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...
Taxes
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?...
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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....
Can seniors claim home renos on a tax return? If so, which ones?
Canadian seniors may be eligible for a tax credit on safety-related home renovations. Let’s look at the credits available...
How is a non-registered account taxed upon death?
Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains...
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Moving money from RRSPs, RRIFs and TFSAs in retirement
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution...