New regulations that will cap non-sufficient funds (NSF) fees at $10 will save Canadians $4.1 billion over the next decade, according to the federal government. Effective Thursday, Canadian banks won’t be allowed to charge more than $10 when someone doesn... See more
Q: What is SimpleFile and how can I find out if I can use it to file my taxes? A: SimpleFile is a free service from the Canada Revenue Agency (CRA) that allows lower-income Canadians with a simple tax situation to file their taxes by answering a series of... See more
You’ve probably seen the headlines: Canadians are sitting on $2 billion in uncashed federal cheques. A report released recently in Parliament says that nearly four million paper cheques totalling $2,159,665,155 were sent to eligible Canadians in the past ... See more
If you don’t have a Tax-Free Savings Account (TFSA), you may be missing out on one of the best ways for Canadians to save, invest and grow their money. It’s exactly as it sounds: earnings are 100 per cent tax-free for life — even on withdrawals — providin... See more
From maximizing RRSP contributions and income splitting to claiming medical and moving expenses, there are still ways to lower your 2025 tax bill and potentially increase your refund by hundreds if not thousands. Monday marks the official start of the 202... See more
