For most people, it makes sense to convert enough of your RRSP to a RRIF and claim the pension tax credit Published Jul 14, 2023 • Last updated 11 hours ago • 4 minute read The pension tax credit is non-refundable, meaning you can’t reduce your income below zero and expect to get a tax refund… Continue reading FP Answers: What are the ins-and-outs of splitting RRIF income with a spouse to get the $2,000 tax credit?
Court backs CRA in rejecting Montreal couple’s $54,000 moving expense claim
Jamie Golombek: Moving closer to work isn’t enough to claim expenses Published Jul 13, 2023 • 5 minute read For eligible individuals, the costs of moving can be significantly defrayed by claiming a tax deduction for your moving expenses, but only if you meet certain conditions. Photo by Getty Images/iStockphoto Summer is a popular time… Continue reading Court backs CRA in rejecting Montreal couple’s $54,000 moving expense claim
More than 1,000 Canadians take CRA to court over CERB payments — and some win
‘The federal government just uses this system to rip people off’ Author of the article: The Canadian Press Darryl Greer Published Jul 12, 2023 • Last updated 2 days ago • 6 minute read Tressa Mitchell at a park near her home in Weyburn, Sask. Photo by Michael Bell/The Canadian Press In late 2021, Tressa Mitchell… Continue reading More than 1,000 Canadians take CRA to court over CERB payments — and some win
Jack Ma’s wealth drops $4.1 billion as Ant’s valuation slashed following China’s tech crackdown
Still country’s fifth-richest person, based on billionaire index Author of the article: Bloomberg News Venus Feng Published Jul 11, 2023 • Last updated 3 days ago • 2 minute read Jack Ma Photo by Marlene Awaad/Bloomberg Jack Ma’s fortune is dwindling further as a planned repurchase of shares reveals a much reduced valuation for Ant Group… Continue reading Jack Ma’s wealth drops $4.1 billion as Ant’s valuation slashed following China’s tech crackdown
SAFE Banking Act Turns 10 With Little Fanfare: This Week in Cannabis Investing
The SAFE Banking Act, a bill designed to allow cannabis businesses to operate legally without fear of punishment by federal regulators, was introduced in 2013. Not a single state had legalized adult-use cannabis 10 years ago. However, a few intelligent members of Congress were able to see the writing on the wall. Those with foresight… Continue reading SAFE Banking Act Turns 10 With Little Fanfare: This Week in Cannabis Investing
Stock Market Today: Stocks Extend Win Streak After Promising Inflation Data
Today’s producer price index (PPI), which measures what businesses are charging suppliers for goods, confirmed what Wednesday’s consumer price index (CPI) did – that inflation continued to ease in June. The data were enough to keep the momentum going in stocks, with all three major indexes closing higher for a fourth straight day. Ahead… Continue reading Stock Market Today: Stocks Extend Win Streak After Promising Inflation Data
BlackRock chief Larry Fink says US debt is ‘out of control’ – but an accelerating economy can solve that problem
The mountain of US debt is growing out of control, BlackRock’s Larry Fink said. The national debt just topped $32 trillion for the first time in June. But GDP growth of 3% or more could solve that problem, Fink told CNBC on Friday. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading BlackRock chief Larry Fink says US debt is ‘out of control’ – but an accelerating economy can solve that problem
JPMorgan’s Jamie Dimon reels off a list of dangers to the US economy – and warns they could inflict serious damage
Jamie Dimon flagged a long list of threats facing the US economy on Friday. He’s worried about consumer spending, inflation, quantitative tightening, fiscal deficits, and war. The JPMorgan CEO said economic conditions are pretty good for now, but that could change. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading JPMorgan’s Jamie Dimon reels off a list of dangers to the US economy – and warns they could inflict serious damage
Recent Post
