Can you help your kids financially without compromising your retirement?
A Certified Financial Planner explains what to think about before helping your kids with a gift or loan.
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Can you use the Home Buyers’ Plan to buy a foreign property?
Find out if you can use the RRSP home-buying program to purchase foreign property and the tax implications that...
Robo-advisor or all-in-one ETF: which is best for new investors?
Do-it-yourself investors have more choices now than ever before. That can also create complexity, or confusion, about which approach...
Goodbye, Canada: A guide to departure tax, withholding tax for non-residents
Some Canadian residents plan to retire abroad, while others are only here temporarily for work. No matter the reason,...
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Can you delay a RRIF withdrawal?
Let’s set the facts straight about RRSP/RRIF conversion, withdrawal amounts, claw backs and withholding taxes.
When are costs for a U.S. property tax-deductible in Canada?
Canadians pay tax on their worldwide income. But do the costs associated with U.S. properties get the same tax...
Can you transfer a RRIF to a TFSA—and what are the tax implications?
Canadians can transfer some registered accounts without withdrawing funds. What happens when you want to transfer a RRIF to...
You have to sell a cemetery plot—will you owe capital gains tax?
Cemetery plots in some big Canadian cities can be worth $50,000 or more. Their sale or deemed disposition may...
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How real estate is taxed during a separation or divorce
A couple owned two properties, and each person is taking one as part of their separation. What are the...