What’s the best way to pay down debt?
After buying her parents’ fixer-upper, Paula racked up $85,000 in debt. She’s looking for strategies to help reach her...
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Are Howie and Pamela on track to retire at 55?
The numbers look good, but to be sure they should "test drive" living on the income they plan to...
When should you stop contributing to an RRSP?
Denis is in his early 50s, with a modest income. Would contributing to a TFSA instead help him to...
Tough lesson: vehicle safety is the owner’s responsibility, too
Mark didn’t receive communication about a recall or repair offer affecting his Toyota truck, and now the frame is...
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Is Carol better off withdrawing all the money from her RRIF now?
At age 73, she believes this strategy will allow her to claim additional Guaranteed Income Supplement and and rent...
What’s the best way to help a relative, financially?
At 30, David’s nephew is living on close to minimum wage, with no retirement savings. An RRSP isn’t the...
What hosts need to know about serving alcohol at a house party
Pete wants to know whether he is legally responsible if a guest gets drunk at his house party and...
Can you use a line of credit as a “forced” savings plan?
Chris finds there isn’t a reliable amount of cash available for saving at the end of every pay cycle,...
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Claiming income on a co-owned rental property
Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....