The increase to the capital gains inclusion rate is going ahead—at least for now, says Canada's Finance Department.
The Canada Revenue Agency has yet to offer guidance on how the Liberals’ capital gains tax proposal will be handled.
A tax-free savings account inherited from a spouse is subject to special treatment. Here’s how it may impact the surviving ...
Canada just dropped the criminal interest rate to 35% APR and caps payday loan fees at $14 per $100. Here’s how to secure ...
The Canadian equity market will continue building on its strength from 2024 despite lingering political uncertainties, ...
We think there’s just enough of the election-fuelled “sugar high” in the markets that both the Canadian and American stock ...
A minor child is a person who hasn’t reached the age of majority in the province or territory where they live. Learn more in the MoneySense Glossary. A minor child in Canada is a child under the ...
A Labour Market Impact Assessment (LMIA) is a document that Canadian employers may need before hiring a temporary foreign worker. Learn more. There is a need for a foreign worker for the job in ...
For 2025, income tax brackets are increasing by 2.7% in the new year to prevent higher prices from pushing Canadians into ...
Having an online CRA account makes it easier to manage your income taxes and government benefits at tax time and year-round.