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A woman leans on a balcony railing at a condo

What’s better for buying a second home: HELOC or personal loan?

A MoneySense reader wants to buy a second property, perhaps using the equity in her primary residence. What should...

What’s better for buying a second home: HELOC or personal loan?

“I inherited my husband’s TFSA. Does that affect my contribution room?”

It matters how you designate a spouse on your TFSA should you die before they do. Successor holders get...

“I inherited my husband’s TFSA. Does that affect my contribution room?”

Tax and estate planning for joint accounts

Many Canadians have questions about how accounts are transferred upon death. Here’s how it works when assets are held...

Tax and estate planning for joint accounts

Two shiny red apples and a green apple are shown to symbolize the comparison of GICs and annuities for retirement

Annuity vs. GIC: What makes sense for retiring?

Can you compare apples to apples with annuities and guaranteed investment certificates for retiring? Let’s find out.

Annuity vs. GIC: What makes sense for retiring?

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Two electricians are looking at wiring inside an exposed wall, discussing if the renovation and upgrades are tax deductible

Are home renovations tax deductible in Canada?

Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim.

Are home renovations tax deductible in Canada?

Woman researching her withdrawal exceptions for financial hardship

Financial hardship withdrawal exceptions and increasing income in retirement

Money in a LIRA or LIF is intended to last a lifetime, making it difficult to access more than...

Financial hardship withdrawal exceptions and increasing income in retirement

A man named Jing on his tablet at home

Can you save on taxes by owning an investment account with your child?

Jointly owning an asset with a child comes with tax and estate implications. Here’s why it may not be...

Can you save on taxes by owning an investment account with your child?

Finances Saving Economy concept. Female accountant or banker use

Tax implications of making transfers between registered accounts

When transferring money from LIRA to a LIF and RRSP, would that result in being taxed twice?

Tax implications of making transfers between registered accounts

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Should retirees pay off their mortgages with investments?

A bank advisor tells a just-retired Canadian that using investments to pay off a mortgage is not a good...

Should retirees pay off their mortgages with investments?

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