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Are spousal and child support payments taxable?

Spousal and child support payments are taxed differently. And lump-sum payments may come with their own tax implications.

Are spousal and child support payments taxable?
A man on the beach with his grandson, because he was able to apply for CPP Survivor's Pension benefit

Ask MoneySense

What is the CPP Survivor’s Pension? How can Canadians claim this benefit?

When a spouse loses their partner, benefits are available to them through the government, such as the CPP Survivor’s...

What is the CPP Survivor’s Pension? How can Canadians claim this benefit?
A woman lies on a sofa and smiles at GIC returns shown on her phone

GICs

How GIC returns are taxed in Canada

GIC interest rates are incredibly high—should you invest? Find out how GICs work and how GIC interest is taxed...

How GIC returns are taxed in Canada
A woman reading a book to symbolize her learning about her money story

A Rich Life

What’s your money story?

Your money story shapes your relationship with your finances. Here’s how to examine yours, which can have a big...

What’s your money story?

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Ask a Planner

The tax implications of working abroad for residents and non-residents of Canada

What taxes do you owe when working in another country if you’re a resident of Canada or have significant...

The tax implications of working abroad for residents and non-residents of Canada
A man in his late 50s lies on a race track with his arms stretched behind his head

Ask a Planner

How to use income ETFs for retirement income

Are income ETFs the right choice for retirees? And should you place them in a life income fund that...

How to use income ETFs for retirement income
Author Shannon Lee Simmons smiles at the camera against a dark background.

My MoneySense

Shannon Lee Simmons defines “emotional return on investment” and her take on personal debt

Author and Certified Financial Planner Shannon Lee Simmons explains her definition of financial value, and how she overcame...

Shannon Lee Simmons defines “emotional return on investment” and her take on personal debt
Bollywed's father and son duo Chandan and Kuki Singh.

My MoneySense

Bollywed’s Kuki and Chandan Singh on making it in Canada—and on TV

Money comes up a lot in an intergenerationally run business led by this father-son duo. Find out what they...

Bollywed’s Kuki and Chandan Singh on making it in Canada—and on TV

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A man sits in front of a chess board thinking deeply.

Financial Planning

How to make better financial decisions—without regret—in a crisis

What is a decision crisis? How do you know if you’re in one, and what do you do next?...

How to make better financial decisions—without regret—in a crisis

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