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Latest News
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 »
How do the RRSP contribution carry-forward rules work? + MORE Aug 1st
Ask MoneySense
If I have $25,000 contribution room left in my RRSP, can I take that all at once plus my regular RRSP contribution of $31,560 for the tax year 2024? Effectively making a contribution of $56,560 to my RRSP?—Lorraine
The rules around RRSP contribution room
As soon as a ta.... More »
Weekly poll: will you buy an iPad Pro (2022)? How about a vanilla iPad (2022)? - GSMArena.com news - GSMArena.com Oct 23rd
Weekly poll: will you buy an iPad Pro (2022)? How about a vanilla iPad (2022)? - GSMArena.com news GSMArena.comiPad as camera isn't stupid, it's what we need TechRadarIt's never been more difficult to decide which new iPad to buy MacworldBest iPad Pro deals in Octobe.... More »
Elon Musk accused of breaking law while buying Twitter stock - CP24 Toronto's Breaking News Apr 12th
Elon Musk accused of breaking law while buying Twitter stock CP24 Toronto's Breaking NewsTwitter Shareholders Are Suing Elon Musk. Here We Go. Pajiba Entertainment NewsWhat happens now that Elon Musk is not joining Twitter's board? CTV NewsWill Elon Musk Buy More Twi.... More »
Wall Street girds for market impact of looming Trump tariffs - CP24 Feb 2nd
Wall Street girds for market impact of looming Trump tariffs CP24‘Brace for impact’: Economists and market strategists react to trade war as loonie and stock futures slide The Globe and MailTrump Trade War; How Will Futures React? Investor's Business DailyAsia-Pa.... More »
How to tell if a company is honest
– moneysense.ca
Despite what you may witness on Twitter, people generally see the good in others, whether that’s their friends, colleagues or the executives running the companies they invest in. We want to believe a business we’re buying into is on the up-and-up, that what they’re saying about their operation is truthful and that they really will help you make some money. But, as we’ve seen—Enron, Worldcom, various mortgage brokers and banks in the 2008 financial crisis, for example—there are business people who have other motivations besides honesty with investors.
More recently, it’s been reported that several Canadian cannabis companies, including Aphria and Aurora, have been sued by investors for allegedly making misleading claims, failing to disclose revenue problems, inaccurate financial statements and more. These claims have yet to be proven in court, but they’re an indication that once-rosy relationships between investors and the companies they own could sour at any moment. (You could argue that cannabis investors should have known what they were signing up for…
More recently, it’s been reported that several Canadian cannabis companies, including Aphria and Aurora, have been sued by investors for allegedly making misleading claims, failing to disclose revenue problems, inaccurate financial statements and more. These claims have yet to be proven in court, but they’re an indication that once-rosy relationships between investors and the companies they own could sour at any moment. (You could argue that cannabis investors should have known what they were signing up for…
