Health-care workers Annie and Ben, 33, can afford a bigger house. But is now the time as they look to grow their family? + MORE May 1st

The couple has a combined annual income of $260,000, a modest mortgage, and is wondering how best to invest their savings.

Overview
Top 100 Dividend Stocks
Past Performance
Methodology

The year 2023 couldn’t have arrived fast enough for Canadian investors, as 2022 was downright nasty for investing. There was nowhere to hide. No safe havens. We know stocks have ups and downs, but bonds are supposed to be reliable and offer stability, especially during rough times. But last year, they behaved almost stock-like, posting once-in-a-generation double-digit losses in 2022. Many Canadian investors expected cryptocurrencies to have their moment in the spotlight. Unfortunately, they were still not ready for prime time. We’ve witnessed how the response to a global pandemic can affect inflation and interest rates, and what it can do to asset prices. What does that mean for Canadian investors looking for stocks that pay?

The best dividend stocks for 2023: Can we look to last year’s best-paying stocks? 

After coming through what felt like the Red Wedding of 2022, to liken it to a Game of Thrones plot, this year many investors would be inclined to patiently cash out of the markets, but inflation is eroding purchasing power for Canadians, and putting their savings in a basic savings account will put them even further behind…

It’s been quite a year for numbers, hasn’t it? From rising interest rates to steep stock market drops, finances have been headline news throughout 2022. It’s almost enough to make you forget about tax season. But with the tax deadline approaching, you have a few reminders (see the dates below), as well as this, our MoneySense 2022 Income Tax Guide for Canadians.

You’ll find lots of good info to help you prepare. Here’s a table of contents for the guide’s topics, plus in-depth coverage for many of them. 

2022 Income Tax Guide Table of Contents
Tax-related dates to know

Tax claims for Canadians and changes for 2022 income taxes

Prepping your taxes

RRSP contribution room

TFSA contribution room

How GICs are taxed

Tax tips for Canadians

How to get started on your tax return

Complicated tax situations and more

More reading for 2022 taxes

When are T4s due, tax deadline for 2022 and other important dates

April 30th may be burned into your brain as the date when taxes are due, but this year that is not the case—it falls on a Sunday in 2023…

The couple has a combined annual income of $260,000, a modest mortgage, and is wondering how best to invest their savings.

There’s an interesting study on trends in cashing out retirement savings when American workers leave their jobs. The paper, “Cashing Out Retirement Savings at Job Separation,” is co-written by a Canadian, Yanwen Wang, associate professor at the University of British Columbia’s Sauder School of Business. The study, which is fairly technical, is also featured in a more accessible version in the Harvard Business Review (HBR), “Too many employees cash out their 401(k)s when leaving a job” (March 7, 2023).

You’ve likely heard of 401(k)s, which were launched in the U.S. in 1978. They are employer-sponsored pensions equivalent to Canada’s group registered retirement savings plans (RRSPs) or employer-sponsored defined contribution (DC) pensions. All of these are tax-deferred vehicles that can be used to hold investments in stocks, bonds, mutual funds, exchange-traded funds (ETFs) and similar assets. However, Canada and the United States differ in how retirement plans are treated on leaving jobs, so most of what follows applies mainly within the U…