Registered vs non-registered accounts: Where retirees should make withdrawals
When you have the choice for withdrawals, it makes sense to look at the pros and cons of taking...
Ask MoneySense
Do non-residents pay tax on CPP? What if you live in the U.S.?
Withholding tax is generally the only Canadian tax a non-resident pays for their CPP pension, and the tax burden...
How recession fears are shaping investor behaviour and emotions
In the first quarter of 2023, investors wrestled with fast-changing market conditions. Here are some takeaways and tips on...
Market-linked GICs: The pros and cons for investors
These GICs track the markets, offering low risk and some upside potential to investors. Here’s how to know if...
Advertisement
Are mutual fund fees tax deductible?
Don’t go claiming a deduction for mutual fund fees on your tax return. Why? Because they’ve already been indirectly...
What is considered day trading in a TFSA
The recent Ahamed v. The King decision by the Tax Court of Canada highlights risks for investors who trade...
Selling stocks at a loss in a TFSA: What it means for your contribution room
Before holding speculative stocks in a TFSA, consider what reporting a capital loss means for your contribution room going...
Advertisement
What happens to my RRIF when I die?
Here’s how to leave assets in your RRIF account to your spouse, common-law partner, children, grandkids or other beneficiaries—and...