There are many great accountants on Vancouver Island — it is worth the time to find the right fit for you. Here are some ...

Cash gifts to adult children generally have no tax impact on neither the parent nor the child. Only gifts of assets with ...

Rona Birenbaum, a certified financial planner and founder of Toronto-based Caring for Clients, says part-time income could result in a clawback or loss of GIS or OAS benefits ...

The steady decline of defined-benefit (DB) pension plans has led to the creation of new pension models aimed at helping ...

Building a sizeable retirement pool is important, but it is equally important to protect it from the CRA’s tax claws. The ...

Understanding the tax implications of your investments can significantly impact your financial planning and overall returns ...

Some of the bigger benefits include the spousal tax credit, pension splitting and contributing to your partner’s RRSP.

It is important to consider the tax implications while planning your investments ... first home in a Registered Retirement Savings Plan (RRSP), consider switching to the First Home Savings Account ...

Differences between a Spousal RRSP and an Individual RRSP The main difference lies in the tax implications and contribution considerations. Contributions to a Spousal RRSP are made by the higher ...

The study found that 53 percent of Canadians have not discussed inheritance with family members, and 52 percent have not ...