The basics: U.S. estate tax for non-residents The U.S. imposes estate taxes on the worldwide estates of its citizens and residents. However, as a Canadian with no U.S. assets, you might initially assume that U.S. estate taxes do not apply to you. The...
In my opinion, the best thing about the evolution of the investment industry is a (slight) increase in transparency. There is a long way to go, and consumers are still disadvantaged in a lot of ways, but we are making progress. I am...
The proposed tax change was subsequently separated from the budget implementation bill, with the Liberals introducing a ways and means motion to increase the capital gains inclusion rate as originally set out in the budget. The motion was approved in the House...
powered by Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over...
powered by Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over...
What to know about car insurance quotes By Sandra MacGregor on June 21, 2024Estimated reading time: 7 minutes Like everything else these days, the cost of car insurance is steadily increasing. Combine that with the high cost of gas and it’s clear why getting the best...
We’re building more houses—and prices are down! On Monday, the Canada Mortgage and Housing Corporation announced housing starts rose from 241,111 units in April to 264,506 units in May: good for a 10% increase. The pace was highest in Montreal, where starts were...
The best instant approval credit cards in Canada by category By Keph Senett on June 21, 2024Estimated reading time: 12 minutes If you’re applying for a credit card, chances are you want it as soon as possible. Typically, though, credit card applicants must wait several days...
Types of investing accounts In Canada, there are two types of investment accounts: registered and non-registered. Registered accounts are filed with the Canada Revenue Agency (CRA), the governmental body responsible for overseeing the country’s tax regulations. Investments made within registered accounts benefit from...
The summary details the discussions between governor Tiff Macklem and his deputies in the lead-up to the June 5 rate announcement at which the central bank lowered its key rate. “While they recognized the risk that progress could stall—as it had in the...