Tax Tips and Tidbits Blog

A simple overview of Canada's tax system to clear up the confusion on whether a new job, a raise, or year-end bonus means that you'll make less money after tax.

A summary of the key measures that may have a direct impact on you

The conundrum of deciding when to take CPP is not a one size fits all answer as it requires careful consideration to maximize your government retirement benefits.

In 2023, the First Home Savings Account will help first time home buyers save up to $40,000 on a tax free basis for a new home.

In the absence of proper planning, the succession of cottages and vacation homes can trigger family disputes or create significant financial headaches and adverse tax consequences.

A trust can be an effective wealth planning tool in the appropriate circumstances that may be beneficial to you and your family as it can facilitate income splitting, business succession, and estate planning.

A majority of Canadians do not have a Will and are letting the government determine how to allocate their wealth when they die.

Ideally, tax planning should be a year-round affair, however, there is still time to take advantage of year-end tax planning strategies.

It isn’t just what you earn, it's what you keep, and tax-efficiency plays a key role in maximizing investment returns and building long-term wealth.