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Blue Jays trade JA Happ to Yankees for Brandon Drury, prospect - CBC.ca + MORE Jul 26th
CBC.caBlue Jays trade JA Happ to Yankees for Brandon Drury, prospectCBC.caToronto general manager Ross Atkins says competitive baseball teams are increasingly less willing to part with top prospects when they tool up for a playoff run. So while the Blue Jays didn't get a blue-chip minor leaguer.... More »
Why Canada needs continued investment in transportation infrastructure + MORE Aug 7th
We need to ensure continued and co-ordinated investment in a Northern Corridor so that our progress over the past 150 years is not lost during the next 150
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How to fill out a personal tax return for 2023 Dec 13th
Whether it’s your first time or if you’re a newcomer to Canada, you’ve come to the right place. This step-by-step guide will help you navigate through filling out your tax return.
The most popular method to file your tax return is by using online tax software. According to the Canada Revenu.... More »
Freshii shares down on earnings miss + MORE Aug 10th
Freshii share prices weakened on Friday as the Toronto-based restaurant chain missed earnings expectations for the second quarter..... More »
The close: TSX ends lower with mining, technology stock falls + MORE Nov 29th
Nasdaq falls with tech stocks; S&P ends flat
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Angus Reid cashes out of Vancouver software firm Vision Critical
– theglobeandmail.com
The pollster’s $44-million stock sale and exit from the board ends a tumultuous chapter for the Vancouver firm
Can I set up RESPs for my kids without telling my ex?
– moneysense.ca
Q: I am divorced and my wife has custody of our kids. I want to set up an RESP for them but I don’t want my ex-wife to know about it. I’m worried she’ll find out if I use their actual address when I open it. Can I use my mine instead? —Kris
A: I don’t like secrets in principle. But, when it comes to RESPs, the Canada Revenue Agency doesn’t allow them in practice.
CRA spokesperson Lise Newton explains that, “if a beneficiary is under 19 years of age, the Income Tax Act does require an RESP promoter to notify, in writing, the parent/guardian with whom the beneficiary normally resides of the existence of the plan.” So while you can use your address, your ex-wife is going to be notified about it anyway.
Remember too that RESP contributions are “per child” so, to avoid penalties, you’ll need to be aware of any other plans that might exist for your children, set up by your ex-wife, her parents or her friends.
I’m sure you have your reasons for wanting to keep this information from your ex-wife—perhaps both financial and emotional…
