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....
What happened to my job bonus this year?
Can a company simply stop giving employees a customary year-end bonus—and is there any recourse for the employees?
How should a 24-year-old invest now to minimize taxes in the future?
Abe contributes the maximum to his TFSA and is ready to take the next step—but he wonders if an...
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How much should you give to charity?
You’ll want to consider how much you want to give, as well as how much you can afford, and...
Is it better to pay down our mortgage or ramp up contributions to our teen’s RESP?
Making accelerated mortgage payments can pay down a mortgage faster. But what about other financial goals, like RESPs? How...
Is Dane, 50, on the right track with his early retirement strategy?
To bridge the gap between his last day of work, and the start of his defined-benefit pension payments at...
Who pays the tax on dividends earned in a joint account?
Though tax reporting can be complicated, on this point the answer is simple—at least, from the Canada Revenue Agency’s...
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What’s the best way to pay for a master’s degree in the U.S.?
Sonia, 27, hopes a graduate degree will boost her career prospects. She has savings in a TFSA, RRSP and...