But when things are at their lowest, the only place left for them to go is up. Does this apply to cryptocurrencies? Are we due for a turnaround—and could now be an opportunity to...
A net worth statement is a good tracking tool to implement. If you summarize your assets and liabilities on a regular basis, you can monitor your progression. It also helps you visualize your financial...
The survey by the Ontario Securities Commission found that 13% of Canadians currently hold digital assets such as cryptocurrency (think bitcoin or ethereum) or non-fungible tokens (NFTs). While that might seem like a small...
Initially, the BoC refused to acknowledge that inflation was here to stay. It insisted inflation was transitory and promised to keep rates low for several more years. As recently as March 2021, the BoC’s former...
The Ontario surtax is more complex, so the calculation takes a few more steps, which you’ll see in the table below. Provincial Tax Owed Surtax Rates Up to $4,991 0% $4,991 to $6,387 20%...
Should I decide to sell and take the loss, I would repurchase a similar security (sell VGRO and buy XGRO). My understanding is that because these track different indices, it’s kosher with CRA. My...
Cooling inflation leads to red-hot day for the markets Part of being neighbours with the most powerful country in the world is that sometimes their news tends to get reported with a louder megaphone...
Get your T4, T4A and T4E forms together As part of your tax filing prep, you’ll need to get your T4, T4A and/or T4E forms in order. These government documents will help to determine...
Because of a dedicated community of developers and supporters, ADA is regularly among the top 10 cryptocurrencies by market capitalization; as of November 2022, it’s the eighth-largest, with a market cap of nearly USD$12.8...
As well, ADA and ether have different monetary policies. ADA’s maximum supply is set at 45 billion, of which 34 billion coins are currently in circulation, as of Nov. 9, 2022, according to CoinMarketCap.com....
