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How to calculate the adjusted cost base of inherited property Feb 6th
Ask MoneySense
I sold a building that I inherited over 20 years ago. I don’t know the adjusted cost base (ACB) or fair market value of the building in 2003. How do I determine the value?—Bill
Reporting the sale of a property in Canada
When you sell real estate, you need to report that sal.... More »
Donald Trump’s economic delusions are already hurting America - The Economist Mar 6th
Donald Trump’s economic delusions are already hurting America The EconomistFIRST READING: How Trump's trade war is blowing up in American's faces National PostTrump weaponizing tariff chaos, but vulnerable to stock market, U.S. living costs: chief economist BNN Blo.... More »
Here’s how ‘workaholic’ Lauren can put her savings to work toward buying her dream house Jun 18th
To buy a house in the next five years, writes financial expert Jason Heath, Lauren should direct-transfer some of her maxed-out RRSP cash into the new tax-sheltered First Home Savings Account..... More »
Should you hold on to unused RRSP contributions? + MORE Dec 4th
Ask MoneySense
I have $66,000 unused RRSP contributions for the 2023 tax year (unused deductions, not unused contributions).
My plan is to start my RRSP withdrawals in January 2025, and to start claiming the unused deductions on my 2025 taxes, when most likely it will be over $70,000. In 2025, I .... More »
The best cash back credit cards in Canada for 2024 + MORE Sep 27th
Cash back credit cards are an extremely popular type of rewards card in Canada. Each cash back credit card has its own features and benefits, so you’ll want to compare the annual fee, earn rate and any additional benefits before you apply.
Credit card comparison tool
Compare your options wit.... More »
Simple acts of financial self-care go a long way toward improving your money mindset and confidence.The RRSP deadline is March 1: Should I borrow to make a contribution if I don’t have the money?
– thestar.com
Getting a loan for RRSP purposes can work out if it’s short-term, but it’s not ideal, experts say.

