a calculator, pen and books on a Canadian tax return

Everything You Always Wanted To Know About Canadian Taxes

Canadian tax season can be a confusing and overwhelming time for many individuals. There are numerous rules and regulations to follow. Whether you are a seasoned tax filer or a newcomer to the process, it is important to stay informed about the various credits, deductions, and exemptions that may be available to you. To help…

ByJohn WilsonJanuary 9, 2023

first time home buyer holding a picture of their home

Investing Real Estate

What is the first-time home buyer down payment in Canada?

Are you thinking about buying your first home in Canada? Congratulations! Owning a home is a big step and an exciting journey. One of the first things you'll need to consider is how much is the first-time home buyer down payment in Canada. The down payment is the amount of money you'll need to put…

ByJohn WilsonJanuary 8, 2023

a senior person on a bike enjoying retirement in Canada

Personal Finance Saving

Can I Retire At 60 Years Old With $500k In Canada?

As Canadians, we all dream of the day we can finally kick back and enjoy the fruits of our labor. For many of us, that dream involves retiring at 60 with a comfortable nest egg to help us through our golden years. But is it possible to retire at 60 with just $500,000 in Canada?…

ByJohn WilsonJanuary 7, 2023

elderly retired couple sitting on a bench in a park

Resources

What Is The RRSP Contribution Limit For The 2022 Tax Year?

The RRSP Contribution Limit for the 2022 fiscal year is $29,210 or 18% of your salary. Are you a Canadian looking to maximize your retirement savings? If so, you may be wondering about the RRSP (Registered Retirement Savings Plan) limit – that is, the maximum amount you can contribute to your RRSP each year. With…

ByJohn WilsonJanuary 6, 2023

a tenant signing a lease and getting the keys

Investing Real Estate

How To Credit Check A Tenant In Canada In 7 Steps

As a landlord in Canada, it's important to thoroughly credit check your potential tenants before signing a lease agreement. Not only is it a good way to ensure you're getting reliable and responsible renters, but it can also help protect your property and finances. A credit check is a small price to pay for the…

ByJohn WilsonJanuary 6, 2023

Personal Finance

10 Jobs You Can Do From Home In Canada

As the COVID-19 pandemic continues to sweep across the globe, many people are seeking employment options that allow them to work from home. And who could blame them? Working from home offers a host of benefits, including the ability to set your own schedule, save on commuting costs and office attire, and the freedom to…

ByJohn WilsonJanuary 5, 2023

Investing Real Estate

The Cost Of Breaking A Mortgage

Breaking a mortgage contract early can come with significant costs. The exact amount can vary depending on a variety of factors. If you're a homeowner in Canada considering breaking your mortgage contract before it's up, it's important to understand the potential consequences. Aim to minimize the costs as much as possible. In this blog post,…

ByJohn WilsonJanuary 5, 2023

toy house on a calculator on a table, representing the important of budgeting

Budgeting Personal Finance

Why Is It Important To Budget?

Budgeting. It's not the most exciting topic in the world, but it's definitely an important one. Whether you're a student, a working professional, or a retiree, budgeting is crucial for ensuring that you have the financial stability and security to live the life you want. But why do you need to budget, exactly? Here are…

ByJohn WilsonJanuary 4, 2023

Personal Finance

Does Checking Your Credit Lower It?

As Canadians, we value financial responsibility. We pay bills on time, save for the future, and try to maintain a good credit score. But have you ever wondered what goes into determining your credit score? And more importantly, does checking your credit lower it? First, let's define "checking your credit." When you apply for a…

ByJohn WilsonJanuary 4, 2023

person inputing numbers on a calculator for their taxes

Resources

Capital Gains Tax Rates In Canada, Provincial & Federal For 2023

Table of Contents What Are The Actual Tax Rates For Capital Gains In Canada Federal Capital Gains Table For 2023 Combined Alberta Capital Gains Table For 2023 Combined British Columbia Capital Gains Table For 2023 Combined Manitoba Capital Gains Table For 2023 Combined New Brunswick Capital Gains Table For 2023 Combined Newfoundland Capital Gains Table…

ByJohn WilsonJanuary 3, 2023