Understanding capital gains tax in Canada

Credit to Author: Shalini Dharna| Date: Tue, 10 Sep 2024 21:12:55 +0000

Navigating the world of investing can be overwhelming, especially when it comes to understanding the concept of capital gains. In this article, we’ll explain capital gains and discuss important tax considerations, including recent rules from the Canada Revenue Agency.

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Understanding the break-even concept is critical for entrepreneurs

Credit to Author: Shalini Dharna| Date: Wed, 21 Aug 2024 13:10:04 +0000

Starting a business can be an exhilarating adventure, filled with hope, creativity, and the promise of success. However, it also comes with its own set of challenges and uncertainties and for most entrepreneurs a common area of anxiety is finances.

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Navigating financial health in Canada

Credit to Author: Canadian Immigrant| Date: Wed, 14 Aug 2024 03:17:43 +0000

A financial therapist shares her own experiences and stories of clients, and highlights practical tools and strategies to help newcomers address underlying emotions and beliefs impacting their financial journey.

The post Navigating financial health in Canada first appeared on Canadian Immigrant.

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5 tips for safe and savvy online shopping

Credit to Author: Canadian Immigrant| Date: Thu, 25 Jul 2024 03:51:26 +0000

Everyone loves a good deal! During the summer, there are numerous sales offering significant discounts. With more leisure time available, the allure of online shopping grows stronger. However, it’s essential to exercise caution to avoid unexpected complications.

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Young investors: Here are some tips for getting into the market

Credit to Author: Canadian Immigrant| Date: Wed, 10 Jul 2024 22:48:01 +0000

You’ve likely heard of Minecraft. It’s a simple game where you slowly place blocks and craft items from containers to castles and entire cities. You’ve probably also heard of the first-person shooter Call of Duty (COD), where players navigate fast-paced war zones. Like gaming, investing is all about how you approach it. You can build slow but safe, like in Minecraft, or you can go fast and risk more, like in COD.

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The importance of a mid-year review for entrepreneurs

Credit to Author: Shalini Dharna| Date: Tue, 02 Jul 2024 14:52:29 +0000

A mid-year check-in serves as the perfect opportunity for entrepreneurs to reflect on your achievements, realign your priorities, and make adjustments for the remainder of the year. This practice not only helps you stay on course but also allows for course correction and improved focus.

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Love and money: Navigating finances in relationships

Credit to Author: Shalini Dharna| Date: Mon, 03 Jun 2024 16:42:17 +0000

Did you know financial problems are the number one reason for divorce or relationship breakups? Money is often considered a taboo topic in many relationships, but it plays a significant role in the health and longevity of a partnership.

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Essential Canadian tax terminology: Brush up on your lingo!

Credit to Author: Canadian Immigrant| Date: Mon, 08 Apr 2024 22:20:26 +0000

Only 14 per cent of Canadians are very confident in their understanding of tax-related terminology finds a poll conducted by TurboTax Canada. Here is a list some of the key Canadian terms to help navigate the complexities of the tax season.

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Upcoming webinar on tax benefits and credits for newcomers to Canada

Credit to Author: Canadian Immigrant| Date: Tue, 12 Mar 2024 03:28:33 +0000

On March 20,2024, the Canada Revenue Agency is hosting an interactive webinar on the Canadian tax system. This free event will cover various topics including the Canada child benefit (CCB), GST/HST credit, ways to do your taxes, free tax help and other CRA services.

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Poll shows new Canadians more likely to use fraud prevention tools

Credit to Author: Canadian Immigrant| Date: Thu, 07 Mar 2024 13:00:55 +0000

A new poll released in time for Fraud Prevention Month in March shows newcomers to Canada are taking stronger measures to reduce their exposure to financial scams.

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