Jan 15, 2025
In 2024, global stocks were up 20%, led by North American equities which were driven by the growth of the seven U.S. mega-cap “tech” stocks. Looking ahead to 2025, we’re cautiously optimistic. For the complete commentary, see A Look Back At 2024, A...
Jan 6, 2025
The TFSA is tax-advantaged and suitable for many types of savings goals. A wide variety of products are available within a TFSA and although contributions are not tax-deductible, investment income earned grows tax free. There are no penalties or tax consequences for...
Jan 6, 2025
Your RRSP contribution headroom grows to $32,490 in 2025 while the ‘inflation adjustment factor’ has plummeted to 2.7% from 4.7% in 2024. For more information, see “New year, new numbers: Changes to the RRSP limit, tax brackets and OAS to watch for...
Dec 18, 2024
Apr 17, 2024
Tax measures proposed in Federal Budget 2024 include increases to the capital gains inclusion rate, the lifetime capital gains exemption and the Home Buyers’ Plan as well as carbon tax rebates for small businesses. There are no changes proposed to the corporate...
