Reducing capital gains on a cottage Jul 31st

The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.

Latest News

Why are Canadians still frustrated with the economy? Nov 5th

The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better. Inflation is now at 1.6%, below the Bank of Canada’s 2% target. Interest rates are falling rapidly and mor.... More »

How has inflation affected Canadians’ finances in recent years? Oct 10th

Inflation and higher interest rates have eroded Canadians’ purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found. But wealthier households have seen their purchasing power rise thanks in big part to their i.... More »

To save money, Canadians are buying more private-label grocery brands + MORE Oct 3rd

Over the past few years, consumers have been buying more private-label products at the grocery store to save money—and the trend may be here to stay. Amid renewed investment by grocers in their store-branded offerings, studies show many shoppers no longer see store brands as lower quality than .... More »

Why are mortgages so expensive in Canada? + MORE Sep 26th

Interest rates have trended steadily lower over the late summer, and as a result, Canadians are finding it slightly easier to buy real estate. Prices are coming down, but Canadian mortgages are still expensive. This is according to the latest home affordability report compiled by Ratehub (which o.... More »

lululemon athletica inc. Announces Second Quarter Fiscal 2024 Results - lululemon + MORE Aug 29th

lululemon athletica inc. Announces Second Quarter Fiscal 2024 Results lululemonLululemon Cuts Guidance. The Stock Is Rising Anyway. Barron'sLululemon cuts annual forecasts on tepid U.S. demand, rising competition The Globe and MailLululemon Trims Outlook Amid Concern.... More »

Reducing capital gains on a cottage

– moneysense.ca

Got questions about capital gains tax and cottages? Here are three MoneySense reader questions answered by Certified Financial Planner Jason Heath.

Capital gains and cottages questions

How naming beneficiaries can affect taxes and probate

Using renovations to lower capital gains tax

Reducing capital gains on the sale of a cottage

You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quote*I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.

Tax, probate, and underused housing tax for your family cottage

Planning to leave the family cottage to your kids in your will? Here’s how to minimize capital gains tax as part of your estate planning.

Ask MoneySense
My father-in-law was convinced by his local accountant that the family cabin would not be taxed upon his and his wife’s deaths, because he had put all three of his children’s names on the ownership title…

Continue Reading On moneysense.ca »

Banks.ca constantly finds the best and most current Investment information available in Canada.

Share