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How much to take out of your RRSP in your 60s Oct 4th
Many retirees have the bulk of their retirement savings in registered retirement savings plans (RRSPs) or similar tax-deferred registered accounts. RRSPs need to be used to buy an annuity or more commonly converted to a registered retirement income fund (RRIF) by Dec. 31 of the year someone turns 71.... More »
How are you taxed when you sell a small business? + MORE Apr 11th
I recently sold my company last year for $160,000 and purchased it for $90,000 in 1997. Can you please help me with the tax on this? I have called CRA many times and no one knows this simple process.—Peter
The types of taxes you owe when selling a small business
Sorry you have been having tr.... More »
Stocks dive on surging inflation, Ukraine risks; China markets sell-off - Reuters.com + MORE Mar 11th
Stocks dive on surging inflation, Ukraine risks; China markets sell-off Reuters.comAsian shares rally as Russia-Ukraine talks buoy sentiment The Globe and MailHong Kong tumbles more than 3%, leading losses in Asia as Chinese tech stocks drop CNBCAsian markets join gl.... More »
What to do if you overcontributed to your RRSP + MORE Feb 26th
Ask MoneySense
I overcontributed to my RRSP by accident, and I am looking for some advice on how to deal with it. I contributed $3,550 to my 2022 RRSP in October 2022. I then forgot I made this contribution and again in February 2023 I made a $3,550 contribution.
What options to I have to address.... More »
Hyundai Ioniq 6 Preferred Long-Range AWD: The best affordable EV in Canada for long-range driving for 2024 + MORE Mar 1st
Last year, we told you that the 2024 Hyundai Ioniq 6 was our top pick for affordable access to long-distance cruising range, specifically with the 2024 Hyundai Ioniq 6 Preferred Long-Range version delivering maximum return on the investment of shoppers counting “range for the buck” as a key purc.... More »
State pension funds invested millions in hedge fund that controls “National Enquirer” parent – Fast Company
– news.google.ca
Fast CompanyState pension funds invested millions in hedge fund that controls “National Enquirer” parentFast CompanyThis story was co-published with MapLight and Capital & Main. During the last five years, taxpayers in New Jersey, Ohio and California have owned large financial stakes in the owner of the media company that allegedly helped the Trump campaign bury …NYT: Trump tried to buy, bury decades of dirt from National EnquirerCNNNational Enquirer faces financial losses, legal troubleCTV NewsTrump tried to buy years of unflattering stories from National EnquirerNew York Postall 162 news articles »
TD Bank Group wrapped up a bullish third-quarter earnings season for Canada’s biggest lenders on Thursday with a profit of nearly $3.11 billion, a 12 per cent increase from last year that was supported by growth at its U.S. business and a strong domestic economy.
