What it’s like to work with a financial advisor + MORE Apr 10th

How to go about securing the best savings strategy in Canada.

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The one inflation tool you need for your finances + MORE Feb 6th

If you don’t have a high-interest savings account (HISA), now is a good time to consider opening one. Why? HISAs pay more interest than regular savings accounts, and rates are particularly high right now. The amount you can earn on your deposited money may help offset rising inflation. And, last b.... More »

What new bare trust tax filing rules mean for Canadians Mar 12th

Ask MoneySense I would like some clarification on the T3 tax return for the year 2023. Whom does this rule apply to and can you clarify whether all the persons on the account have to complete T3 tax returns? —Chander Some people set up trusts that come into effect during their lives or upon.... More »

Looking for a mortgage in B.C.? Don’t limit your options to the big banks + MORE May 28th

At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »

The best high-interest savings accounts in Canada for 2026 + MORE Feb 11th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Advertisement Why trust us MoneySense is an.... More »

The best high-interest savings accounts in Canada for 2023 + MORE Jun 26th

Save The best high-interest savings accounts in Canada for 2023 Here are the accounts offering the highest interest rates and lowest fees. Compare now Tap the button for more details. The rates i.... More »

Personal Income Tax Guide: The deadline for filing your 2021 return, tax brackets and more

– moneysense.ca

The year 2021 has been a year about money, from the latest crypto to inflation to housing prices to taxes. While money trends can go up and down—or up and up for certain matters—taxes can be more predictable, if you’re prepared. This year’s MoneySense income tax guide includes the things you need to know: the deadline for filing your 2021 return, which tax brackets you fall into, COVID-related tax breaks, often-missed tax deductions and more. (And if you have yet to file for the previous year, here’s our 2020 income tax guide—no judgment!)

Tax deadline 2021The 2021 tax bracketsChanges to income taxes for 2021Tax claims for CanadiansHow to get started doing your tax returnTFSA contribution roomTax tips for CanadiansDealing with fraud and your taxesMore helpful reading

Tax deadline 2021

Saturday, April 30, 2022 is the deadline for filing your 2021 personal income tax return and paying any tax you owe. (The deadline for filing this year is April 30, 2022, which is on a Saturday, by the way…

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What it’s like to work with a financial advisor

– moneysense.ca

If you’re like many Canadians, you’re probably weighing working with a financial advisor. Maybe you’ve just gotten married, started a business, expanded your family or come into an inheritance, or you’re planning your financial future as you approach retirement.

A financial advisor can be an invaluable resource in taking stock of what you currently have—and in developing strategies to protect and grow those assets. An advisor can provide a blueprint for your financial goals, identify what insurance products you need, help with tax planning and offer advice regarding your investments, savings and budgeting strategies.

What’s also important is that you find someone reputable who you can trust—a person who will be a good fit for you. Here’s how to ensure that process goes smoothly.

Narrow down your search

To find potential advisors, you can ask around for recommendations, or you can use MoneySense’s Find a Qualified Advisor tool. All of the advisors listed in the tool are members of the Financial Planning Association of Canada (FPAC)…

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