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Tax Implications of Receiving a Cash Gift in Canada Jan 9th
When it comes to financial transactions with loved ones, many people consider giving or receiving cash gifts. This can be especially common when the gift-giver and recipient are located in different countries. In this article, we will focus on the specific topic of cash gifts from overseas to Canada.... More »
Canadian Partnership Against Cancer: Working together to reduce the heavy burden of cancer - The Hill Times + MORE Feb 10th
Canadian Partnership Against Cancer: Working together to reduce the heavy burden of cancer The Hill TimesCanadian Cancer Society fights financial burden of disease on World Cancer Day CTV NewsEven with health care, cancer inflicts ‘enormous financial strain’ on patients&nbs.... More »
Why are we so afraid of financial mistakes? + MORE Jul 17th
Growing up, I heard one saying repeatedly: the early bird gets the worm. Like so many childhood proverbs, I accepted it without much thought—one of those quiet truths adults repeat often enough that children stop questioning them.
For most of my life I assumed it was a lesson about hard w.... More »
CRA demands payment on scammed federal benefits — from the victim whose account was hacked - CBC.ca May 22nd
CRA demands payment on scammed federal benefits — from the victim whose account was hacked CBC.caToronto hacking victim 'living a financial nightmare' CBC.caView Full Coverage on Google News.... More »
How much is capital gains tax in Canada?—and other questions answered May 6th
The 2024 federal budget proposed changes to how capital gains are taxed for Canadians. Certain taxpayers will now be subject to a two-thirds inclusion rate instead of one-half on part or all of their capital gains.
The capital gains inclusion rate refers to how much of a capital gain is inc.... More »
With the wrong rubber on cold, wet, snowy or icy roads, you’re not only risking life and limb, you’re playing with financial fire, say experts.
