Here’s a round-up of news for Canadian investors this week. Goeasy Algoma Steel Transat RBC MDA Space Empire Featured RRSP Accounts featuredEQ BankBuild your retirement savings with competitive interest, tax-deferred contributions and no account fees.go to site featuredRegistered GIC rateConsider a 1-year registered GIC for a guaranteed return within an RRSP.go to site Best RRSP … Read more

For many families, the loss of a parent brings not only emotional grief but also an unexpected and often overwhelming financial reality. Amid mourning, survivors can face a complex combination of bills, taxes and legal responsibilities they did not anticipate. The issue of inherited debt is frequently misunderstood and can turn an already difficult time … Read more

If you aren’t careful, it’s easy to leave money on the table when filing your taxes. There are many deductions and credits available to taxpayers, so it’s worth reviewing the tax benefits that may apply to you at the federal level and in your province or territory. Paying attention to government announcements and policy changes … Read more

Airlines worldwide are raising fares and adding fuel surcharges as oil prices surge following the outbreak of war with Iran, and Canadian carriers are no exception. Several airlines said this week that passengers should expect higher ticket costs — and in some cases those increases are already in effect — as carriers respond to the … Read more

For Canadians who move to the United States, a common concern is what can be done with a locked-in RRSP—often called a Locked‑In Retirement Account (LIRA). These accounts are intended to preserve pension savings for retirement, but under certain circumstances leaving Canada can open a path to access those funds earlier than expected. The rules … Read more

With bonus and tax-refund season approaching, many people face the same question: is it worth using a lump sum to pay down your personal loan, or would that money be more effective placed elsewhere? In many cases, paying a loan off early reduces the interest you pay and removes a monthly obligation. The choice, however, … Read more

Rental property owners must report annual rental income and expenses on their tax returns, and they should also track the adjusted cost base (ACB) of the property. The ACB can rise with capital improvements and renovations and is used to calculate the capital gain when the property is eventually sold. Two related tax concepts that … Read more

Each tax year, both professional preparers and individuals filing their own returns face decisions about claiming credits for family members whose health has changed. Beyond the Spousal Amount, the Canada Caregiver Amount is an important but often complex credit that is reported on Schedule 5 of the T1 return. Below is a clear summary of … Read more

Here’s a round-up of news for Canadian investors this week. Canadian Natural Resources Pet Valu George Weston Canada Packers Featured RRSP Accounts featured EQ Bank Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees. go to site featured Registered GIC rate Earn a guaranteed 2.75% in your RRSP with a 1-year non-redeemable … Read more

Raising a family is expensive, but the annual tax season can provide meaningful relief for many parents. Tax credits and deductions can lower your overall tax bill and help cover childcare, education and medical costs. To access these benefits, it’s essential to file your income tax return on time—generally by the April 30 deadline—or you … Read more