RRSP TFSA

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Your Mid-Year Tax Check-In: Why Summer Is the Smartest Time to Plan

Most people think about tax exactly once a year — in the frantic weeks before the April 30 deadline. As a CPA, I understand why, but I’d gently argue it’s the worst possible time to think about it. By spring, the year is already closed; you’re simply reporting what happened, and almost every opportunity to […]
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How Your Investment Income Is Taxed in Canada: Dividends, Capital Gains, Interest — and the Foreign Property Form You Can’t Ignore

One of the most common misconceptions I encounter as a CPA is the belief that “income is income” when it comes to tax. In reality, how your investment dollars are earned matters enormously. A dollar of interest, a dollar of eligible dividends, and a dollar of capital gain are each taxed in a meaningfully different way — […]
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