Making sense of real estate taxes in Canada Real estate has historically kept up with inflation. But I’m not sure if it can keep up with taxation moving forward. I’m all for reasonable taxes. I benefit a lot from government services. But at some point real estate taxes in Canada can start to feel excessive. Someone buying a… Read More »
Next week is Tax Freedom Day! This is the first day of the year in which Canada has earned enough income to pay its taxes. Every payment to the government of all levels that is officially considered a tax is counted. The purpose of having a tax free day is to provide tax paying citizens with a metric with which… Read More »
Simple Tax Saving Tips for Anyone People who work for either the CRA or the IRS often feel stressed out because their jobs are so taxing. ? Everyone has to pay taxes of course, but here are a few easy tax saving tips that you can use to minimize your tax burden. Income-split with your trusting spouse. It’s easy… Read More »
Deciding which accounts to hold different assets in Should you put stocks in your RRSP or TFSA? What about fixed income like bonds? This post will answer these types of asset location questions. Readers should already be somewhat familiar with tax advantaged accounts such as the RRSP, and regular taxable accounts. The importance of asset location Asset allocation… Read More »
All Americans are well aware of what debt is and how it can negatively impact our lives. While the amounts and types may differ, when it comes to resolving debt issues, many opportunities are similar for everyone. However, there are special services and consideration for members who have served in our Armed Forces. According to certain studies, members… Read More »
Looks like a merger is on the menu for Burger King 🙂 It’s currently in talks to merge with Canadian company Tim Hortons and move its headquarters up here to Canada 😀 Tim Hortons is a quick service coffee chain that has a strong Canadian identity. Here’s a drive thru window at a typical Tim Hortons. Last year I blogged… Read More »