With tax season heating up, many of us will either have just completed our personal tax returns or will be finalizing them in the weeks ahead. For those who are self-employed, the deadline is still a little ways away - so don’t panic yet. Since the RRSP season is long past now, there are not many ways that one can reduce their bills with CRA this year.
The decision to buy a house and take on a mortgage is one of life’s milestone moments and it often symbolizes the big step of “getting there” for most families.
Over the last decade, global markets have been thrown into chaotic, disruptive, but beneficial upheaval as the new giants of the world grew up. In this I am referring to what were coined the BRIC economies by Goldman Sachs: Brazil, Russia, India and China.
The 2013 federal budget was delivered by Finance Minister Jim Flaherty just over two weeks ago. Usually we like to get something out that summarizes the budget very quickly, but in this case there were some directives in the budget that we required some clarification on before posting our thoughts.