Just as the daily case numbers from the COVID-19 outbreak are starting to show a glimmer of hope in parts of the country, are we about to be hit by a tsunami of mental health traumas? Canadians are clearly feeling emotionally stressed. A recent Angus Reid poll revealed half of…
Buying a home can be as exciting as it is nerve-racking. Luckily, you can keep calm about locking in a decent mortgage rate while you carry on with your house-hunting by getting a mortgage pre-approval. A pre-approval is the first step in buying a home, giving you certainty around what you can…
As the COVID-19 pandemic shifts employees from their offices to their homes, many employees are left wondering whether they’ll now be able to deduct home office expenses from their employment income in their 2020 tax return. Here we breakdown what you need to know about eligible deductions and…
Last month, the government passed legislation that lowered the minimum amount that must be withdrawn from a Registered Retirement Income Fund (RRIF) in 2020 by 25 per cent “in recognition of volatile market conditions and their impact on many seniors’ retirement savings.” Here’s what you need to know.…