Ask a Planner

Revising the fair market value of a property for tax purposes

Can you retroactively change the valuation of a rental property before selling it to reduce capital gains tax in...

Ask MoneySense

Financial fraud in Canada: What to do if your bank account or credit card is compromised

Presented By

Equifax

Ask a Planner

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...

Ask a Planner

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...

Ask a Planner

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...

Ask a Planner

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...

Ask MoneySense

Do retirees need life insurance?

A Certified Financial Planner looks at the different strategies to ask your own advisor: Is life insurance the answer?

Columns

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...

Ask a Planner

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...