How much is capital gains tax in Canada?—and other reader questions answered
Last month’s federal budget introduced changes to capital gains tax in Canada. This has raised many questions about who...
Vacation Homes
Home buyers’ alert: Terms you may not know, but should
Understanding industry jargon can make you a better real estate investor.
Federal Budget 2024: How it will affect Canadians’ finances and taxes
Learn how the federal government’s 2024 budget can affect you and your money.
The tax implications for Canadians selling foreign real estate
How are Canadians taxed on foreign property? Find out if you should report the sale on your tax return...
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Family legacy: How to pass along the family cottage—and 3 things to avoid
Discover key strategies from estate planning lawyer Peter Lillico on preserving your family’s cherished cottage for generations to come.
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...
Can I afford to buy a second home?
A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...
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...
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Making sense of the markets this week: July 10
The worst start for markets since 1962, rate-hike fears, the pending real estate collapse and bank brokerages hide high-interest...