I was responding to this comment
Do people here even know how dividends are taxed??

It isn't all that easy for non-accountants to sort through this.  I get from my accountant that in a corporation or out of a corporation it's pretty much a wash how much tax we pay, but having the corporation may make a difference for succession purposes. We never did pay our kids dividends or try any of the shenanigans you hear about. (It's all fun and games until the CRA auditors arrive.)  There is a lot of misinformation out there, and you're doing a good job of explaining.