Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

I'm currently unemployed and have been offered a contract position. Do I need to incorporate myself? How do I do it?
My late answer is: Be aware of the difference of being a contractor and being an employee.  I am not sure of the laws in Canada, but in the United States lots of small companies like to hire people as "contractors" but make them work under rules that fall into employee.   The business is trying to avoid paying payroll taxes, which is fine, but make sure you know your rights and responsibilities as a contractor vs employee. You can check with your state's Bureau of Labor and Industry in the US, but I am sure wherever you are from there is a government agency to do the same thing.