Ask a Planner

Can you maximize your RRSP and TFSA with an income of $0?

With a year of no income, find out if it makes sense to max out registered accounts like an...

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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.

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...

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Can an executor borrow money to cover probate costs?

Executors have a few options when the estate has outstanding bills and no cash to cover probate fees. Find...

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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...

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?...

Ask a Planner

When does the “plus 1” rule apply to a principal residence? 

There are tax implications to inheriting a second property. But in certain circumstances, you can have two principal residences...

Ask MoneySense

Where should you invest an extra $50,000 in your 60s?

Created by

FPAC

Taxes

The final tax return after death: How it gets done in Canada

Presented By

Scotiabank