As the deadline for registered retirement savings plan contributions approaches, one tax expert says it is possible for Canadians to have too much of their savings in a RRSP.
With the spring break travel season approaching, those looking to flee the cold, wet Canadian snow for sunnier skies will likely be met with a hefty price tag for their getaway, with inflation and increased demand pushing costs up.When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On
News.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts are interpreting it and what it could mean for consumers.The federal government's latest TFSA contribution limit increase took effect as of January 1, 2023.
News.ca looks at some of the skills that will be most in-demand in 2023.
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It's possible to have 'too much' in your RRSP: Tax expert - BNN BloombergAs the deadline for registered retirement savings plan contributions approaches, one tax expert said it is possible for Canadians to have too much of their savings in a RRSP.
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It's possible to have 'too much' in your RRSP: Tax expert - BNN BloombergAs the deadline for registered retirement savings plan contributions approaches, one tax expert said it is possible for Canadians to have too much of their savings in a RRSP.
Read more »
A kinder, gentler way to compare your TFSA, RRSP and cash savingsRob Carrick and The Globe and Mail personal finance team are working on a kinder way to benchmark your finances
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Doug Ford says there’s ‘pressure’ from Canadians to get a health-care funding dealVowing to work collaboratively with Prime Minister Justin Trudeau and the other premiers next week on a new health funding accord, Doug Ford says Canadians are demanding action.
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Coronavirus Update: Blood donations suggest 73 per cent of Canadians have had COVID-19Feb. 1: Tests for COVID-19 antibodies in donated blood indicate that only around 60 per cent of seniors have contracted the virus, compared to 88 per cent of those between 17 and 24 years of age
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Canadians who are angry about airlines are finding the Liberals have a case of ‘bureaucratic governmentitis’The Canadian Transportation Agency has an 18-month backlog of complaints, and about 18 per cent of complaints get withdrawn before the agency ever touches them
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