The tax implications for Canadians selling foreign real estate
How are Canadians taxed on foreign property? Find out if you should report the sale on your tax return...
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5 ways young Canadians can prepare financially for what awaits in 2024
2023 was a challenging year with high interest rates, inflation and housing costs. Here’s what’s in store for Gen...
What should Canadian investors do: Sell or hold with preferred share losses?
When taking a big loss on preferred shares, a MoneySense reader asks if he should hold or sell now.
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Can you file multiple years of income taxes together in Canada?
Yes, you can file income tax returns for previous years. But with opportunity comes some things to consider first,...
Say what?! 5 financial buzzwords we kept hearing in 2023
We’ve picked five words and phrases that capture the financial mood of 2023. From quiet hiring to soft saving,...
Inflation a scourge for retirees? Ottawa’s silver lining(s)
Inflation and taxes—both can affect retirement income. Thankfully CPP, OAS and GIS have inflation indexing. Here’s how it may...
U.S. withholding tax in an RRSP for Canadians
For Canadians who have withholding tax on U.S. income in an RRSP, sometimes this tax can be avoided.
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How are you taxed when you sell a small business?
How do you report the income from the sale of a small business? What are the tax implications? And...