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The best TFSAs in Canada for 2024

Tax-free savings accounts offer a place for your cash or other investments to grow. Here’s help with selecting the...

The best TFSAs in Canada for 2024
A cheerful couple review a list of RRSP accounts online using a laptop

RRSPs

The best RRSPs in Canada for 2024

Here are the best accounts to hold your savings and investments.

The best RRSPs in Canada for 2024
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CCB payment dates 2024 and 2025, and more to know about the Canada Child Benefit

Parents, here are the CCB payment dates for 2024 and 2025, along with how much you can expect to...

CCB payment dates 2024 and 2025, and more to know about the Canada Child Benefit
senior couple on balcony of home

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Why a reverse mortgage should be a last resort for most Canadian retirees
Two empty Muskoka chairs on a deck, to inspire the contrast of the perks of a cottage in Canada and the financial implications.

Real Estate

Yes, a cottage is an investment property—here’s how to minimize capital gains tax

Should you “invest” in a cottage? And if you do, what happens when you sell it, give it away...

Yes, a cottage is an investment property—here’s how to minimize capital gains tax
Canadian couple in the kitchen of their cottage as they contemplate selling and if they an avoid taxes.

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Can I sell my cottage tax-free?

Is there a tax exemption for capital gains? No, but find out how to allocate your principal residence exemption...

Can I sell my cottage tax-free?
Canadian mom and child at the cottage she inherited from her father and shares with her siblings and step mom.

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Inheriting cottage and the capital gains implications

Jill's late husband left her a cottage. What happens if she transfers ownership to her stepchildren?

Inheriting cottage and the capital gains implications
Leaving a cottage to family and capital gains

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Reducing capital gains on a cottage

With planning and the right documents, the capital gains tax owing on a family cottage can be lowered. Here...

Reducing capital gains on a cottage
Two brothers fishing at their Canadian cottage.

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Selling a cottage to a family member: What that means for capital gains

If the property was bought before 1994, there may already have a $100,000 capital gains deduction.

Selling a cottage to a family member: What that means for capital gains