The article “Marriage Or Mortgage: Which Is The Better Investment?” was originally posted on MoneySense on March 29, 2021. Couples are sometimes torn between making their wedding a big celebration and starting their financial life together on the right...
The article “Maximizing Spousal RRSP Contributions In Your 70s” was originally published on MoneySense on March 22, 2021. Don wants to know exactly when is the cutoff for contributions in his wife’s case, and when to convert the savings to a...
The article “Should You Always Split Your Pension Income?” was originally published on MoneySense on March 15, 2021. Narayan wants to know the best ways to save income tax, given the disparity between his income and his wife’s. Q. Is it always...
The article “How To Invest Down Payment Funds While Timing The Real Estate Market” was originally published on MoneySense on March 8, 2021. Liz sold her home in anticipation of becoming an empty nester, but prices keep rising while she rents and waits to...
The article “These Tax Changes Could Open Up More Options For Real Estate Investors, Homeowners And Renters Of All Ages” was originally published in Financial Post on March 2, 2021. Tax incentives may be more effective than disincentives to benefit the...
The article “Tax Implications Of Building A Laneway Suite” was originally published on MoneySense on March 1, 2021. Any time a homeowner becomes a landlord, there may be GST/HST and income tax owing—and the amounts can be quite large. Q. I read...
The article “You May Be Able To Claim These Commonly Overlooked Medical Expenses On Your Tax Return” was originally published on MoneySense on February 23, 2021. Several medical expenses are eligible for a tax credit. Here are a few Canadians should...
The article “How Do Mortgage Brokers Get Paid?” was originally published on MoneySense on February 27, 2021. Adil is about to close on a home purchase and is surprised that his mortgage broker is asking for a cash payment for the broker fee before the...
The article “Financial Planning In Your 70s” was originally published on MoneySense on February 9, 2021. Be mindful of these money concerns, even after retirement. When most people think about financial planning, they think about saving and investing for...
The article “When Are Tax-Deferred And Tax-Free Accounts Actually Taxable?” was originally published on MoneySense on February 2, 2021. A new investor, Tawheeda is looking for clarification on the tax payable on U.S. and Canadian stocks in her RRSP and...
The article “Life Expectancy Is One Of The Great Unknowns In Retirement Planning, But These Strategies Cover You No Matter What” was originally published on Financial Post on January 27, 2021. Here are some strategies for both a long and short retirement...
The article “What To Consider If You Still Have RRSP Contribution Room” was originally published on MoneySense on January 25, 2021. With just weeks left before the contribution deadline, a Certified Financial Planner rounds up key facts and common RRSP...
