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A woman wearing a blazer reviews papework related to the expenses of her second property

Ask MoneySense

What expenses can you deduct for a second property in Canada?

Purchasing a second piece of real estate has its costs, but what expenses can be deducted and claimed for...

What expenses can you deduct for a second property in Canada?
A red Volkswagen Beetle parked on a street

Auto

Should you buy an original or aftermarket catalytic convertor? 

When a catalytic converter is stolen or worn out, here’s what to consider when buying a replacement part.

Should you buy an original or aftermarket catalytic convertor? 
A young farmer stands proudly amongst the first leaves of corn stalks, as he may be getting the farm from his father to avoid taxes.

Ask a Planner

Can you gift a farm to your kids to avoid taxes?

The idea to gift property to a family member for a dollar to avoid tax is a common one....

Can you gift a farm to your kids to avoid taxes?
A modern condo building against the backdrop of a clear blue sky

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Will you make money on your rental property?

Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is...

Will you make money on your rental property?

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Exterior view of the upper floor of a home on a cloudy fall day

Columns

Housing affordability: What happens when lower home prices take on higher borrowing costs?

Borrowing costs are increasing as Canada experiences the fastest drop in home prices since the 1980s. Have we reached...

Housing affordability: What happens when lower home prices take on higher borrowing costs?
A man, sitting at home on his couch, is scrolling through his iPad calendar, to choose a date to retire.

Ask a Planner

What time of year should you retire?

When’s the best time to retire? The timing is not always up to you, but if you can choose,...

What time of year should you retire?
Renée Sylvestre-Williams smiles in a headshot of her taken on a beautiful fall day near some trees.

My MoneySense

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more

The personal finance writer is an open book on her money values, as she launches her own book, Money...

The piece of advice journalist Renée Sylvestre-Williams wished she had in her 20s and more
A pipe drips slowly, illustrating the need for home insurance that covers water damage

Insurance

“I discovered water damage in my home. Will insurance cover me?”

Not all water-related claims are handled the same way. These are the variables that come into play when home...

“I discovered water damage in my home. Will insurance cover me?”

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A monopoly game is in session, symbolising how a couple could owe each other money with spousal loan strategy.

Ask a Planner

How to invest with spousal loans for Canadians—and how to pay it back

There is plenty of advice on setting up a spousal loan for income splitting, but it’s important to know...

How to invest with spousal loans for Canadians—and how to pay it back

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