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You have probably grown tired of hearing how you should be saving for your senior years, and maybe you have played it smart and taken out some RRSPs (registered retirement savings plan). You are still young and have a long future ahead of you in the meantime. Lots of decisions to be made…
If you bought a home in 2014 then chances are you had a whole lot of additional expenses aside from the actual purchase of the property itself. There were probably closing costs, real estate fees and maybe even moving expenses. These all add up, but with the excitement of buying a home the…
There are so many things to think about in life when it comes to finances. We know that we all have to pay taxes and for the most part we are just glad to get it over and done with each year. Many times we just give some fleeting thoughts as to what…
There are a lot of people who consider themselves the average tax payer, that have the luxury of filing just a basic tax return. At the same time several of these individuals own property outside of Canada, as a second home perhaps, or maybe as an investment to help pad their nest egg when…
In part one of this post we broke down how your tax dollars are spent to give you a better understanding of just what you are contributing to. It makes it a little easier when you have to dole out money for taxes to at least know how it is being spent. The fiscal year…
It’s tax time again, and it’s probably the time where you give some fleeting thought as to where is all this money going that you dole out in taxes throughout the year? The fiscal year for Canada ended on March 31, 2014. So on April 1st we begin the new fiscal year for 2015. For…
As a Canadian naturally you want to be proud of your country. You are generally interested in anything that is going to affect it in either a positive or negative way. Then if it something that is going to affect your province perhaps your interest raises a little higher. Now, if it’s directly affecting your…
For couples that have recently separated it takes a while before the dust settles and both parties go about their own business. Then tax time arrives and who gets to claim what starts upsetting what was becoming an amicable agreement. One of the big issues is money that may have been made to the…
