All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Could bitcoin reach $200,000 by the end of 2025? + MORE Jul 30th
Welcome to the Canadian Crypto Observer. Financial journalist and author Aditya Nain offers perspective on market-moving headlines to help Canadian investors navigate the cryptocurrency market.
In case you missed it, bitcoin (BTC) is now the seventh-largest asset in the world by market capitaliza.... More »
Reasons to consider early RRSP and RRIF withdrawals Oct 19th
Workers contribute to their registered retirement savings plans (RRSPs) during their working years, with the hope of paying a lower tax rate on withdrawals than the tax rate they save when contributing. Even if the tax rates are similar, there can be a benefit to the tax deferral and compounding of .... More »
Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan - CTV News + MORE Apr 14th
Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan CTV News.... More »
Trudeau announces Canada's 1st lithium-ion battery plant to be built in Ontario | FULL - Global News May 14th
Trudeau announces Canada's 1st lithium-ion battery plant to be built in Ontario | FULL Global NewsHonda EV battery plant gets Japanese investment CTV News TorontoJapan's Asahi Kasei to invest $1.6-billion in Ontario electric-vehicle facility, sources say The Globe an.... More »
MoneySense Toolkit: The mortgage refinance calculator Mar 31st
Depending on your circumstances, refinancing your mortgage can be a smart financial choice. However, while refinancing can lead to substantial savings, it can also come with steep costs. That’s when a mortgage refinance calculator can come in. It gives you a quick breakdown of the financial pr.... More »
Should you buy real estate through a corporation?
– moneysense.ca
One of the main tax benefits of Canadian real estate is the ability to claim an unlimited principal residence exemption on the property value appreciation. One exception may be if the land is more than half a hectare (1.24 acres), unless the minimum municipal lot size at the time you purchased the property was more than that or you can demonstrate the need for the larger lot size to use and enjoy your home.
Another exception is if a property is owned by a corporation. A corporation is a company that is incorporated and owned by the shareholders. It is a common framework in which to do business in Canada, and is a separate legal entity from the shareholders that files its own tax returns. Corporations can own real estate; however, unlike an individual, a corporation cannot claim a principal residence exemption. This can make it inefficient to use a corporation to own a home you could otherwise sell in the future tax-free
Using a corporation to buy an income property
Some people consider using a corporation to buy a rental property…
Another exception is if a property is owned by a corporation. A corporation is a company that is incorporated and owned by the shareholders. It is a common framework in which to do business in Canada, and is a separate legal entity from the shareholders that files its own tax returns. Corporations can own real estate; however, unlike an individual, a corporation cannot claim a principal residence exemption. This can make it inefficient to use a corporation to own a home you could otherwise sell in the future tax-free
Using a corporation to buy an income property
Some people consider using a corporation to buy a rental property…
