Canadian-owned U.S. properties can be a great investment, as the American market experiences an uptick. But, there are tax rules you should know about – especially if you rent your unit or plan to see. Gordon Powers breaks it down.
7 in 10 Canadians have an unplanned retirement, according to SunLife Financial. Are you prepared to leave the workforce early?
Are you ready for the RRSP rush? Here’s everything you need to know before the contribution deadline.
Should I pay off my mortgage or contribute to my RRSP? How can I access my funds with minimum taxation? Is it a good year to put money towards retirement? Read on for answers to your top RRSP questions.
Looking to grow your rrsp savings at a faster pace? These three strategies can give your retirement fund a big boost.
Is it a good idea to use RSPs to buy a home? The Home Buyers’ Plan can help you get your downpayment together, faster. MoneyWise writer Rubina shares her experience tapping into the plan.
Setting up an RSP, especially when in your 20s, can be a confusing undertaking. One new investor shares how she got started saving for her retirement.
Are you at the stage where you need to turn your RSP into income for retirement? It can be a confusing time, and require some savvy tax strategy. Here’s what one retiree did to maximize her money.
With a federal election and balanced national budget looming, the spotlight is once again the on the possibility of income splitting, a tax measure designed to benefit families with kids under the age of 18. However, a new study finds income splitting will be costly to the provinces – a $1.7-billion annual price tag, to be exact.
Thinking of working with a financial advisor? It’s important to find the right pro for your needs and goals. Check out this week’s Money Wise guide on finding the right advisor, working with them to determine your investing strategy, and how to assess if the relationship is really working.