Making sense of the Bank of Canada interest rate cut on June 5, 2024
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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...
Making sense of the markets this week: June 2, 2024
Canadian banks prep for the worst, HP and Best Buy up big, more profits means higher-priced shares, and whatever...
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RRSP to RRIF, and LIRA to LIF: How it all gets done
What’s it like to convert a LIRA to an annuity? Follow along as this financial journalist does it for...
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...
Making sense of the markets this week: May 26, 2024
Canadian inflation cools, Nvidia continues to dominate, and U.S. retailers say that consumers are tapped out.
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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Making sense of the markets this week: May 19, 2024
U.S. inflation is down, Walmart hits all-time highs, Canadian utilities plod along, and did you think it was “game...