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Ask MoneySense

How is a RRIF taxed in the hands of a beneficiary?

The consequences of taxes and beneficiary designations on registered accounts like RRIFs can be confusing—and sometimes this confusion results...

How is a RRIF taxed in the hands of a beneficiary?
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Ask a Planner

Should you always split your pension income?

Narayan wants to know the best ways to save income tax, given the disparity between his income and his...

Should you always split your pension income?
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Investing

Making sense of the markets this week: March 15, 2021

How the markets crashed—and then recovered—in the year since COVID-19 hit; what's behind the tech selloff; Canadian stocks are...

Making sense of the markets this week: March 15, 2021
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Reality-testing your financial plan

John's advisor seems impressive, but he's left out an important consideration: What kind of lifestyle does his client want...

Reality-testing your financial plan

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Investing

Making sense of the markets this week: March 8, 2021

Stocks bounced back from last week's bond scare; inside Warren Buffett's annual investor letter; why a quick U.S. vaccine...

Making sense of the markets this week: March 8, 2021
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Ask a Planner

Tax implications of building a laneway suite

Any time a homeowner becomes a landlord, there may be GST/HST and income tax owing—and the amounts can be...

Tax implications of building a laneway suite
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Taxes

You may be able to claim these commonly overlooked medical expenses on your tax return

Several medical expenses are eligible for a tax credit. Here are a few Canadians should consider at tax time. 

You may be able to claim these commonly overlooked medical expenses on your tax return
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Ask MoneySense

What to do with an extra $70,000 to fund retirement

My 79-year-old mother has received a monetary gift. What’s the best way for her to use it to supplement...

What to do with an extra $70,000 to fund retirement

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Investing

Making sense of the markets this week: February 22, 2021

Ways to take advantage of the commodities supercycle; bonds are having a rough year while global markets play catch-up;...

Making sense of the markets this week: February 22, 2021

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