Category: Personal Finance

Dec 13

Opinion: CRA loss in former Blue Jays tax case a win for Canadian sport fans

Breadcrumb Trail Links Legal Post Personal Finance Taxes Ruling will help avoid discouraging athletes from wanting to play in Canada Published Dec 13, 2024  •  Last updated 9 minutes ago  •  4 minute read The Tax Court of Canada recently sided with former Toronto Blue Jays players Russell Martin and Josh Donaldson, saying an RCA deduction […]
Jul 26

3 reasons why it’s not worth waiting to deal with debt

Breadcrumb Trail Links Personal Finance Debt Sandra Fry: Taking proactive steps to manage your debt will ultimately prove valuable for your long-term financial stability and overall well-being Published Jul 26, 2024  •  Last updated 48 minutes ago  •  4 minute read Credit use in Canada is at an all-time high. Photo by Nuttawan Jayawan/Getty Images/iStockphoto Reviews […]
Apr 17

Jamie Golombek: How the federal budget 2024 will affect your pocketbook

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Mar 23

Looking for a safer retirement income stream? Consider annuities

Breadcrumb Trail Links Retirement Personal Finance Investor Recent rise in interest rates has made it worthwhile to give annuities a second glance Published Mar 23, 2024  •  Last updated 8 hours ago  •  4 minute read The resurgence of annuities has sparked renewed interest among people seeking financial security in their retirement years. Photo by Getty […]
Feb 24

Canada suffers near 40% increase in suspected digital fraud attempts

Article content Suspected digital fraud attempts in Canada shot up almost 40 per cent in 2023, the third-highest increase among 19 countries, a TransUnion study says. New data analysis from the credit reporting agency found that “five per cent of all digital transactions originating from Canada were suspected to be fraudulent.” Article content Sixty per […]
Feb 24

The power of individual pension plans compared to RRSPs

Breadcrumb Trail Links Retirement Personal Finance Individual pension plans offer a robust alternative to RRSPs for entrepreneurs and incorporated business owners. Photo by Getty Images Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content By Colleen O’Connell-Campbell Individual […]
Feb 11

The RRSP contribution deadline is almost here and it offers this group a critical opportunity

Breadcrumb Trail Links Small Business Personal Finance Entrepreneur Here’s how small business owners can make the most of RRSPs, both now and in future years Feb. 29 is an important deadline for business owners with sole proprietor income or incorporated T4 income. Photo by Getty Images/iStockphoto Reviews and recommendations are unbiased and products are independently […]
Feb 5

Retirement math you need to know, from how long you’ll live to deferring CPP

Breadcrumb Trail Links Retirement Personal Finance Jason Heath: Go beyond how much you need to save with this surprising math Rules of thumb may be helpful as a starting point, but planning for and funding your own retirement should be based on data that you can relate to your own situation. Photo by Getty Images/iStockphoto […]
Dec 15

FP Answers: How do I figure out my combined marginal tax rate so I can make good financial decisions?

Breadcrumb Trail Links Taxes Personal Finance Investor Marginal tax rate is important to know because it is the tax rate you can expect to save on your first dollar of deductions Your marginal tax rate is how much tax you pay on your next dollar of income. Photo by Getty Images/iStockphoto Reviews and recommendations are […]