An investment tax strategy is not just about writing the government a cheque; it can be a deeply involved process that considers many different variables.
This careful work can dramatically lower the taxes you owe. Every investment option has a tax implication, and understanding the tradeoffs between each choice is critical to maximizing your returns.
RRSP, RRIF, LIF, TFSA, JWROS, LIRA – who can make sense of this alphabet soup?
The Tax-Free Savings Account is a registered savings account that allows taxpayers to earn investment income tax-free inside the…
Registered Education Savings Plans are registered education savings plans that grow tax-free until the child is ready for university, college or a…
A Registered Retirement Savings Plan is a retirement plan that is registered with the federal government and that you…
Since 2011, the Registered Disability Savings Plan has been available to Canadians who qualify for the disability tax credit…
A Borrowing money to invest in an RRSP has many advantages. Besides the immediate tax refund, you also can…
Leveraged investing is defined as borrowing money to finance an investment. You are familiar with the concept of leverage…