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Get your movie fix and earn or redeem SCENE points with Cineplex's Online store Apr 4th
Do you need some more movie time at home now that you have pretty much watched every movie and show possible on Netflix and Prime Video? Or want to watch some new releases but not pay the rental fees associated with most Video on Demand services? Then don't forget about Cineplex's online store. The .... More »
Bank fees for non-sufficient funds will be capped at $10—but not until next March + MORE Mar 21st
Ottawa has put in place new rules limiting the fees banks can levy on customers who don’t have enough in their accounts to cover a cheque or other pre-authorized charges.
The updates, included in an order-in-council last week (March 12), cap non-sufficient funds fees at $10 for personal deposit.... More »
Introducing the new BMO eclipse Visa Infinite* and BMO eclipse Visa Infinite Privilege* Cards + MORE Nov 6th
BMO becomes the latest Canadian bank to begin issuing cards from an additional payment provider. We have banks like RBC who offer Visa and Mastercard cards, Scotia who offers Visa, Mastercard and American Express cards while CIBC in the past has issued all three as well. Now BMO moves beyond their l.... More »
Bill Cosby pre-trial optics: Wives, sweaters and NBC + MORE Jun 5th
(Photo credit should read DON EMMERT/AFP/Getty Images)
Criminal cases are built on evidence carefully gathered in discovery and witnesses’ sworn testimony. But justice is a human endeavour, which makes it subject to optics—court theatrics designed to trigger an emotional response or bias. .... More »
Great new offer for the TD Aeroplan Visa Infinite Card - Up to 30,000 bonus miles & first year free + MORE Feb 15th
TD has just released one of the richest offers to date for their TD Aeroplan Visa Infinite Card! The new offer that is available here and only some other select digital channels (it will go live with TD in March) provides an awesome welcome bonus of up to 30,000 Aeroplan Miles and a first year.... More »
How to check a small business's credit report
– creditcards.com
Good credit will affect the interest rates lenders give you when you apply for a loan.
Penalty for holding dividend stocks in a TFSA?
– moneysense.ca
Q: I hold blue-chip stocks that pay a dividend in my TFSAs. I have been told by a friend that I will be penalized for this. What does he mean?
— Morgan
A: “Penalized” is a strong word, but there are some tax issues to be aware of when you hold dividend stocks in a TFSA.
Let’s start with one of the most common misunderstandings: that holding Canadian stocks in a TFSA (or an RRSP) means you’re forfeiting the dividend tax credit. Canadian dividends are taxed favourably: an Ontario investor who earns $50,000 would pay just $64 in taxes on an additional $1,000 in Canadian dividends after accounting for the tax credit. That same $1,000 in interest income would come with a tax bill of almost $300. That’s why, if your TFSA and RRSP are both maxed out, it often does make sense to hold Canadian stocks in a non-registered account and use the TFSA and RRSP for assets that are taxed less favourably.
However, if you have plenty of room in your TFSA, there’s nothing wrong with holding Canadian blue chips there…
Canada’s Prime Minister Justin Trudeau takes part in a town hall with high school students in Ottawa, Ontario, Canada, November 3, 2016. (Chris Wattie/Reuters)Few saw the one-two punch thrown by global politics in 2016 coming. Like a set-up jab to the body, Brits voted to exit the European Union. And then, like an even harder follow-up cross to the head, Americans voted Donald Trump into the presidency. The world was left seeing stars. But maybe, if this isn’t giving Canada’s most famous boxer too much credit as a fight strategist, we might have braced ourselves for the blows if we’d been listening more closely to Justin Trudeau.
Back in 2014, Trudeau delivered a key early speech as Liberal leader to his party’s policy convention in Montreal. His main message was that middle-class families hadn’t reaped enough of the benefits of three decades of economic policy that stressed freer trade, globalized investments flows, and low government deficits. “Here’s the point,” Trudeau said…
Canada’s Prime Minister Justin Trudeau takes part in a town hall with high school students in Ottawa, Ontario, Canada, November 3, 2016. (Chris Wattie/Reuters)Few saw the one-two punch thrown by global politics in 2016 coming. Like a set-up jab to the body, Brits voted to exit the European Union. And then, like an even harder follow-up cross to the head, Americans voted Donald Trump into the presidency. The world was left seeing stars. But maybe, if this isn’t giving Canada’s most famous boxer too much credit as a fight strategist, we might have braced ourselves for the blows if we’d been listening more closely to Justin Trudeau.
Back in 2014, Trudeau delivered a key early speech as Liberal leader to his party’s policy convention in Montreal. His main message was that middle-class families hadn’t reaped enough of the benefits of three decades of economic policy that stressed freer trade, globalized investments flows, and low government deficits. “Here’s the point,” Trudeau said…
