Retirement Made Easy Canada's Retirement Planning Blog
My internet contract recently expired, causing the price of my internet to jump from $60/mo to >$100/mo. I called my ISP and asked what could be done about the higher price. I typically get...
Essentially, a beneficiary may be on the hook for the tax payable if there is not enough money left in the estate. This could apply if a RRSP or RRIF is the primary or...
In our 12-part video series, Money Matters, we interviewed the top voices in Canadian personal finance about money issues that affect all Canadians. For our tenth video of the series, we asked: How do...
Air Canada has agreed to pay $4.5 million US to the U.S. Department of Transportation for extreme delays in providing refunds to thousands of consumers who had their flights to or from the U.S. either...
I see a lot of questions here about buying homes, so I figured I would make a list of all the costs of owning a home to help first time home-buyers with budgeting. Some...
Thanks to vaccinations against COVID-19 and the easing of some public health restrictions, Canadians are going to be seeing a lot more of Santa in 2021 than they did last year. But there’s a...
Hello If someone is a corporate employee and 100% of their current income is taxed at the source, is there any legitimate way for that person to lower taxes after RRSP's are maxed? I...
To calculate your total debt service ratio: Add up your housing costs (mortgage payments, property taxes, heating and, if applicable, half of your condo fees). Also include any other debt obligations, such credit card...
Last year, as COVID-19 lockdowns forced many Canadians to work from home, taxpayers naturally wondered what employment-related expenses they might be allowed to write off. There were questions about claiming masks, office furniture, the...
Why is getting motivated to do taxes so hard? It’s true—despite knowing we can avoid this stress by getting started earlier in the year, the majority of Canucks procrastinate hard on their tax returns....
