What is porting a mortgage in Canada—and when should you do it?
While there are many factors to consider, porting a mortgage makes the most sense when your existing mortgage rate...
Tax implications of adding a child’s name to your rental property
To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...
What is Old Age Security (OAS) in Canada?
OAS is a pension paid to eligible Canadians. Find out what affects the amount of the monthly payments you...
Markets response to U.S. Federal Reserve
Wall Street rises toward records after U.S. Fed says “time has come” for rate cuts.
Making sense of the markets this week: August 25, 2024
Canada’s railway-bound economy screeches to halt, inflation is down, Target shares rebound and TD to pay $4-billion penalty.
40 and no pension: What do you do?
You’ve reached your 40s, are mid-way in your career and realize you’ll never have a pension. Here’s how to...
Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
What is the CIPF?
If an investment dealer or a mutual fund dealer in Canada goes bankrupt, investors may qualify for compensation. Find...
What is a consumer proposal in Canada?
If you can’t pay off your debts, a consumer proposal may be a solution. Here’s how it works, who...