How to go about securing the best Retirement Plan in Canada.
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Skipping the starter home for the next size up? Be financially savvy about it May 4th
Taking on too big a debt load can leave first-time buyers house poor, unprepared for retirement and stressed by ordinary purchases for things like car repairs and vacations, Lesley-Anne Scorgie writes..... More »
Can you make a transfer from an RESP to a spouse’s RRSP? Sep 1st
Q. I have an RESP account that I plan to wind down—and I have very little RRSP contribution room, but my wife has quite a lot. I just read this article you wrote for MoneySense about transferring money from an RESP to an RRSP. I thought it was permissible for a subscriber (that would be me in this.... More »
Can you maximize your RRSP and TFSA with an income of $0? Feb 22nd
Ask MoneySense
I have $119,000 room allowed in my RRSP and $81,000 room in my TFSA.
I am 47, live in B.C., currently not earning income as a caregiver for a parent. I have a business with a registered GST number to claim income now or in the future. But for my question, let’s assume I will be c.... More »
You won’t believe the size of the Canadian ETF market + MORE Aug 5th
Mutual funds may still rule in Canada, but exchange traded funds are gaining ground fast. According to the latest industry snapshot the Canadian ETF industry just hit an important milestone.
There are now more than 500 ETF now trading on the TSX and TSXV, controlling $129 billion worth of investo.... More »
How to change a past tax return Apr 11th
Ask MoneySense
I have non-registered investment management fees from 2021 and 2022 that were not claimed on my returns for those years. Can they be deducted on my 2023 return? If not, is there another way to utilize those deductions now?
—Ian
How to change a tax filing to claim investment m.... More »
HMCS Athabaskan returns to Halifax on October 30, 2014. Canada’s last destroyer is going on a final tour of Halifax harbour today after 44 years of service. Ottawa announced over two years ago that HMCS Athabaskan would be retired along with three other Royal Canadian Navy ships. THE CANADIAN PRESS/Andrew VaughanHALIFAX – In its heyday, it was one of Canada’s largest fighting ships — built for operations in the North Atlantic as a helicopter-carrying submarine hunter with a crew of more than 250.
But the big gun on HMCS Athabaskan thundered its final salvos Wednesday, as Canada’s last Cold War-era destroyer enters retirement after more than 44 years of service.
It was deployed during the first Gulf War in 1990, delivered aid after Hurricane Katrina in 2006 and Haiti’s 2010 earthquake, and responded to international trouble spots to fulfil Canada’s NATO obligations under the ship’s motto “We Fight As One.”
“Your first vessel is usually your first love and I do say that’s true,” said Peter Rigby, who served more than 19 years on Athabaskan and retired as a petty officer first class…
