Selling a cottage to a family member: What that means for capital gains
If the property was bought before 1994, there may already have a $100,000 capital gains deduction.
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Tax deductible expenses when selling a cottage in Canada
Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.
When and how to transfer an RESP for grandchildren
Grandparents, relatives and even family friends can open an RESP account. What should they consider from an estate planning...
Making sense of the markets this week: July 14, 2024
U.S. inflation down, consumers are buying less Pepsi, Delta suffers from increased expenses and competition, Amazon’s 30th birthday has...
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6 things to consider before borrowing from the Bank of Mom and Dad for your first home
Borrowing from family can seem convenient, but there are things to think about first, like interest, taxes, family power...
“We’re set for life. Should we cash out an RRSP?”
The cost/benefit analysis of liquidating an RRSP can get complex fast. What matters more are your priorities.
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.
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...
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Making sense of the markets this week: July 7, 2024
So far this year, we’ve seen higher stock market valuations, skyrocketing U.S. tech stocks, cheap oil and rising bitcoin...