About Ernie Greenwood, President
1970 – Started a 13 year progression – which included becoming 1 of 7 shareholders in a successful private company. The challenges within the “private business arena” that he experienced, led him to explore other alternatives when he departed that company in 1983.
1983 – Present
Having incorporated the expertise of the financial - accounting and legal professions, he has worked with hundreds of successful private business owners – who were not aware of their options allowed under Canadian Law.
These alternatives included:
- Reducing and/or eliminating the effects of permanent taxation on corporate profits
- Accessing pre-tax profits corporately and personally more efficiently
- Creditor protecting corporate and personal assets
- Using internal financing structures – not external lending facilities
- Protection of corporate and personal assets
- Preservation of corporate and personal assets to future generations
Ernie has a wealth of clients who have relied on his leadership in addressing the above challenges that private business owners face every day.
Ernie, and his wife Janice, have enjoyed a rewarding family life with 5 children. Business is not their only focal point. Their diverse interests in skiing – horseback riding – music – church, and especially the exploration of water life in the Bahamas has compelled them to incorporate a new name for their company after 25 years – CoralLife.
The strength and beauty of Coral can only be discovered “beneath the surface”. This is what Ernie and his associates provide their clients – an experience of exploring alternative structures that normally most business owners don’t see.