Tag ca

Tax Treatments – Gifts and Inheritance in Canada

A tax is usually charged when there is a transfer of assets in a province or territory of Canada. This includes gifts, inheritances, bequeathing and others. Usually there is no additional inheritance tax charged on the beneficiaries; instead the estate…

Best RRSP Investments for Canadians

The Best RRSP Investments for Canadians is something that most investors may have a hard time finding information on. This is one of the most important considerations that one needs to make if they are going to be investing in…

What Is CDIC Insurance?

What is CDIC and how does it work? “CDIC” stands for the “cost effective competitive” insurance strategy adopted by a number of Canadian insurance companies. As of this writing, this group has about 30 companies and plans to expand in…

What Is A Home Equity Line Of Credit?

Home equity loans are popular for many reasons. For starters, they are convenient and hassle free. For people who have good credit, they can get approval within seconds. They are a quick means of getting the cash that one needs.…

RSP Vs RTRP – Which Has More Tax Advantages?

What is the main difference between RSP Vs RRSP? As you might already know, RSP is an acronym that stands for Retirement Savings Account. However, when we refer to RSP, we are talking about a specific type of financial product…

What is CMHC Mortgage Insurance?

What is CMHC Mortgage Insurance? CMHC stands for Canadian Mortgage and Housing Corporation, this is a Crown Corporation run by the Federal Government that was created to help people get a house in Canada with little or no down payment…

Pet Insurance in Canada

Getting pet insurance in Canada is easy, and you can save money with a little comparison shopping. Before you purchase any type of insurance for your four legged friend, you should first know what coverage options are available to you.…

The Best Free Tax Software Options For Canadians

The Best Free Tax Software Options for Canadians is those which offer you an easy and pleasant experience when preparing your yearly tax return. The tax season comes upon us quickly each year. It is important to file your return…