Ask a Planner

Should you hold on to unused RRSP contributions?

It may not be a good idea to save up unused RRSP contributions in order to save on future...

FHSA

Is the FHSA tax-deductible?

Sponsored By

Fidelity Investments Canada ULC

Ask a Planner

What to expect for GICs in 2024

The rates offered on guaranteed investment certificates have skyrocketed over the past two years. Here are considerations for investors...

Taxes

How to file your taxes online in Canada

Filing your return online this year? From no-frills tax prep software to full-featured packages, there’s an online tax service...

Ask a Planner

How is passive income taxed in Canada?

Investment income is subject to tax in Canada, including in some tax-sheltered accounts. Find out more about how passive...

Shopping

From groceries to flights to data plans: Why is Canada so expensive?

Things like competition, regulation and taxes all influence how much Canadians pay for common goods and services. Here’s why...

Ask a Planner

How to avoid tax on severance pay in Canada

Find out how you can reduce the tax payable on a severance payment, and what happens when receiving a...

Ask a Planner

FHSA withdrawal rules and rental property advice for a first-time home buyer

Renting out part of your new home may help cover some costs. But would it still be considered a...

RRSPs

What’s the RRSP deadline for 2023?

You still have time to add to your retirement savings and lower your taxable income before the RRSP deadline....