Moving excess cash out of an operating business using capital gains rates as opposed to dividend rates. This is a strategy best suited for the professional realm of accounting, but the term is an important one to focus on. Especially since July 19, and apparently until November 1 2021.
In this post, I will simply turn your attention to the following post, and ask that you refer to your accountant for further guidance. Apparently, (in the short term) with the recent enactment of Bill C-208 there exists a short window of opportunity for business owners to access capital gains rates when extracting capital from a privately owned business.
Let us know if you have questions, and contact your accountant for professional guidance.