Find the best mortgage rates in Canada - MoneySense
Oct 22, 2024 · MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada.
Use this free Excel budget template in Canada - MoneySense
Feb 14, 2024 · Instructions: Click the link or image above to download the spreadsheet tool. Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.”
Compare car insurance quotes from Canadian providers
Jun 21, 2024 · Compare car insurance quotes from top providers in Canada. In under five minutes, get a personalized car insurance quote from one of Canada’s top providers—free of charge.
What is the CPP enhancement? - MoneySense
Jan 19, 2024 · Jameela from Edmonton earns $100,000 annually as an employee. Under CPP1, with the 2023 rates of 5.95% and a YMPE of $66,600, she would owe $3,754.45, based on the following formula: ($66,600 ...
TFSA contribution room calculator - MoneySense
Aug 9, 2024 · TFSA contribution limits by year. Below, you’ll find the annual contribution limit for each year since the inception of the TFSA in 2009. Each year, the new annual limit is indexed to inflation ...
MoneySense | Helping You Make Better Financial Decisions
MoneySense is a digital magazine and financial media website. Journalists and qualified financial professionals produce the content. MoneySense’s goal is to provide the most relevant and up-to ...
What’s the average monthly retirement income in Canada?
Nov 29, 2023 · Post-pandemic, Canada experienced a dramatic spike in inflation—up from roughly 2% in 2019 to a peak 12-month inflation rate of 8.1% in June 2022. As of October 2023, the inflation rate was 3.1%
Are GICs worth it for Canadian retirees? - MoneySense
Jan 24, 2024 · Retirees don’t need to take more risk than is necessary, so our January 2024 tax-free savings account (TFSA) contributions were entirely in 5-year GICs. Of course, we already have plenty of ...
How it works: Capital gains tax on the sale of a property
May 3, 2024 · For individuals with a capital gain of more than $250,000, they will be taxed on 66.67% of the gain as income—up from the current 50% rate, according to Budget 2024.This inclusion rate change ...
How much money do you need to retire in Canada? Is it really $1.7 ...
Feb 23, 2023 · Because of inflation, according to the press release, that number is 20% higher than it was in 2020, when it was $1.4 million.I wrote my initial take on the poll on my own site, citing the ...