How to change a past tax return Apr 11th
How job changes can affect your taxes + MORE Mar 28th
RRIF and LIF withdrawal rates: Everything you need to know Mar 7th
“We’re well off in retirement. How can we pay less tax?” + MORE Aug 29th
Retirement taxes explained: Withholding, clawbacks, and other surprises Sep 19th
Making sense of the markets this week: December 10, 2023
– moneysense.ca
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Interest rates stay the same—bank accounts, not so much
As was widely anticipated, the Bank of Canada (BoC) chose to keep the key interest rate at 5% this week.
if(typeof(wpDataCharts)==’undefined’){wpDataCharts = {};}; wpDataCharts[10] = {render_data: {“wdtNumberFormat”:”1″,”options”:{“title”:{“text”:”Bank of Canada interest rate vs annual inflation rate”,”floating”:false,”align”:”center”},”series”:[{“type”:”column”,”name”:”Annual inflation rate”,”color”:””,”label”:”Annual inflation rate”,”orig_header”:”12monthchange”,”data”:[1,1.1,2.2,3.4,3.6,3.1,3.7,4.1,4.4,4.7,4.7,4.8,5.1,5.7,6.7,6.8,7.7,8.1,7.6,7,6.9,6.9,6.8,6.3,5.9,5.2,4.3,4.4,3.4,2.8,3.3,4,3.8,3.1,0,0],”yAxis”:0},{“type”:””,”name”:”BoC interest rate”,”color”:””,”label”:”BoC interest rate”,”orig_header”:”rate”,”data”:[0.25,0.25,0.25,0.25,0.25,0.25,0…


