How to go about securing the best rate and plan for your credit card in Canada.
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The expanded RBC-More Rewards partnership is here – RBC cardholders can now earn 2x More Rewards points on groceries + MORE Jun 3rd
The expanded partnership between RBC and Pattison Food Group’s More Rewards officially launched today. First announced in March 2024, the partnership first saw the launch of the RBC More Rewards Visa Cards earlier this year and now this additional earning opportunity for holders of other RBC c.... More »
Gemini and Blanco Telescopes Unlock Clues to Origin of Longest Gamma-ray Burst Ever Observed - NOIRLab + MORE Dec 8th
Gemini and Blanco Telescopes Unlock Clues to Origin of Longest Gamma-ray Burst Ever Observed NOIRLabBlack Hole Eats Star: NASA Missions Discover Record-Setting Blast NASA Science (.gov)Unusual gamma ray burst discovery is 'unlike anything ever witnessed before' MSN.... More »
Receive up to 50,000 points back on Aeroplan hotel bookings + MORE Nov 14th
Air Canada Aeroplan has brought back a “points back” promotion for booking hotel stays with your Aeroplan points. Members can receive up to a 50,000 Aeroplan points rebate when registering for this offer and redeeming for eligible stays. This time the tiered offer is capped at 40,000 points reba.... More »
The best rewards credit cards in Canada for 2024 + MORE Nov 16th
Credit card comparison tool
Compare your options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
<script src="https://www.ratehub.ca/scripts/rh-widget-loader.js" rh-aff-id="780" rh-initial-reward-type=&.... More »
The best GIC rates in Canada for 2025 Dec 22nd
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Room-temperature superconductor works at lower pressures Ars TechnicaViable superconducting material created at low temperature and low pressure Phys.orgEvidence of near-ambient superconductivity in a N-doped lutetium hydride Nature.comScientists discover superconducting material that could bring total revolution in energy and electronics Yahoo Finance UKRoom-Temperature Superconductor Discovery Meets With Resistance Quanta MagazineView Full Coverage on Google News
RWRDS Daily Update – March 8
– RewardsCanada.ca
Wyndham Rewards: Get a $100 On-Property Credit When You Stay 3+ Nights & Flair Airlines adding more Sun Destination flights for winter 23/24. Check out today’s points and miles updates here:
The post RWRDS Daily Update – March 8 appeared first on Rewards Canada.
The post RWRDS Daily Update – March 8 appeared first on Rewards Canada.
Room-temperature superconductor works at lower pressures Ars TechnicaViable superconducting material created at low temperature and low pressure Phys.orgEvidence of near-ambient superconductivity in a N-doped lutetium hydride Nature.comScientists discover superconducting material that could bring total revolution in energy and electronics Yahoo Finance UKRoom-Temperature Superconductor Discovery Meets With Resistance Quanta MagazineView Full Coverage on Google News
Ask MoneySense
I have stocks in my TFSA as well as some that are non-registered. I am at the point in my life (retired) now that I’d like to begin selling them and using the money. Do I sell from the TFSA account or just from the non-registered portfolio?—Catherine
I have stocks in my TFSA as well as some that are non-registered. I am at the point in my life (retired) now that I’d like to begin selling them and using the money. Do I sell from the TFSA account or just from the non-registered portfolio?—Catherine
TFSA versus non-registered withdrawals in retirement
Great question, Catherine. And like many of my answers, I would say it depends. First, a primer on how stocks are taxed.
How dividends are taxed
In a non-registered account, dividends are taxable each year, whether you withdraw them from the account or not. This includes reinvested dividends in a dividend reinvestment plan (DRIP).
The way dividends from Canadian stocks are taxed is a bit weird. If your income is low, they can actually save you tax. For an Ontario taxpayer with under $49,000 of income in 2023, for example, the tax rate is about minus 7%, after accounting for the Ontario dividend tax credit. So, for every dollar of Canadian eligible dividends, you can save around 7 cents of tax that would otherwise be payable…
