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Capital gains tax when renting out your former principal residence

There may be tax implications to renting out your home after moving out of it. There are also some...

My MoneySense

Hina Khan on how to escape habits that get in the way of success

The Toronto executive coach used to think that money was a source of conflict, but she transformed her thinking...

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

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Columns

Using a HELOC as an investment strategy: not as taboo as you might think

Would leveraging the equity in a home to invest in dividend-paying investments lead to tax repercussions?

Retired Money

Why these authors want you to spend your money and die with $0 saved

According to the book Die with Zero, we should all run out of money just as we run out...

Investing

Making sense of the markets this week: July 21, 2024

Inflation in Canada cools, Netflix killed commercials only to bring them back, U.S. banks are cautiously profitable, and American...

Jacks on Tax

How the $10-a-day child care program can affect your taxes

The new subsidized child-care spaces are indeed a bargain, but they come with reduced tax benefits. Here’s how to...

Selling

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.

Taxes

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.