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Taxes

Canada’s income tax brackets for 2023, plus the maximum tax you’ll pay based on income

Quickly find your federal and provincial tax brackets to help you prep for your 2023 income tax return.

Canada’s income tax brackets for 2023, plus the maximum tax you’ll pay based on income
A couple reviews their mortgage options over a cup of coffee

Mortgages

Fixed or variable mortgage rate: Which should you choose?

After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current...

Fixed or variable mortgage rate: Which should you choose?
Jordan Heath-Rawlings in his recording studio

My MoneySense

Money tips from Jordan Heath-Rawlings: “Make sure you can afford a sudden expense”

We talk to the host of In This Economy?!, a new podcast that helps Canadians understand and tackle the...

Money tips from Jordan Heath-Rawlings: “Make sure you can afford a sudden expense”
A man reviews his capital losses on his cellphone at the office

Ask a Planner

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...

How to carry back a capital loss for a tax refund

My MoneySense

Why actor Isabel Kanaan says overnight success and wealth are similar

Finances can be serious stuff, but this comedic actor shares about her first job, buying her home with her...

Why actor Isabel Kanaan says overnight success and wealth are similar
A man holding a pie chart: showing how assets are allocated in a portfolio as we cover the asset winners of 2023.

Investing

Making sense of the markets this week: January 14, 2024

What asset classes did best last year? Short sellers lose their shirts, Canadian housing market refuses to go down,...

Making sense of the markets this week: January 14, 2024
A retired couple review the taxes on their recent real estate sale

Ask a Planner

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...

The tax implications for Canadians selling foreign real estate
A young women is a bit anxious about her finances in 2024

MoneyFlex

5 ways young Canadians can prepare financially for what awaits in 2024

2023 was a challenging year with high interest rates, inflation and housing costs. Here’s what’s in store for Gen...

5 ways young Canadians can prepare financially for what awaits in 2024
A man wondering if he should sell his preferred shares at a loss

Ask a Planner

What should Canadian investors do: Sell or hold with preferred share losses?

When taking a big loss on preferred shares, a MoneySense reader asks if he should hold or sell now.

What should Canadian investors do: Sell or hold with preferred share losses?