The article “New Investment Approaches For Risk-Averse Canadians” was originally published on MoneySense on April 28, 2021. Old-school investors may find the capital preservation techniques they have relied on in the past won’t work the same in the future. Bonds have long been the solution for investors seeking capital preservation…

The article “Where Do We Pay Income Tax If We Retire Abroad?” was originally published on MoneySense on April 20, 2021. There are tax implications in both countries if Marianna moves to Mexico full-time. Q. We’re thinking about moving to Mexico full-time when we retire. Where would we pay income tax…

The article “How Financially Viable Is Your Rental Property?” was originally published on MoneySense on April 12, 2021. Rental real estate has been a great investment for many Canadians. But how do you assess whether yours is likely to work out? After rising steadily in many cities across Canada for…

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 foot. Weddings can be expensive, but so can many of the…

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 registered retirement income fund (RRIF). Q. My wife will turn…

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 advantageous to use pension income splitting? I have…

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 buy again. Q. Five years after buying…

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 your “capital gains on subdivided land” article—very nice piece. I have…

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 consider at tax time. Whether you do your own…

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 funds are advanced. Q. Is it…

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 retirement. That is a part of it, but financial planning is…

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 TFSA. Q. I saw your blog online; thank you so much…