How to manage your tax withholding in retirement
Canadians accustomed to annual tax refunds may be surprised to owe tax in retirement and have government benefits clawed...
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When do CPP and OAS pension payment increases happen around your birthday?
Luis asks when his Old Age Security payments will increase now that he is 75. We look at adjustment...
Planning to use your home equity in retirement
Real estate equity is a big part of seniors’ net worth. Some Canadian retirees may want or need to...
What to do if your pre-construction condo has dropped in value
Many pre-construction condos bought in recent years, especially in Toronto, are now worth much less. If you can’t close...
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Revising the fair market value of a property for tax purposes
Can you retroactively change the valuation of a rental property before selling it to reduce capital gains tax in...
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.
Is transferring your principal residence to your corporation a good idea?
Would swapping a house for cash from a corporation save on taxes? And is this tactic worth it in...
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Year-end tax-saving tips for Canadians for 2024
Tax planning in Canada isn’t just for March and April. These smart tax moves need to be made before...