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Taxes

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Life Insurance

Is life insurance taxable in Canada?

We list what to do to make sure you're not leaving your loved ones in a tax bind. Find...

Is life insurance taxable in Canada?
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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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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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Changing attitudes towards RRSP contributions in Canada: It’s complicated

Financial instability created by the pandemic is shifting why and where people choose to save or invest.

Changing attitudes towards RRSP contributions in Canada: It’s complicated

Retirement

The great escape

You've poured lots of money into your RRSP. How do you get it out without paying a fortune in...

The great escape

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What to consider if you still have RRSP contribution room

With just weeks left before the contribution deadline, a Certified Financial Planner rounds up key facts and common RRSP...

What to consider if you still have RRSP contribution room

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Financial priorities for the new year

January is a good time to review your investments, tax and debt management planning. Here’s how to get started.

Financial priorities for the new year

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Retirement

How to make the most of your TFSAs in retirement

It’s generally better to contribute to a tax-free savings account than an RRSP as you approach your post-employment years....

How to make the most of your TFSAs in retirement

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