A client of mine told me (Ontario) that his girlfriend moved in and is paying $1,000 per month towards household costs. They won’t be common-law for 3 years in Ontario. Would this count as tax free?—Hans There are several tax and family-law considerations for your client, Hans. Below I explain how the Canada Revenue Agency … Read more

Tax season is approaching. The Canada Revenue Agency (CRA) deadline for most Canadians is April 30, 2026. Save this page for a concise overview of important dates, tax rates, filing tips and resources to help you prepare your 2025 personal income tax return. We’ll update it as new information and deadlines are confirmed. We also … Read more

For many young Canadians, starting to invest can feel out of reach. With student loans, rising rents, and higher everyday expenses, saving an initial amount can seem daunting. Yet you don’t need a large sum to begin: even $500 to $1,000 is enough to establish disciplined saving and investing habits that compound over time. When … Read more

Air Transat has announced plans to launch a new loyalty program in partnership with Desjardins Group and Visa. The airline says the program, expected to roll out in the second half of this year, will deliver exclusive benefits and an improved travel experience for customers. The announcement follows the suspension of Transat’s BonBon rewards program … Read more

If you’ve taken a close look at your grocery receipt, glanced at your credit‑card statement or filled up the tank lately, you’ve probably noticed the same thing many Canadians are feeling: daily life is getting more expensive. Even though headline inflation has moderated in recent months, prices for everyday essentials continue to climb faster than … Read more

Starting a business in Canada can be a powerful way for newcomers to create income, independence and purpose. But before taking that step, ask a crucial question: do you have a secure personal financial foundation to support the risk and uncertainty that come with entrepreneurship? Many immigrants bring strong entrepreneurial drive and the ambition to … Read more

I was packaged out 6 months ago or so, got a big severance and continue to get a salary continuance for a while. My buddy said, “you should put that money in a corporation.” If I’m in the top marginal tax bracket personally, I could probably save money on investing in the corporation, couldn’t I? … Read more

Insolvency firm MNP’s latest Consumer Debt Index indicates many Canadians are bracing for a difficult 2026, with 71% expecting the cost of living to worsen. While some people are taking concrete steps to shore up their finances, a concerning number are turning more often to credit to make ends meet or avoiding the topic entirely. … Read more

Many Canadian investors still screen potential investments by dividend yield. When they look beyond Canadian stocks, they can be drawn to parts of the U.S. market that appear attractive on the surface but are often misunderstood. Examples include U.S. mortgage real estate investment trusts (mREITs), business development companies (BDCs), and Master Limited Partnerships (MLPs). These … Read more

Weekly roundup for Canadian investors Groupe Dynamite Lululemon Kinross Gold Featured RRSP Accounts featuredEQ BankA simple RRSP option offering competitive interest, tax-deferred growth and no monthly fees.go to site featuredRegistered GIC rateLock in a guaranteed rate for a set term in your RRSP with stability and certainty.go to site Best RRSP ratesCompare current RRSP account … Read more