One-stop shop for small-business support launched

A new one-stop shop website is offering free financial counselling and wellness coaching for small businesses in Southern Queensland. The Small Business Financial Counselling Service (SBFCS) Southern Queensland website seeks to help small-business owners who are experiencing money problems or mental health and emotional wellbeing stress. SBFCS Southern Queensland Chief Executive Officer Ross Leggett explained […]

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4 steps to getting investment income without paying CRA more taxes

Breadcrumb Trail Links Taxes Personal Finance Investor Here’s how to balance dividends with a lower tax bill The Canada Revenue Agency headquarters in Ottawa. Photo by Sean Kilpatrick/The Canadian Press files Article content Most investors like a high-income yield, but are you one of them? Do you need monthly income to pay your bills? Is […]

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What to do if you’ve missed repayments to your RRSP Home Buyers’ Plan

Breadcrumb Trail Links Real Estate Personal Finance Mortgages You are unable to catch up on missed payments, experts say Recently built homes on the northern edge of Calgary. Photo by Gavin Young/Postmedia files Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on […]

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The pros and cons of a reverse mortgage to help pay off your debts

Breadcrumb Trail Links Real Estate Personal Finance Mortgages Be cautious before entering into an agreement to chip away at your home equity A reverse mortgage is a loan that allows you to access the equity in your principal residence without having to sell it and without having to make payments until you move out, sell […]

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CRA denies taxpayer’s headhunter fees, but judge disagrees

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: CRA’s reasoning for denying headhunter expenses full of contradictions, judge says Published Feb 02, 2023  •  Last updated Feb 02, 2023  •  5 minute read 13 Comments A taxpayer asked to search for a candidate to join her team by her employer had her headhunter fees denied […]

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Canadians now expect to need $1.7 million to retire: BMO

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content Canadians believe they will need to save up $1.7 million to retire, up 20 per cent from 2020, according to a study published by BMO Financial Group on Tuesday. […]

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CRA denies train driver’s work-away-from-home costs, is taken to court

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: To deduct unreimbursed food and lodging employment expenses, several conditions must be met A Go train at Toronto’s Union Station. Photo by Peter J. Thompson/National Post Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links […]

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5 steps to stop feuding financially with your partner

Breadcrumb Trail Links Personal Finance Family Finance Being on the same page and having a way to talk about money is crucial for a stable financial future Setting joint financial goals, like saving for something you can enjoy together within the next six months, is a good way to get on the same page financially. […]

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Bankruptcies, proposals to renegotiate loan terms to rise in Q1

Breadcrumb Trail Links Personal Finance News Economy Debt Bankruptcies, proposals to renegotiate loan terms expected to rise in first quarter Canadian business insolvency filings grew 37.2 per cent in 2022. Photo by Brent Lewin/Bloomberg files Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through […]

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