the means to pay the tax bill and there were no other estate assets, they may
have to take a dividend to pay the bill meaning they’d have to declare a
$310,000 dividend to pay the tax for the dividend as well as to pay the tax for
the estate - again, there are better ways to do this but it’s the least tax
efficient way to manage the tax bill.
One of the ways to manage the tax bill is
to own life insurance in the corporation yet again. There is a notional account
called a ‘Capital Dividend Account’ that certain corporate activities create -
one of which is a life insurance payout less the ACB of the policy. This
‘CDA’ allows for dividends to flow through to shareholders without attracting
taxation.
In our example above, if there was an
insurance policy in the corporation which is triggered on death which is also
when our deemed disposition occurs, there would be money made available to be
removed from the corporation with no taxation. This could be used to pay the tax bill and
provide tax-free money to remaining shareholders.
These past 3 blogs
have shown the corporation as a wonderful tool for both reducing taxes while
accumulating wealth, streamlining income for retirement purposes and then how
to reduce tax burdens on death. It’s good when we can have all the tools in
working condition!
*all personal tax calculations are
estimates based on taxtips.ca tax calculator.
If you have
questions about wealth building, contact Worby Wealth Management to get your
questions answered and start investing in an RRSP, TFSA or other investment
accounts today.
Some of the services that Worby Wealth Management can help you with:
TRUSTED REGINA FINANCIAL ADVISORs Chris & Jeremiah Worby from Worby Wealth Management help you live your dream!

The
comments contained herein are a general discussion of certain issues intended
as general information only and should not be relied upon as tax or legal
advice. Please obtain independent professional advice, in the context of your
particular circumstances. This Blog was
written, designed and produced by Jeremiah Worby and Chris Worby for the
benefit of Jeremiah Worby and Chris Worby who are Financial Advisors at Worby
Wealth Management, a registered trade name with Investia Financial Services
Inc., and does not necessarily reflect the opinion of Investia Financial
Services Inc. The information contained
in this article comes from sources we believe reliable, but we cannot guarantee
its accuracy or reliability. The
opinions expressed are based on an analysis and interpretation dating from the
date of publication and are subject to change without notice. Furthermore, they do not constitute an offer
or solicitation to buy or sell any securities.
Mutual Funds, approved exempt market products and/or exchange traded
funds are offered through Investia Financial Services Inc.
Chris Worby and Jeremiah Worby are Trusted Regina based financial advisors and Wealth Management services providers. With over 20 years of experience, Worby Wealth Management has been committed to providing a high standard of financial service to individuals, families and business owners in Regina and area. Worby Wealth Management listens and provides a personalized financial plan. In their latest Worby Wealth Management Trusted Regina Financial Tip, they discuss corporate income.

The Wealth Building Toolkit: Corporate Income
Here you are, ready to retire, and you’re
getting all your ducks in a row: assessing your RRSP to RRIF options, seeing
how you can maintain OAS through the household, and you have spent your career
building wealth in a corporation so that’s a major tool in your kit.
The first and most interesting thing is
that, by definition, assets built in your corporate investment account are
going to be retained earnings which means you’ll be paying yourself dividends.
The upside of dividends is that you also get a dividend tax credit.
The benefit of dividends is this: let’s say
you were targeting this $95,000/yr of net income. From my last blog, we know
you’d need to take approximately $130,000 of gross income to provide that net
of taxes. A non-eligible dividend to make the same $95,000 net income needs to
only be $120,000 - dividends allow for more tax-advantaged income for sure and
the saving of $10,000 in this case.*
Another option is to use a life insurance
policy. If a corporation were to own a policy with the shareholder as life
insured, there could be a cash value built up in the policy against which a
loan could be set up to be settled upon the passing of the shareholder. As the
insurance policy is not required to declare gains for tax purposes year over year,
this tax deferral can lead to larger amounts within the policy and more money
available for a loan.
You’ve noticed I keep referencing ‘tools’
throughout this series. That’s because you can’t screw a screw with a hammer, and
you can’t drive a nail with a saw. I mean, I suppose you could do those things
but let’s attempt a little efficiency here! I think of retirement planning as
exactly this, pulling out the right tool for the job. And in this example of
having a high level of corporate assets, insurance is a great tool to help
build that wealth to do the job of providing security of income in retirement.
In the next blog, we’re going to talk about
insurance in corporations again but from more of an estate planning perspective
- no surprise but insurance is very helpful in dealing with taxes in an
estate.
*all personal tax calculations are
estimates based on taxtips.ca tax calculator.
If you have
questions about wealth building, contact Worby Wealth Management to get your
questions answered and start investing in an RRSP, TFSA or other investment
accounts today.
Some of the services that Worby Wealth Management can help you with:
TRUSTED REGINA FINANCIAL ADVISORs Chris & Jeremiah Worby from Worby Wealth Management help you live your dream!

The
comments contained herein are a general discussion of certain issues intended
as general information only and should not be relied upon as tax or legal
advice. Please obtain independent professional advice, in the context of your
particular circumstances. This Blog was
written, designed and produced by Jeremiah Worby and Chris Worby for the
benefit of Jeremiah Worby and Chris Worby who are Financial Advisors at Worby
Wealth Management, a registered trade name with Investia Financial Services
Inc., and does not necessarily reflect the opinion of Investia Financial
Services Inc. The information contained
in this article comes from sources we believe reliable, but we cannot guarantee
its accuracy or reliability. The
opinions expressed are based on an analysis and interpretation dating from the
date of publication and are subject to change without notice. Furthermore, they do not constitute an offer
or solicitation to buy or sell any securities.
Mutual Funds, approved exempt market products and/or exchange traded
funds are offered through Investia Financial Services Inc.