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Could Covid-19 Cause Cashless Payments to Be the New Normal? Jun 23rd
The GTA’s top neighbourhoods
– moneysense.ca
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A seller’s market
While governments, banks and even some realtors openly express concern about Toronto’s housing market, home prices continue to set new records.
In 2015, roughly one in four homes in the GTA was priced under $500,000. A year later, less than 10% of neighbourhoods are below the half million mark…
Behind In Your Taxes? What You Need to Know
– ratesupermarket.ca

If filing your taxes over the next few weeks isn’t on your calendar, it certainly should be. Tempting as it may be, this is one area where procrastinating can only make things worse.
Unlike sales tax, which is a pay-at-the-pump proposition, Canada’s income tax system is based on self-assessment. Make your money, plan your affairs as best you can and then, pay up.
Not everybody does though. So before the April 30 deadline sneaks up and passes you, here are a few things to keep in mind.
Better to file late than never
Simply forgot to file last year?
Some people may neglect to file one year and then freeze when it comes to the next year’s tax return because of the old unfiled return.
This type of procrastination hurts since the Canada Revenue Agency will monitor your financial behaviour over time, using identifiers like your SIN and your date of birth to access data from your bank accounts or credit card transactions.
At this point, it’s best to contact the CRA to find out any penalties you may have incurred, as well as the best way to file and pay off your outstanding balance immediately…


