Payroll & Owner Compensation | NorthBooks Blog

Business owner reviewing financial statements at a desk

Tax Planning Payroll & Owner Compensation

5 min

Salary vs. Dividends: Which Is Better for Canadian Business Owners?

One of the most common questions incorporated business owners face is whether to pay themselves a salary, dividends, or a combination of both. The answer depends on several factors specific to your situation.

Published byScott Sutherland

Jun 20, 2026

NorthBooks Help & Guides Payroll & Owner Compensation

5 min

Automate Your Payroll and Generate T4s in Minutes, Not Hours

Manual payroll calculations are error-prone and time-consuming. Learn how to automate your entire payroll process and generate compliant T4 slips for your employees.

Published byScott Sutherland

Oct 16, 2026