Connect with us
[ad_1] TFSA day trading: Do you pay tax? Tax-free savings accounts (TFSAs) are mostly tax-free. When you buy and sell an investment for a profit, that...
[ad_1] “Mine is probably the only calculator that assumes one’s spending does not quite keep pace with inflation in our later years.” “My calculator is one...
[ad_1] What is a TFSA? A TFSA (or tax-free savings account) is a registered investment savings account that any Canadian resident, aged 18 or older, can...
[ad_1] Should Canadian non-residents keep their TFSAs? Tax-free savings accounts (TFSAs) can remain tax-free for a non-resident of Canada—at least from a Canadian perspective. If a...
[ad_1] Jordan Heath-Rawlings shares your frustration. In November 2023, he launched In This Economy?!, a podcast that helps Canadians tackle financial challenges. Described as “Your guide...
[ad_1] Return to top. Prepping your taxes, including the 2022 tax brackets Even if someone else does your taxes, you still have some prep to do....
[ad_1] First, U.S. stocks are generally subject to 30% withholding tax on dividends for non-residents. It does not matter where the firm is located that offers...
[ad_1] While saving for retirement is a top priority for half of employed Canadians, many of us (44%) did not actually set aside money for it...
[ad_1] What is Estate Administration Tax in Ontario? Estate Administration Tax, commonly known as probate fees, is a mandatory tax imposed by the Ontario provincial government....
[ad_1] ETFs may have lower management fees than comparable mutual funds. And, with such a wide variety of ETFs with different asset allocations to choose from—including...
[ad_1] When you contribute to an RRSP, you must claim the contribution on your tax return for the year. That is, you report the fact that...
[ad_1] A corporation’s investment income is generally taxable at between about 47% and about 55%, depending on the corporation’s province of residence. This includes interest, foreign...
[ad_1] Opening a margin account A simple option to borrow to invest is by using a margin account at a brokerage. Depending on the existing investments...
[ad_1] Real estate prices in Canada: investment or debt? I also worry that people may have too much confidence that real estate prices will continue to...
[ad_1] Although ETFs are often considered instruments for passive or index investing, actively managed ETFs are on the rise. If U.S. investment trends are a bellwether...