Understanding the Proposed New Mandatory Disclosure Rules
There has been talk about new Mandatory Disclosure Rules since the budget meeting in 2021; however, 2023 might finally be the year these rules go …
Day Trading in a TFSA: Still Under the Tax-Free Shield?
Are you getting into the day trading realm? Day trading has become a popular side hustle for many Canadians, with the average yearly earnings ranking …
Canada Workers Benefit
Do you make under $33,000 per year? If so, you may be entitled to claim the Canada Workers Benefit tax credit. This refundable credit was …
Understanding the Tax-Free First Home Savings Account
Whether you are fresh out of college looking for a place to live or growing your family, you’ve probably noticed that it’s much more difficult …
New Anti-Flipping Rules for Residential Real Estate
The Government of Canada is tightening the rules surrounding the real estate market. New regulations, like a ban on foreign buyers and an additional vacant …
Canada Dental Benefit: Who Qualifies and How to Apply
Do you have children that visit the dentist? Did you know that the Government of Canada now offers tax-free payments to help cover dental costs …
When Should You Apply for Your Pension in Canada?
Canada Pension Plan payments are not automatic, meaning you need to apply to enjoy monthly payments, but when should you apply? Properly timing the application …
Salary vs Dividend: Maximizing Tax Savings
When it comes time to take money out of your business, what’s the most beneficial way? Some business owners choose to set up a set …
Buying vs Leasing A Vehicle For A Business In Canada
Placing a Business Car in Service: Buy or Lease? Placing a car in service in your business provides more than just transportation to and from …
How to Avoid TFSA Overcontributions
Saving for retirement is no easy task, especially with the uncertainty surrounding financial markets and employment. This is why it’s no surprise that over 15 …