Canadian Tax Advice - MoneySense

Go to Main Content

Taxes

A young farmer stands proudly amongst the first leaves of corn stalks, as he may be getting the farm from his father to avoid taxes.

Can you gift a farm to your kids to avoid taxes?

The idea to gift property to a family member for a dollar to avoid tax is a common one....

Can you gift a farm to your kids to avoid taxes?

A historic vacation property with private access to the shore that was purchased through a corporation

Should you buy real estate through a corporation?

It can make sense to purchase rental or vacation properties through a corporation, but often it's simpler—and less risky...

Should you buy real estate through a corporation?

A man, sitting at home on his couch, is scrolling through his iPad calendar, to choose a date to retire.

What time of year should you retire?

When’s the best time to retire? The timing is not always up to you, but if you can choose,...

What time of year should you retire?

A monopoly game is in session, symbolising how a couple could owe each other money with spousal loan strategy.

How to invest with spousal loans for Canadians—and how to pay it back

There is plenty of advice on setting up a spousal loan for income splitting, but it’s important to know...

How to invest with spousal loans for Canadians—and how to pay it back

Advertisement

A woman sitting at her laptop gazes upward, deep in thought.

How capital gains tax on property is divided in a divorce

When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?

How capital gains tax on property is divided in a divorce

To show family co-ownership of a house, a mother and her adult daughter are cooking together in their kitchen

Co-ownership: Are there any tax implications if you sell part of your house to a relative?

A finance expert addresses capital gains taxes, possible tax credits, and other factors related to co-ownership of a home.

Co-ownership: Are there any tax implications if you sell part of your house to a relative?

A couple is enjoying early retirement due to COVID, as they sit in the warmth of the sun at their cottage. They are cozy in camping chairs, facing a calm pond.

Does it make sense to retire when we’re still in a pandemic?

The COVID-19 pandemic has been life-changing for those over 60, and not just because of the risk of illness....

Does it make sense to retire when we’re still in a pandemic?

A man sits outside near hedges, contemplating transferring his home to his daughter's name

Should you transfer property to a child and then rent it from them?

Satyesh is considering transferring his home to his daughter and then renting it back from her. What are the...

Should you transfer property to a child and then rent it from them?

Advertisement

A woman is sitting in a lawyer's office reading a power of attorney document, and she is wondering what the fees are for a POA in Ontario.

Are fees payable for acting as a power of attorney?

Can you be paid for a role as an attorney for property, in particular, after the position has already...

Are fees payable for acting as a power of attorney?

30 31 32