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2022 tax season primer: Our roundup of the best tax tips for Canadians + MORE Nov 10th
Before the payment deadline rolls around on May 1, 2023, there are ways to avoid racking up a higher tax bill than you need to (especially given this year’s record levels of inflation and rising cost of living). Plus, look for any deductions, rebates or tax credits that will help you put some mone.... More »
Best online brokers in Canada for 2024 + MORE Jun 6th
This is our 12th year helping Canadian investors find their optimal financial partner to enhance their self-directed investing journey. There’s never a bad time to highlight the ins and outs of do-it-yourself investing and help newer investors understand what defines an online broker in Canada.
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Three lower-risk REITs with rising payouts + MORE Jun 27th
All of these real estate investment trusts have conservative payout ratios, making them safer options and increasing the chances of future increases
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Who pays tax on cash gifts in Canada? Mar 19th
Ask MoneySense
Is there a tax on cash gifts to children in Ontario?
—Virginia
Tax on gifts and loans to children in Canada
When you give cash to a child, Virginia, there are generally no tax implications for the recipient. They do not have to worry about paying tax on it, no matter where.... More »
Pelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight it - Los Angeles Times + MORE Feb 6th
Los Angeles TimesPelosi calls Trump's plan to dismantle financial regulations a 'massive con' and vows to fight itLos Angeles TimesHouse Democratic Leader Nancy Pelosi vowed Monday to fight what she called President Trump 's “massive con” to dismantle the Dodd-Frank financial.... More »
Let’s talk money, honey
– moneysense.ca
(Illustration by Mariah Llanes)In the haze of wedding planning or the emotional heat of committing to a partner you love, there’s one subject that often goes untouched—financial management as a unit. Tying the knot or signing the joint lease both come with big money consequences. According to a CIBC poll done earlier this year, 99% of about-to-get hitched Canadians think it’s important to discuss money management, but only 35% have had this discussion. “The disconnect is obvious,” says Rona Birenbaum, a certified financial planner with Caring for Clients in Toronto. “Knowing something is important to talk about doesn’t mean you’ll do it.” Here’s how to get the all-important money talk started with your partner and what it should cover.
Talk to a third party
Set up a meeting with a fee-for-service planner to help get the discussion started. A planner will be able to mediate the talk so it doesn’t simply become one partner pointing a finger. Discuss your life goals and priorities and, remember, they don’t have to be strictly money-related, says certified financial planner Jason Heath…
Montreal-based apparel maker Gildan Activewear Inc. has won an auction to buy the assets of American Apparel, which went into a court-supervised liquidation process earlier this year.
Financial PostValeant to sell $2.1-billion in assets to pay down debtThe Globe and MailValeant Pharmaceuticals International Inc., the embattled Canadian drug maker, agreed to sell about $2.1-billion in assets to get cash to streamline its businesses and begin easing its debt burden. L'Oreal SA will pay Valeant $1.3-billion for three …Valeant Pharmaceuticals sells 3 of its products to L'OrealGlobalnews.caValeant sells skincare brands to L'OrealCTV NewsValeant Sells $2.1 Billion in Assets to Ease Heavy Debt BurdenBloombergMontreal Gazette -The Motley Fool Canada -USA TODAY -Seeking Alphaall 41 news articles »
