How are bonuses taxed in Canada?
If you’re getting a year-end work bonus or a raise, congrats! Before you spend it, know what deductions to...
Taxes
What drove U.S. inflation in January 2025
Inflation prices jumped to 0.5% from January to December, which was the largest increase since August 2023.
“I have receipts”: Why you need to keep Canada income tax documents
You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts...
How your net income gets calculated for tax and OAS
To minimize taxes and maximize benefits, learn the difference between deductions, credits and other forms of tax relief by...
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What Canada’s deferred capital gains tax change means for your taxes
The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes...
When does the capital gains tax inclusion rate increase take effect?
Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.
How it works: Capital gains tax on the sale of a property
When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed?...
Capital gains tax in Canada, explained
Learn how capital gains are taxed and how to avoid paying more taxes than necessary when selling your assets....
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