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self-employment

My MoneySense

Don’t be afraid to ask for an advance: Suzanne Bowness on budgeting for freelancers

Sue's tips for freelancers include paying off credit cards, saving for taxes in a separate account, and scrutinizing every...

Don’t be afraid to ask for an advance: Suzanne Bowness on budgeting for freelancers
A woman takes inventory in her ceramics shop

Ask a Planner

Insurance for self-employed Canadians: What coverage do you need?

Employees often have group insurance coverage at work, but people who work for themselves need to make sure they...

Insurance for self-employed Canadians: What coverage do you need?
Photo of different amounts of money to symbolize tax brackets in Canada, both federally and in the provinces and territories.

Taxes

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...

Canada’s income tax brackets for 2025, plus the maximum tax you’ll pay based on income

Jacks on Tax

How to save on your taxes with automobile logs

You can deduct a lot for valid automobile expenses, but you’ll need to keep a detailed record of your...

How to save on your taxes with automobile logs

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A Canadian woman with friends, whom she is considering creating a corporation to invest.

Ask a Planner

Should you set up a corporation with friends to invest?

What to consider when deciding to incorporate a company with friends to buy real estate and more.

Should you set up a corporation with friends to invest?

News

Canada’s unemployment rate—plus, the rate by province and city

Canada’s employers put hiring on ice in February ahead of tariff impacts.

Canada’s unemployment rate—plus, the rate by province and city
A woman working a side hustle in food delivery holds her phone and smiles.

MoneyFlex

How to make more money in Canada: 6 side hustle ideas

If you’re looking for extra income to keep up with the rising cost of living, look no further than...

How to make more money in Canada: 6 side hustle ideas
Young woman working on her computer

Newcomers to Canada

How to create a CRA account

Having an online CRA account makes it easier to manage your income taxes and government benefits at tax time...

How to create a CRA account

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Canadian couple outside of home, wondering if they should transfer it to their corporation.

Ask MoneySense

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...

Is transferring your principal residence to your corporation a good idea?

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