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...
What drove U.S. inflation in January 2025
Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.
“I have receipts”: Why you need to keep Canada income tax documents
You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts...
If you want to buy Canadian, you’ll need to do your research
The wide range of labels makes identifying Canadian products “extremely tricky” for consumers, say experts. Here’s how to make...
How your net income gets calculated for tax and OAS
To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by...
What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes...
How much will Trump’s tariffs cost Canada and Canadians?
Business groups, economists sound the alarm over Trump's incoming tariffs, and which are predicted to cost Canadian households $1,900.
When does the capital gains tax inclusion rate increase take effect?
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.