Category: Finance

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: CRA is challenging perceived real estate ‘flips’ through the court system, with mixed results Publishing date: Nov 24, 2022  •  November 24, 2022  •  5 minute read 80 Comments New anti-flipping rules for residential real estate are scheduled to come into force on Jan. 1, 2023. ASHLEY […]

Breadcrumb Trail Links Personal Finance Family Finance There is hope and opportunity even in times of economic shakiness One of the best decisions you can make as a new graduate is to continue investing in yourself, writes Susan O’Brien. Photo by David Bloom/Postmedia files Reviews and recommendations are unbiased and products are independently selected. Postmedia […]

Breadcrumb Trail Links Real Estate Personal Finance Mortgages Interest rate normalization is causing the cost of debt to go up — and likely stay up Homes for sale in East Gwillimbury, Ont. Photo by Cole Burston/Bloomberg files Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases […]

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: To receive benefit payments, you must have filed a 2021 tax return with the CRA Publishing date: Dec 01, 2022  •  December 1, 2022  •  3 minute read 13 Comments Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland in Ottawa. Photo by Blair Gable/Reuters files […]

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: If you’re strategic, you may be able to get all the funds out of the plan tax free The Canada Revenue Agency has provided new guidance on what is considered a “reasonable” expense for educational purposes. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products […]

Breadcrumb Trail Links Personal Finance Family Finance Debt Here’s who you might need to help you achieve your money goals The network of experts you assemble for yourself will look out for your best interests and consider all aspects of your financial goals. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products are […]

Breadcrumb Trail Links Taxes Personal Finance Jamie Golombek: Choosing the wrong payment option can lead to arrears interest and even instalment penalties Publishing date: Dec 08, 2022  •  2 days ago  •  5 minute read 19 Comments Choosing the wrong tax instalment payment option can lead to costly penalties from the CRA. Photo by Brent Lewin/Bloomberg […]

Article content By Julie Cazzin with Janet Gray Article content Q: I just sold five paintings from my parents’ art collection. Both my parents are deceased and left the paintings to my sister and I in their will. The money is more than I expected: a $350,000 windfall in total. Considering my parents only paid […]

You don’t need to be a great investor to make lots of money. You just need to be a good-enough investor. Once you’re good enough you’ll be able to ride an almost constant tailwind toward financial independence. Further, you’ll learn to no longer blow yourself up and lose all your progress. One of my favorite […]

During the pandemic, we learned that Americans can save a lot more money if we want to. Take a look at the historical American personal saving rate chart according to the U.S. Bureau of Economic Analysis and the St. Louis Fed. After lockdowns began on March 18, 2020, the U.S. personal saving rate skyrocketed from […]