Make these personal financial issues election issues in 2015 + MORE Sep 20th

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Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19 - CBC.ca Dec 20th

Immigrants face financial, emotional ruin as plans to resettle in Canada are clipped by COVID-19  CBC.ca.... More »

Multigenerational Home Renovation Tax Credit: What is it and do you qualify? + MORE Sep 8th

Thinking about asking a senior-age parent to move in with you? If this involves renovating your home to create a secondary unit for them, you may qualify for a new federal tax credit: the Multigenerational Home Renovation Tax Credit (MHRTC). Multigenerational households—those composed of three .... More »
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Aid airdrops to Syria’s besieged are called too dangerous + MORE Jan 22nd

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How to Claim Work-From-Home Expenses on Your Taxes + MORE Mar 30th

Working from home during the pandemic has given many Canadians more flexibility and work-life balance—and it might also help them lower their taxes.  According to the Canada Revenue Agency, you can claim home office expenses if you were required by your employer to work remotely due to the.... More »
Federal Competition Tribunal is set to rehear a lawsuit brought by the federal Competition Bureau against the Toronto Real Estate Board over whether the board is unfairly restricting public access to crucial home-sales data

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Time to get political on My Own Advisor.  Who doesn’t like a little bit of controversy?  This is hopefully a healthy debate, so let’s get into it. Our federal election is coming up and I think it’s time to make these financial issues election issues.

Keep the Tax Free Savings Account (TFSA) contribution limit at $10,000

You might recall the Conservatives made good on their promise, they increased the annual TFSA contribution limit after the budget was balanced to $10,000 per account holder earlier this year.  While this might seem only great news for wealthy Canadians looking to shelter more tax I also think it’s great for all Canadians regardless of income levels and ages.  Increasing the TFSA contribution limit will allow Canadian investors to shelter more dividends, capital appreciation and interest income from taxation – providing a greater incentive for Canadians to save, invest and stay invested using this account…

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