Canadian Investment Advice and Financial News
Will they or won’t they? Rumours continue to swirl that the Liberals plan to raise taxes by cutting back on the break Canadians get from capital gains — even though they’ve never campaigned on the issue. That concern could lead to some panic selling of assets as people try to avoid a deadline for something that […]
Many investors I spoke to at a three-day investment conference last week extolled the virtues of the dividend stocks they owned. These investors loved how dividend-paying companies seem to just to keep going up, and the dividend money just keeps rolling in. “It almost seems like a scam,” one investor told me. “I do nothing, […]
As I mentioned in the Old Age Security (OAS) clawback article, a reader requested an explanation of the various seniors benefits in Canada. While I’ve explained some income sources (oas and gis), lets get into a couple popular tax credits. Age Amount Tax Credit This tax credit, as the name suggest, is for seniors age […]