When your child moves into your rental property: Capital gains and how to claim principal residence exemption
When an adult child moves into their parents’ rental property, the family should be clear on a few things,...
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How annuities work in Canada
Annuities have faced headwinds over the past 40 years. But as interest rates climb and baby boomers retire, they’re...
Should you use the RRSP Home Buyers’ Plan on a mixed-use property?
You can withdraw from your RRSP to purchase a mixed-use property through the HBP. However, transferring funds to a...
How to claim a child’s income below the basic personal amount
Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions....
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Should you include your pension in your net worth?
Whether to include a pension in your net worth statement is up for debate. If you choose to do...
4 strategies for income splitting with a lower-income spouse
If one spouse does not work, is it beneficial for the other to invest and buy stocks in their...
DC plans once you retire: What do you do with them?
When coming up to retirement, should your investments move with you. Find out the options for soon-to-be retirees. ...
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How important are wills and estate planning for Canadians?
Learn from an estate administrator exactly what Canadian families should do right now to avoid headaches later.
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