Is your mortgage tax deductible?
Fraser Smith, Biography
Fraser Smith is a financial strategist residing in Sidney, B.C. on Vancouver
Island. After more than 20 years as a financial planner, he retired to write
his book, The Smith Manoeuvre, which describes a ground-breaking
financial strategy that legally allows Canadians to make the interest expense
of their house mortgage tax deductible. The book has become a national
best seller having exceeded 53,000 copies by the end of 2010. The author
continues to keep busy writing, speaking and conducting public seminars
across Canada.
The Smith Manoeuvre is a debt conversion strategy, not a leveraging
strategy. It is not necessary to increase debt to enjoy the benefits of The
Smith Manoeuvre.
Users will simultaneously accrue several benefits at no material cost, without increasing their debt. These
benefits include tax refund cheques, reduced amortization and a burgeoning, free-and-clear pension
portfolio.
The technique is egalitarian as well as devoid of costs – ordinary Canadians may participate. The author
stresses the importance of retaining a financial planner to ensure maximization of the opportunities to
improve the family net worth.
Fraser Smith has a B.Sc. from the University of Alberta. He is an Honorary Paul Harris Fellow of the
Sidney by the Sea Rotary Club and is an executive member of the Saanich Peninsula Chamber of
Commerce.
He is married with two children and 4 grand children, and is a very happy man. His website is
www.smithman.net .
The Smith Manoeuvre
201-9800 McDonald Park Road
Sidney, BC V8L 5W5
www.smithman.net
Tel: 250-656-7077
Fax: 250-656-7091
e-mail: info@smithman.net