‘How is this a liquidation sale when everything is only 5 per cent off,’ tweets disgruntled shopper Published Mar 24, 2023 • Last updated 2 days ago • 4 minute read Most of the merchandise in the Nordstrom Canada liquidation sales was only discounted by 5 per cent, disappointing bargain hunters. Photo by Financial Post Nordstrom… Continue reading Skinny deals at Nordstrom Canada’s liquidation sales disappoint shoppers, but industry experts not surprised
FP Answers: What are the next steps for saving and investing after paying off student debt?
To start, clarify your goals so you can determine what to do with your money, financial planner suggests Published Mar 24, 2023 • Last updated 1 day ago • 4 minute read Savings are important for short-term goals, but for longer-term goals and future use, you want to make your money work for you. Photo by… Continue reading FP Answers: What are the next steps for saving and investing after paying off student debt?
3 reasons why it’s worth filing your tax return even if you don’t owe any money
Chances are you’ll get a refund Published Mar 24, 2023 • Last updated 1 day ago • 4 minute read You’ll miss out on benefits and credits if you don’t file an income tax return. Photo by SunMedia files There are those who file their income taxes as soon as possible, and those who avoid it… Continue reading 3 reasons why it’s worth filing your tax return even if you don’t owe any money
Ontario deficit forecast plunges to $2.2 billion from near-$20 billion as budget unveiled
Government reconfirms commitment to Ring of Fire, also aims to bolster economic growth with tax credits for manufacturers Published Mar 23, 2023 • Last updated 2 days ago • 3 minute read Premier Doug Ford’s government is now projecting a deficit of $2.2 billion in fiscal 2022-2023, down dramatically from Budget 2022’s expected near-$20 billion deficit.… Continue reading Ontario deficit forecast plunges to $2.2 billion from near-$20 billion as budget unveiled
David Rosenberg: Brace yourself, the Fed is signalling that a three-quarter recession will start in two weeks
Not just that, Jerome Powell’s preferred curve is saying the central bank will cut rates this year Published Mar 23, 2023 • Last updated 2 days ago • 5 minute read Federal Reserve Board Chair Jerome Powell answers questions at the news conference after the March 22 meeting. Photo by REUTERS/Leah Millis Stocks whipsawed in the… Continue reading David Rosenberg: Brace yourself, the Fed is signalling that a three-quarter recession will start in two weeks
5 burning questions investors have right now including the safety of their deposits
Are your Canadian bank deposits and brokerage accounts safe? Published Mar 23, 2023 • Last updated 2 days ago • 4 minute read Bank buildings in Toronto’s financial district. Photo by TIJANA MARTIN/THE CANADIAN PRESS FILES We here at 5i Research have answered more than 155,000 questions from investors over the past decade. Once every 18… Continue reading 5 burning questions investors have right now including the safety of their deposits
Taxpayer takes CRA to court after it dings him for RRSP overcontribution tax due to a bank error
Jamie Golombek: Errant Home Buyers’ Plan payment led to case where judge called CRA ‘lacking in logic and transparency’ Published Mar 23, 2023 • Last updated 14 hours ago • 5 minute read When accepting a Home Buyers’ Plan payment for the one spouses’s RRSP, the bank erred and placed the payment in the spousal RRSP… Continue reading Taxpayer takes CRA to court after it dings him for RRSP overcontribution tax due to a bank error
Toy salesman beats CRA in tax court appeal after being reassessed for $1.2 million
Audit initiated based on findings of Panama Papers Published Mar 22, 2023 • Last updated 15 hours ago • 3 minute read The Canada Revenue Agency initiated an audit of David Goldhar’s returns for 2006 to 2013 in response to findings of the Panama Papers, published by the International Consortium of Investigative Journalists. Photo by Adrian… Continue reading Toy salesman beats CRA in tax court appeal after being reassessed for $1.2 million
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