CRA’s New Rules What They Mean for Short-Term Rental Income Deductions
If you rent out residential properties for periods of less than 90 consecutive days, changes coming in 2024 will impact your ability to claim income […]
Finance
Widow Wins Court Battle to Keep $100K from Late Husband’s RRSP
An Alberta widow, Marlene Enns, has triumphed in a pivotal court case against the Canada Revenue Agency (CRA), securing the right to keep the retirement […]
$2,902.34 Monthly Income OAS Benefits for Senior Couples in Canada
As Canadian seniors navigate retirement, understanding the financial support available through the Old Age Security (OAS) program becomes essential. If you and your spouse rely […]
Top Tax Incentives for Canadian Students to Maximize in 2025
Canadian students face a variety of expenses, from tuition to housing and food, making financial management a critical part of student life. Fortunately, the Canada […]
Canadian Dollar Faces Wild Fluctuations What’s Driving the Volatility?
The U.S. dollar has made a strong comeback against most major currencies, including the Canadian dollar, following a significant decline of 1.2% — the largest […]
Top 5 Must-Know Canadian GST/HST Cases of 2024
The beginning of a new year provides an opportunity to reflect on key developments from the previous year. In 2024, several significant GST/HST rulings were […]
Canadian Headline CPI Falls Short of Expectations in December
Canada’s inflation rate saw a slight decline in December 2024, according to Statistics Canada. The Consumer Price Index (CPI), which measures changes in the cost […]
January Old Age Security Payments Here’s What You Could Receive
January is already more than halfway over, and that means seniors across Canada can expect their first government benefit payments of the year soon. Among […]
Boost Your 2025 CCB Payments by Up to $300 If You Live in These Provinces
Hey parents! Did you know you could get more out of your Canada Child Benefit (CCB)? Beyond the federal payments, you may qualify for extra […]
USD/CAD Edges Higher on Modest USD Strength but Struggles to Break Past Mid-1.4300s
The US Dollar (USD) has recently gained traction, moving away from its two-week low retested earlier this week. This upward movement can be attributed to […]