All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Amazon MGM Studios Plans Toronto Production Hub With Five Stages Leased From Pinewood Group (Exclusive) - Hollywood Reporter Jan 17th
Amazon MGM Studios Plans Toronto Production Hub With Five Stages Leased From Pinewood Group (Exclusive) Hollywood ReporterAmazon MGM Studios makes deal to use Pinewood Toronto Studios CP24Amazon establishes Ontario production hub in 'multi-year' Canadian studio commitment .... More »
How to choose a financial advisor in Canada + MORE Apr 18th
Do you know what to look for when choosing a financial advisor? This person will be giving you advice on important things like insurance, money management and investing, so it’s worth taking the time to screen candidates carefully before you hire a financial advisor.
The terms “financial advi.... More »
Improbable Leverages Improved Financial Profile to Drive Innovation in AI, the Metaverse, and Web3 Through Venture Building - Financial Post Jan 22nd
Improbable Leverages Improved Financial Profile to Drive Innovation in AI, the Metaverse, and Web3 Through Venture Building Financial Post.... More »
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion - Reuters + MORE Nov 14th
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion ReutersOvintiv consolidates holdings with $3.3-billion Montney buy, $2.8-billion Uinta sale The Globe and MailParamount Resources Ltd. announces $3.325 billion asset sale BOE ReportOvintiv is .... More »
Stock news for investors: Air Canada profit drops more than 50% in Q2 amid “challenging environment” Jul 31st
Here’s a round-up of news for Canadian investors this week.
Air Canada
George Weston
Lightspeed
Bombardier
Gildan Activewear
TFI
Algoma Steel
Featured RRSP Accounts
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EQ Bank
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How to file your taxes when you own ETFs
– moneysense.ca
Ask MoneySenseIs it possible to handle investments without having an accountant or tax professional? I do my own income taxes and have used the tax receipts without any issues from my bank for mutual funds. Is it possible to invest in ETFs without hiring a professional at tax time? If they are in a TFSA, do I need to worry about calculating ACB?—Barbara
Tax implications of holding ETFs in a TFSA
When filing your taxes, Barbara, there are similarities between mutual funds and exchange-traded funds (ETFs). But there are also some distinct differences.
Both types of investments are subject to tax in your taxable accounts, like non-registered or corporate accounts. Tax-free savings accounts (TFSAs) are tax-free, so you don’t receive tax slips for TFSA investments, nor do you report the income or capital gains on your tax return.
Featured accounts
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High interest savings account
Interest rate: 2…
