CRA publishes prescribed interest rates each quarter. If you are in arrears to the government, for example, late in paying your income tax instalment, you will be charged interest.
This new online form was created to make applying for the DTC an easier and more efficient process. Applicants no longer need to print out the form and take it to their doctor.
CRA publishes prescribed interest rates each quarter. If you are in arrears to the government, for example, late in paying your income tax instalment, you will be charged interest.
Many Canadians love their family cottage and expect to pass it on to the next generation. But the rising value in real estate can offer a real problem that may make it impossible for the legacy of the cottage to live on. As a secondary residence, capital gains tax kicks in and can be substantial, but there are ways to minimize the impact.
Assuris protects Canadians holding individual and group life and health insurance policies issued by member companies should the insurer fail.
Every year FP Canada, the organization that oversees the financial planning industry in Canada, releases Projection Assumption Guidelines.