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Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Columns

Using a HELOC as an investment strategy: not as taboo as you might think

Would leveraging the equity in a home to invest in dividend-paying investments lead to tax repercussions?

Using a HELOC as an investment strategy: not as taboo as you might think

Line of Credit

What is a line of credit?

When you need to borrow money, a line of credit can be an option. Learn about the different types...

What is a line of credit?

Mortgages

Mortgage payment calculator

Use a mortgage payment calculator to understand what a mortgage will cost you in real terms.

Mortgage payment calculator

News

Markets bet on second Bank of Canada interest rate cut

Economists and market analysts expect the central bank to cut its benchmark rate this week following a drop in...

Markets bet on second Bank of Canada interest rate cut
children and caregiver at daycare centre

Jacks on Tax

How the $10-a-day child care program can affect your taxes

The new subsidized child-care spaces are indeed a bargain, but they come with reduced tax benefits. Here’s how to...

How the $10-a-day child care program can affect your taxes

Budgeting

What is the Canada Child Benefit (CCB)?

Does your family qualify for the Canada Child Benefit? Which parent should apply? Find out how the CCB works.

What is the Canada Child Benefit (CCB)?
Two brothers fishing at their Canadian cottage.

Selling

Selling a cottage to a family member: What that means for capital gains

If the property was bought before 1994, there may already have a $100,000 capital gains deduction.

Selling a cottage to a family member: What that means for capital gains
Canadian family saying goodbye to the cottage they're selling.

Taxes

Tax deductible expenses when selling a cottage in Canada

Minimize capital gains taxes on the sale of a cottage in Canada by making smart reno choices.

Tax deductible expenses when selling a cottage in Canada