There’s a bigger issue behind the new OAS rules than rising life expectancy of Canadians.
With the end of the year only a few weeks away, BMO reminds Canadians not to wait until April to think about their taxes. The end of December marks an important time for many Canadians who are looking to minimize the amount of taxes they pay on their investment income. A BMO Nesbitt Burns study […]
President Obama’s re-election may mean higher taxes for Americans in Canada and Canadians with American property. Why?
This year Canada places 8th overall when it comes to ease of paying taxes for businesses, according to Paying Taxes 2013, a joint study from PwC, the World Bank and the International Finance Corporation (IFC) that looks at tax regimes in 185 economies.
Many hardworking citizens feel the tax system is unfair, but they're luckier than they think.
Canadians only have about a month to take advantage of year-end tax savings. “There are a number of easy ways for Canadians to reduce taxes that they might otherwise owe, but in many cases you need to act before December 31,” says CIBC’s tax and estate planning expert, Jamie Golombek. Read: TFSA contribution limit increased […]
Billionaire Warren Buffett is again calling for higher taxes on the ultra-rich.
The Canada Revenue Agency is increasing its efforts to audit and prosecute promoters of tax evasion schemes.
Leveraging, or borrowing to invest, can be a very effective strategy.
Canadians will be able to save more in their TFSAs starting in 2013