How to reduce capital gains tax with RRSP contributions
RRSP contributions can reduce capital gains tax. How does that work, and when might a different tax strategy be...
Articles By Jason Heath, CFP:
Who pays tax on cash gifts in Canada?
Want to give or loan money to your children? Here are the factors that determine who pays tax in...
Can you decline or step down as power of attorney in Canada?
Power of attorney compensation can be high, but the role can be a lot of work. Here’s what happens...
How RRIF withdrawals work when you have multiple registered accounts
Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part...
Tax and estate planning for joint accounts
Many Canadians have questions about how accounts are transferred upon death. Here’s how it works when assets are held...
How to reduce foreign exchange costs using Norbert’s Gambit
Converting between U.S. and Canadian dollars can be costly. This technique can reduce the cost from 2% or more...
How to use FHSA and RRSP withdrawals for a home down payment in Canada
First-time home buyers in Canada can pull from savings in registered accounts to fund their down payment. Here’s how...
What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes...
CPP for non-residents of Canada: How to apply, report pension income and more
A Certified Financial Planner explains how the CPP process works for a non-resident of Canada and if a return...