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

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

2 hands holding a tape measurer on a black background

Investing Real Estate

How To Measure The Square Footage Of Your Home In 4 Steps

Are you considering renovating your current home and need to know exactly how much space you have to work with. Or are you refinancing your mortgage and you need to know how big your house is? Whatever the reason, knowing how to accurately measure the square footage of your house is an important skill to…

ByJohn WilsonJanuary 3, 2023

a credit card used for e-commerce on a laptop

Personal Finance

What Is A Good Credit Score In Canada And How To Improve It

If you're a Canadian looking to borrow money or make a major purchase, you've probably heard the term "credit score" thrown around a lot. But what is a good credit score, and why is it so important? First, let's define what a credit score is. Simply put, a credit score is a numerical representation of…

ByJohn WilsonJanuary 2, 2023

a stack of credit cards in multiple colors

Personal Finance

Credit Checks Explained

As a Canadian, you're probably familiar with the concept of a credit check. But if you're not entirely sure what it is, or how it can impact your financial decisions, then you've come to the right place! A credit check is essentially a review of your credit history. This is a record of how you've…

ByJohn WilsonJanuary 2, 2023

Financial News Real Estate

The Prohibition on the Purchase of Residential Property by Non-Canadians Act Now In Effect

The Government of Canada has implemented a new law to help make homes more affordable for Canadians. The Prohibition on the Purchase of Residential Property by Non-Canadians Act was put in effect on January 1, 2023, and will prevent non-Canadians and corporations controlled by non-Canadians from purchasing residential property in Canada for a period of…

ByJohn WilsonJanuary 1, 2023

Banking Personal Finance

5 Things To Know About The Canadian $5 Bill

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 WilsonDecember 31, 2022

Resources

What Is A T1 General Form

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 WilsonDecember 29, 2022

Important Dates Resources

Canada Child Care Benefit (CCB)

The Canada Child Care Benefit (CCB), is a tax-free monthly payment made to eligible families. It helps with the costs of child care. The CCB may be paid for children aged 0-15. For children with disabilities, it is paid up to age 17. For 2023, the payment increased by 1.66%. Families can receive up to…

ByJohn WilsonDecember 29, 2022