Credit and Debt Management
Strategies for Profiting from Rising Interest Rates
This article was published in the October 2013 issue of the Canadian Business Journal and has been posted with their permission Interest rates in the U.S. and Canada seem to have reached a bottom and the end of the 33-year-old bond bull market seems to be looming. When ...


Tax Tip: Prescribed Rate Loans
The following tax tip was published by Cadesky and Associates LLP on www.cadesky.com and has been posted with permission. Tax Tip: Prescribed Rate Loans Prescribed rates are calculated every calendar quarter with the next update effective October 1, 2013. The prescribed rate is calculated ...


First-Time Donors Super Credit
The 2013 federal budget, proposed a temporary one-time credit for first-time donors on up to $1,000 of monetary donations, in an attempt to encourage charitable giving by new donors. If a donor, or his/her spouse or common-law partner did not claim a charitable donation tax ...


Charitable Donation Tax Credit
Donations made to charities in Canada are eligible for a charitable donation tax credit. The first $200 of your donations is eligible for a tax credit equivalent to 15% of the donation amount. Depending on your province of residence you can also claim a provincial ...


Forum Magazine – June Edition: A Life of Purpose
Tina Tehranchian was featured in the June 2013 Edition of Forum Magazine "A Life of Purpose". To read the article click on the following link. Forum Magazine June 2013 Edition - A Life of Purpose


The 2013 Federal Budget
This article was published in the June 2013 issue of the Canadian Business Journal and has been posted with their permission The main goals of the 2013 Federal Budget consisted of creating jobs, simplifying taxes and closing perceived tax loopholes. THE FOLLOWING ELEMENTS in the budget have ...


Are You a Self-Employed Individual? Getting a Mortgage Might not be Unproblematic these Days!
. By Reza Ghazi, Broker at Mortgage Edge www.rezaghazi.com Before the effects of 2008’s global recession, particularly in Canada, it was much easier for self-employed individuals to obtain a mortgage on Real Estate-based assets. After the recession, the higher level of risk and uncertainty present in the Canadian ...


Do Not Hold Dividend Paying U.S. Stocks in Your TFSA
We are still in the early days of TFSAs and all sorts of confusion about the rules that apply to TFSAs seem to abound not only among tax payers but also among financial advisors. Recently, 70,000 out of the 4.7 million Canadians who have set up ...


Don’t Miss the Opportunity to Set up a Spousal Loan
If there was ever a time that you would want to consider using spousal loans, this is it. The current prescribed rate on a spousal loan is 1%, which is the lowest the prescribed rate has ever been. This is really as good ...


Creditor Protection for RRSPs and RRIFs
Prior to July 2008, only RRSPs and RRIFs issued by life insurance companies were creditor proof. On July 17, 2008, the regulations under the Wage Earner Protection Act came into force and so has the legislation providing protection to RRSPs. Briefly, the provisions applicable to RRSPs and ...

