Jan 2, 2025 · The CPP enhancement. What is the CPP enhancement? Contributions to the Canada Pension Plan went up in 2024. Here’s why and how much more you’ll pay as an employee or a freelancer.

Nov 4, 2024 · MoneySense, Canada’s personal finance resource for more than 25 years, is owned by Ratehub Inc., but remains editorially independent. The editorial team works to provide accurate and up-to-date ...

Dec 18, 2024 · On January 15, eligible Canadians will receive the Canada Carbon Rebate (CCR), the first such rebate of 2025. The CCR (formerly known as the climate action incentive payment) will be distributed ...

Mar 20, 2024 · Top 3 online banking firms in Canada. Here’s a closer look at the top three overall winners. Gold — Best online bank: TD Canada Trust. TD Canada Trust is MoneySense’s pick for the best ...

May 10, 2024 · Review: Toronto-based fintech Wealthsimple attracts Canadian investors with its low-fee robo-advisor, discount brokerage, money management and tax-filing services.

Nov 25, 2024 · Splitting income with a spouse. Once you get into the clawback zone, look for ways to either reduce your net income or split pension income with your spouse.

Nov 29, 2023 · Electric vehicles (EVs) are more popular than ever with Canadian drivers. In 2017, EVs accounted for just 1% of new vehicles registered in Canada.

Apr 25, 2024 · Wise card pros. Can hold multiple currencies: This is a convenient option for travellers as they’ll know exactly what they’re paying to exchange money. Flexible payments: Even if you don’t ...

Nov 11, 2024 · What has the legislative process entailed? The federal government introduced a notice of ways and means motion on June 10 to amend the Income Tax Act and outline the capital gains tax change. The ...

Mar 6, 2024 · You do not have to wait until age 71 to convert your RRSP. Most people consider doing so once they have retired. RRIF withdrawal rates. The minimum age at which you can convert an RRSP to a RRIF ...