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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...

How is passive income taxed in Canada?

Investing

Borrowing money to invest

Should you open a margin account with your broker, or opt for an RRSP loan? Read about the potential...

Borrowing money to invest
A woman at home, sitting on the floor in her living room, wondering if she should pay off her mortgage or invest in RRSPs.

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Contribute to RRSP or pay off mortgage?

Does it make sense to put some extra cash into an RRSP or use it to help pay off...

Contribute to RRSP or pay off mortgage?
Daughter writes in asking about how to avoid probate in Canada for her mother's estate

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How to avoid probate fees in Canada

Avoiding probate fees in Canada involves implementing strategies such as using beneficiary designations, joint ownership, and establishing trusts to...

How to avoid probate fees in Canada

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10 simple ways to save money

As life in Canada becomes more expensive, it’s important to have a savings strategy. Here are 10 steps you...

10 simple ways to save money
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4 strategies for income splitting with a lower-income spouse

If one spouse does not work, is it beneficial for the other to invest and buy stocks in their...

4 strategies for income splitting with a lower-income spouse
A woman meets with her accountant and high fives as she files her 2022 income tax return for Canada, showing that she accurately filed on deadline, with tax claims that suited her.

Taxes

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more

2022 Income Tax Guide for Canadians: Deadlines, tax tips and more
A couple in their 70s embrace

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What do to with a spousal RRSP at age 71

Converting the account to a spousal RRIF is a common option, but be aware of the income attribution rules.

What do to with a spousal RRSP at age 71

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Are your deposits at Canadian financial institutions safe?

The failure of Silicon Valley Bank has highlighted risks in the U.S. banking system. Should Canadians with large deposits...

Are your deposits at Canadian financial institutions safe?

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