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...
Capital Gains
What to know as Canada’s capital gains tax changes remain in legal limbo
The federal government’s capital gains inclusion rate increase has yet to become law. There’s a slight chance it may...
Year-end tax and financial planning considerations
Some strategies are time-sensitive, while others can help you start the new year on the right foot.
Do you have to make quarterly tax remittances in Canada?
Here’s a guide to making the right tax installment payments, including answers to common questions about the process.
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How high tax rates hurt the economy
What is tax fairness? How can high tax rates hurt the economy? Let’s explore what a flat tax could...
The tax implications of buying a second home in Canada
Vacation or rental property, or both? Here are the taxes you can expect on a secondary property in Canada,...
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...
Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...
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Can I sell my cottage tax-free?
Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...