These deposits are the first round of climate action incentive payments, also called carbon tax rebates, made to residents of Alberta, Saskatchewan, Manitoba and Ontario. This money replaces the climate action incentive credit you...
People who use government programs for first-time home buyers probably won’t need them more than once in their lifetime. However, under certain circumstances, it is possible to qualify as a first-time home buyer again....
Selling part of a home to family—any tax issues to know about? When a home is a primary residence, its sale does not trigger a taxable event under the Canada’s Revenue Agency’s (CRA) principal...
How much is withholding tax on U.S. dividends? I am going to provide a brief summary of U.S. withholding tax on investments, Wanda, before addressing Enterprise Products Partners (EPD) specifically. First, U.S. stocks are...
Governments have warned that COVID continues to pose a threat, especially for those over 60—an age when many Canadians at least start contemplating retirement. As a result, some older workers who commute to corporate...
Tax credits when renting property from a family member There is a lot to unpack with your question, Satyesh, but I will address your direct question right off the bat. If you rent real...
Watch: MoneySense – Investing in Cryptocurrency Are there really no commission fees? Yes, really! It can’t be overstated how key this is to Wealthsimple’s success. Many of its competitors charge a flat rate of...
The fee scale is currently: 3% of capital and income receipts 3% of capital and income disbursements 0.6% of the annual average value of the assets These amounts are not guaranteed, however, and they...
And he says, “Hey, I’m down on my luck.” And I go, “I see that.” And then he says, “Wait a minute, are you Russell Peters?” And I’m like, “Wait, how do you know...
Land Transfer Tax Calculator Buying a home is an exciting process with many unexpected costs. Beyond your down payment, you’ll also be responsible for paying legal fees, appraisal costs, title transfer costs and taxes...