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...
Taxes
How to calculate the taxable amount for a cashed-in whole life insurance policy
Is a whole life insurance cash value taxable? Spoiler: Yes. But find out how to calculate the taxable amount....
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...
Canada’s Budget 2023: What it means for you and your family
The federal government’s 2023 budget proposes a national dental care plan, a grocery rebate, changes to registered accounts, and...
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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...
For Canadians living abroad, is it worth investing in foreign ETFs?
Canadians with extra savings overseas may wish to invest in foreign ETFs. However, there may be alternatives with less...
How to have the most tax-efficient retirement income plan
Should you plan your retirement savings around paying the least amount of taxes? Find out the implications and the...
Compound interest calculator: How to use one and how interest grows
Watch your money grow—or calculate how much money you will owe in total—with the MoneySense compound interest calculator. Here’s...
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Should you withdraw from non-registered or TFSA investments in retirement?
When starting to draw down your investments in retirement, should you sell your non-registered or TFSA stocks, or both?