Ask MoneySense Archives

First-time home buyers in Canada can pull from savings in registered accounts to fund their down payment. Here’s how...

To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by...

A Certified Financial Planner explains how the CPP process works for a non-resident of Canada and if a return...

Canadian seniors may be eligible for a tax credit on safety-related home renovations. Let’s look at the credits available...

Four reasons why you might not want to tap your RRSPs to become mortgage-free.

Is it better to invest your money or use it to pay down your mortgage or other debt? It...

Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains...

To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution...

A tax-free savings account inherited from a spouse is subject to special treatment. Here’s how it may impact the...