Generally speaking, working in an accounting office, I prefer to see a regular wage of, perhaps $4,000 per month. Wages and source deductions have to be calculated on, at least, a monthly basis. If you try to report wages in a lump sum at year end, expect failing to file penalties and interest.
When you pay company expenses it should be entered in your accounting software as a debit to expense and a credit to your shareholder loan account. When you take out more money, personally, from the company, over and above your wages, it is a credit to bank and a debit to your shareholder loan account. At year end, if your shareholder loan account is in a debit position, meaning you owe the company money, that is the amount you record as dividends. The benefit is that by tax time, your personal income taxes are close to paid, and you are contributing to CPP. You would not contribute to EI. Any expenses that would normally be considered as employment expense would either be a contribution to shareholder loan or a reimbursement from shareholder loan.
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4044-employment-ex...https://www.canada.ca/en/revenue-agency/services/forms-publications/forms/t2200-declaration-conditio...
