Many Canadians believe their financial situation will worsen this year, according to an MNP report on consumer debt.  Half of ...
Canada just dropped the criminal interest rate to 35% APR and caps payday loan fees at $14 per $100. Here’s how to secure ...
Is it better to invest your money or use it to pay down your mortgage or other debt? It depends. Let’s look at different situations. Your net worth is calculated by taking your assets and ...
Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains and probate tax. With so much information out there about estate planning ...
Bitcoin is alive and well, three ways to buy crypto in Canada, and what to know about crypto capital gains at tax time. This quirky data point, coupled with increased institutional crypto adoption ...
The U.S. Securities and Exchange Commission says the billionaire didn’t disclose Twitter ownership on time before buying it. The U.S. Securities and Exchange Commission has sued billionaire Elon ...
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution room and other implications? My husband and I are retired with $200,000 ...
For 2025, experts predict economic growth, but slower gains and more volatility. The Canadian equity market will continue building on its strength from 2024 despite lingering political ...
The increase to the capital gains inclusion rate is going ahead—at least for now, says Canada’s Finance Department. The Finance Department says parliamentary convention dictates that taxation ...
The Canada Revenue Agency has yet to offer guidance on how the Liberals’ capital gains tax proposal will be handled. Justin Trudeau’s decision to step down and prorogue parliament will keep ...
In addition to year of birth, TFSA room is impacted by a couple of factors. Non-residents of Canada do not accumulate new TFSA room. And TFSA room adjustments are made based on prior contributions ...