Canada’s income tax brackets for 2025, plus the maximum tax you’ll pay based on income
Want an idea of how much tax you paid—or will be paying—for 2025? Here are the federal and provincial...
Income Tax
How can couples avoid capital gains tax on property in Canada?
A MoneySense reader asks what tax and probate implications she might face if she inherits a rental property held...
Tax implications of giving your spouse money to invest
A MoneySense reader wants to give money to his spouse to invest. Can he avoid Canada’s income attribution rules?
How is investment income taxed in Canada?
A MoneySense reader wants input on the tax implications of her investment withdrawals, but she can’t get a straight...
Advertisement
How much of a pension does a survivor receive?
A MoneySense reader asks about survivor benefits for spouses. Here’s how defined benefit and CPP survivor payments work in...
TFSA confusion: The myths that just won’t die
The tax-free savings account is a great wealth-building tool, but it’s sadly misunderstood. Here are seven TFSA features Canadians...
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...
How the Liberals’ re-election impacts RRIFs, taxes and more
The party’s platform proposals may impact RRIF minimum withdrawals, income tax and more. Here’s how Canadians can plan for...
Advertisement
Did the CRA flag your tax return for review? Here’s what to do
If you get a letter from the Canada Revenue Agency about your income tax return, here’s what it could...