Can you save on taxes by owning an investment account with your child?
Jointly owning an asset with a child comes with tax and estate implications. Here’s why it may not be...
Capital Gains
How to calculate the adjusted cost base of inherited property
What happens if you inherit a property and have no record of its value at that time? How can...
How to carry back a capital loss for a tax refund
Let’s look at the rules and restrictions around carrying back a capital loss, as well as three things to...
Should you sell investments at a loss to pay off debt?
When paying a high interest rate on debt, does it make sense to sell investments that have fallen before...
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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...
How to file your taxes when you own ETFs
Let’s look at the tax implications of holding ETFs in a tax-free savings account, and the tax differences between...
RRIF withdrawals: What should seniors with million-dollar portfolios do?
Seniors with large retirement accounts face a big tax-deferred liability. Which tax and estate planning strategies might help?
How is passive income taxed in Canada?
Investment income is subject to tax in Canada, including in some tax-sheltered accounts. Find out more about how passive...
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FHSA withdrawal rules and rental property advice for a first-time home buyer
Renting out part of your new home may help cover some costs. But would it still be considered a...