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Toronto Blue Jays flex financial muscle to secure George Springer, the player they wanted all along - TSN Jan 20th
Toronto Blue Jays flex financial muscle to secure George Springer, the player they wanted all along TSNBlue Jays land top off-season target George Springer with historic contract Sportsnet.caAP source: Springer agrees to $150M, 6-year deal with Jays Taiwan NewsThe Ja.... More »
Capital gains on subdivided land, and HST on vacant land Mar 10th
Our primary residence of three years is built on a double lot. We received a partial discharge of our double lot and built our house on it for cash. Do we have to pay any capital gains? We did not plan on doing this when we first purchased it.
–Devon
Is there GST on land sales?
First, when you sel.... More »
Where to buy real estate in 2020: Durham, Ont. + MORE Jun 24th
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Stocks, oil plunge as fears of virus-linked recession rise - Aljazeera.com Mar 23rd
Stocks, oil plunge as fears of virus-linked recession rise Aljazeera.comUS Stock Futures Hit Limit Down; Oil Tumbles: Markets Wrap Yahoo Canada FinanceStocks stagger as more nations self isolate against virus Investing.comGlobal stocks crumble as more businesses shut.... More »
4 Cost-Effective Ways to Boost Employee Productivity + MORE Apr 23rd
Few business leaders have access to the capital they need to carry out all of their plans or strategies. Often, leaders have to make tough decisions regarding their resources and their budget. This means that anything a business leader can do to complete a project without breaking the bank can be in.... More »
Everything you need to know about RRSPs, TFSAs and RESPs
– moneysense.ca
With the March 1 RRSP deadline just a few weeks away, many savers are no doubt asking themselves whether they should be putting money into this stalwart retirement account or if they should be investing in the decade-old tax-free savings account, or their Registered Education Savings Plan (RESP), instead.
While it’s good to save in any of these vehicles, which one to use first will depend on how much you have to save and what you want to do with your dollars. With the RRSP deadline approaching, we thought we’d take another look at these three accounts.
RRSP: Still a solid retirement savings account
The Registered Retirement Savings Plan was created by the Federal government 62 years ago to help Canadians to save more for their golden years. At the time, people could only put away 10% of their income up to a maximum of $2,500.
While a lot has changed since then, the RRSP has stayed mostly the same. Canadians can still contribute a percentage of their earnings, though it’s now 18% of people’s income up to a maximum of $26,500 for the 2019 year (this year’s deadline is in 2020)…
While it’s good to save in any of these vehicles, which one to use first will depend on how much you have to save and what you want to do with your dollars. With the RRSP deadline approaching, we thought we’d take another look at these three accounts.
RRSP: Still a solid retirement savings account
The Registered Retirement Savings Plan was created by the Federal government 62 years ago to help Canadians to save more for their golden years. At the time, people could only put away 10% of their income up to a maximum of $2,500.
While a lot has changed since then, the RRSP has stayed mostly the same. Canadians can still contribute a percentage of their earnings, though it’s now 18% of people’s income up to a maximum of $26,500 for the 2019 year (this year’s deadline is in 2020)…
Under the agreement, Morgan Stanley will pay $19.15 per share for Solium, a firm that helps companies manage employee stock plans.