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Taxes

News

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

U.S. President Donald Trump’s order hitting Canada and Mexico with 25% across-the-board tariffs came into effect on March 4....

Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico
Canadian parents with their adult children, having a good time, spending money on a dinner, knowing they have money in the estate for their adult kids. Is life insurance the answer?

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?

Do retirees need life insurance?
woman prepares her tax return

Taxes

Tax due dates, credits and more: Your 2024 income tax return guide

We have everything you need to know about tax credits, changes and deadlines, and more. Get the info you...

Tax due dates, credits and more: Your 2024 income tax return guide

MoneyFlex

Mortgage Guide For Gen Z: The true costs of home ownership for young Canadians

What is the cost of buying your first home as a Gen Z? Find out the total costs you’re...

Mortgage Guide For Gen Z: The true costs of home ownership for young Canadians

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Benefits

Ontario Trillium Benefit payment dates in 2025, and more about the OTB

The Ontario Trillium Benefit is a combination of several tax credits. Here’s how the OTB works, who’s eligible for...

Ontario Trillium Benefit payment dates in 2025, and more about the OTB
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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...

How are bonuses taxed in Canada?

News

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.

What drove U.S. inflation in January 2025
A Canadian holding on to a receipt for their income tax filing.

Jacks on Tax

“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...

“I have receipts”: Why you need to keep Canada income tax documents 

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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...

How your net income gets calculated for tax and OAS

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