How are bonuses taxed in Canada?
If you’re getting a year-end work bonus or a raise, congrats! Before you spend it, know what deductions to...
How to carry back a capital loss for a tax refund
Let’s look at the rules and restrictions around carrying back a capital loss, as well as three things to...
Should you sell investments at a loss to pay off debt?
When paying a high interest rate on debt, does it make sense to sell investments that have fallen before...
The tax implications for Canadians selling foreign real estate
How are Canadians taxed on foreign property? Find out if you should report the sale on your tax return...
How to file your taxes when you own ETFs
Let’s look at the tax implications of holding ETFs in a tax-free savings account, and the tax differences between...
How to divide the assets of an estate between beneficiaries
Three siblings are beneficiaries of their parents’ estate, which includes several properties and investment accounts. How should they divide...
RRIF withdrawals: What should seniors with million-dollar portfolios do?
Seniors with large retirement accounts face a big tax-deferred liability. Which tax and estate planning strategies might help?
The worst money advice in Canada
According to Canadians, getting bad financial advice is pretty easy, yet we can’t stop listening to it. For Financial...