It has been rough out there for first-time homebuyers. First they have to put together a down payment of at least 3% of a home’s sale price. That comes in at $11,760 of the $392,000 national average sales price of a home in America. Once they have secured funding, they then have to lock in… Continue reading Is Now a Good Time to Buy a House? (April 2022)
Is There a Dividend Tax? Your Guide to Taxes on Dividends
For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Companies can financially reward their investors by paying shareholders dividends. Certain dividend income may receive special tax treatment under the current tax code. This could potentially allow you… Continue reading Is There a Dividend Tax? Your Guide to Taxes on Dividends
U.S. Senator Joe Manchin’s visit to Alberta cheers Jason Kenney’s government
Manchin’s junket comes as the U.S. scrambles to find ways to ease an oil market supply crisis U.S. Senator Joe Manchin (D-WV) at the U.S. Capitol in Washington. Photo by REUTERS/Jonathan Ernst/File Photo The mood among Alberta government officials this week bordered on cheerful as they played host to Joe Manchin, the Democratic senator from… Continue reading U.S. Senator Joe Manchin’s visit to Alberta cheers Jason Kenney’s government
‘Nowhere to hide’ for investors in market turbulence
‘Conventional portfolios are in big trouble’ Author of the article: Financial Times Harriet Agnew and Chris Flood in London A trader works on the trading floor at the New York Stock Exchange. Photo by REUTERS/Andrew Kelly files Fund managers have been tripped up by global stocks and bonds falling in tandem in the first quarter.… Continue reading ‘Nowhere to hide’ for investors in market turbulence
Lying low may not be the best course of action when it comes to temporary spousal support claims
Spousal support order — made a decade after separation — gives new meaning to the phrase ‘a diamond is forever’ Spousal support is one of the most discretionary areas of family law. Photo by Getty Images/iStockphoto Spousal support is one of the most discretionary areas of family law. The issue can become even more complex… Continue reading Lying low may not be the best course of action when it comes to temporary spousal support claims
‘Important for Canada to react’: Finance Minister Chrystia Freeland defends increased defence spending
Canada’s military spending is now set to double between 2016 and 2026 Publishing date: Apr 12, 2022 • 13 hours ago • 2 minute read • 17 Comments Finance Minister Chrystia Freeland. Photo by Galit Rodan/Bloomberg Finance Minister Chrystia Freeland defended the steep increase in defence spending outlined in the 2022 federal budget, citing the war… Continue reading ‘Important for Canada to react’: Finance Minister Chrystia Freeland defends increased defence spending
How to dispute a tax decision
Objecting to the CRA can be expensive — here’s how to decide if it’s worth it Author of the article: Inside Creative House/Shutterstock The single biggest tax mistake David Rotfleisch sees Canadians make is waiting too long to object to a Canada Revenue Agency (CRA) assessment. Advertisement 2 This advertisement has not loaded yet, but… Continue reading How to dispute a tax decision
Stock Market Today: Stocks Rally, Then Retreat, Amid 40-Year-High CPI | Kiplinger
Today’s much-awaited March inflation figures showed prices rocketing at their quickest pace in more than four decades. And yet, the report appeared poised to drive stocks higher … right up until it didn’t. The Labor Department said Tuesday that March’s consumer price index (CPI) rose 8.5% year-over-year – the fastest such rate since December 2021… Continue reading Stock Market Today: Stocks Rally, Then Retreat, Amid 40-Year-High CPI | Kiplinger