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At Close: Jul 26, 2023

CRA Update: Two $300 COVID-19 Tax Breaks

01:12pm, Wednesday, 08'th Jul 2020
While the CRA has provided a couple of emergency payouts, you can create a passive income stream by investing in dividend stocks such as Bank of Nova Scotia (TSX:BNS).
The Canada Revenue Agency takes a chunk of your OAS and CPP pensions. Here's one way to build a personal pension the CRA won't tax.
Here's how you can generate tax-free income in retirement and supplement your OAS and CPP payout.

Why Guyana's political stalemate matters

10:51am, Tuesday, 07'th Jul 2020
In a corner of South America along the Caribbean coast, a country is plunged into crisis. Rival camps see themselves as the rightful rulers of the nation and their opponents as would-be usurpers. Offi
Alleging a “poor track record” on corruption prosecution, Opposition leader, Dr Peter Phillips, has written to Governor General (GG) Sir Patrick Allen, objecting to the proposal to extend the tenu
The first three years of retirement is the time to structure finances. Retirees who can organize and supplement pensions with investment income from a Dividend Aristocrat like the Bank of Montreal sto
The pandemic reinforces the truth about the inadequacy of the OAS and CPP to cover retirement needs. Retirees need investment income from blue-chip assets like the BCE stock to ensure financial stabil
Morricone’s work helped define the western but he went on to work across all film genres
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and succes
You can lower your CPP & OAS taxes by holding investments like the iShares S&P/TSX 60 Index Fund (TSX:XIU) in a TFSA.
Boosting your OAS and CPP is possible if you’re healthy and amenable to delay until 70. Your quality of life in retirement will be better too if you can complement the pension with income from the T
Couple approaching retirement have 97 per cent of their investable assets in Canadian large cap stocks. Not a good idea, planner says
Oasis Petroleum Inc. (NYSE:OAS)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $0.70, but opened at $0.75. Oasis Petroleum shares last traded at $0.77, wi
Here's how Canadian seniors can earn more income without worrying about a CRA clawback on their OAS pensions.
While experts say this work has been undersupported and under-valued for years, the impacts of COVID-19 are hitting some caregivers especially hard
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