How to go about securing the best return for your investment in Canada.
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Making sense of the markets this week: August 4, 2024 Aug 2nd
Michael McCullough is a contributing editor to MoneySense and a financial writer and editor in Duncan, B.C.
Mixed results for Magnificent 7
The narrative around the Magnificent 7 mega-cap technology stocks has become mixed, even in the face of mostly positive earnings news.
Microsoft .... More »
Buffy, 34, makes $85,000 (U.S.) a year and has big financial goals. What’s the best way for her to save for the future? Dec 5th
TSX getting you down? There are always sound investment alternatives.
Buffy, 34, makes $85,000 (U.S.) a year and has big financial goals. What’s the best way for her to save for the future? - thestar.comContinue Reading On thestar.com »Getting a return on your investment within Canada can .... More »
The Rise of Accessible Investing in a Fintech Generation + MORE Oct 15th
Created for
For generations, the benefits of investing have been reserved only for those who possess the luxuries of time, mobility and money. Knowledge of the stock market, the value of shares and the mere concept of making your money work for you are only now truly becoming public knowledge..... More »
How to consolidate your registered accounts for retirement income in Canada Oct 1st
Ask MoneySense
My wife has an RRSP in her name and a spousal RRSP in her name, plus a small LIRA. She will be turning 71 next year.
My question is: Can she open a RRIF account and contribute both of her RRSPs plus the LIRA amount into one single RRIF account without incurring any taxable conseque.... More »
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech - CHEK News + MORE Feb 21st
B.C. New Democrat government makes pledges to homebuyers, renters, in throne speech CHEK NewsHomeowners, renters promised more security in B.C. throne speech CBC.caHousing, affordability take centre-stage in B.C. election-year throne speech Global NewsB.C. government.... More »
Making sense of the markets this week: August 16
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.Come on, tax me. I’m Canadian.
Will taxes go up in Canada? How will we pay for the pandemic? There are many guesses and rumblings about upcoming tax hikes. In a previous post, I broke the bad news that Canada will soon have $1 trillion in debt. Of course, we’ll have to pay for that one day. We’ll have to cover the borrowing costs, at least.
Here’s a tweet from Teri Courhene, economist and instructor at University of Toronto, School of Continuing Studies.
I’ve seen it often suggested that we will likely see an increase in the capital gains inclusion rate from 50% to 75%. But tax your principal residence? Will the TFSA accounts also be on the table? Will the tax free savings account become the sort-of-tax-free-savings account? Introducing the ATFSA.
The Almost Tax Free Savings Account.
I have penned previously that I do not think the TFSA is entirely immune to a tax grab over the longer term…
