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A Rich Life

What is the PERMA model? Can it help Canadians to spend better?

Frustrated with saving and the idea that you’re not able to treat yourself? It might be time to look...

What is the PERMA model? Can it help Canadians to spend better?
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Investing

Making sense of the markets this week: June 18, 2023

This week, U.S. inflation cools, cruise lines and big tech stocks shine, and oil investors may be in trouble.

Making sense of the markets this week: June 18, 2023
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Ask MoneySense

What do to with a spousal RRSP at age 71

Converting the account to a spousal RRIF is a common option, but be aware of the income attribution rules.

What do to with a spousal RRSP at age 71

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What expenses can you deduct when renovating a rental property?

The purpose of the renovations, as well as the occupancy of the building, can influence whether the expenses are...

What expenses can you deduct when renovating a rental property?

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Mortgages

Should you accelerate your mortgage payments—or invest?

Chantal wants to pay down debt, invest and buy a property down south but isn't sure which to prioritize....

Should you accelerate your mortgage payments—or invest?

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Are your deposits at Canadian financial institutions safe?

The failure of Silicon Valley Bank has highlighted risks in the U.S. banking system. Should Canadians with large deposits...

Are your deposits at Canadian financial institutions safe?
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Tax planning for Canadians who invest in the U.S.

Tax planning for Canadians who invest in the U.S.
How much to take out of your RRSP in your 60s

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How much to take out of your RRSP in your 60s

How much to take out of your RRSP in your 60s

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How spouses with joint accounts should claim capital losses

How spouses with joint accounts should claim capital losses

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