Your cottage is a special place for the family. Mark Halpern of WEALTHinsurance.com explains the financial implications of dealing with a cottage for future generations.
Many Canadians who own a family   Read More

Your cottage is a special place for the family. Mark Halpern of WEALTHinsurance.com explains the financial implications of dealing with a cottage for future generations.
Many Canadians who own a family   Read More

5iResearch analyst Moez Mahraz stresses any benefit from tax-loss selling is of secondary importance to the long-term benefit of investing in quality stocks in the first place.
As we approach the   Read More

Will the tranquility of your family cottage dissipate when planning for, and financing, succession of ownership? Trust and estate planner Mark Halpern offers some solutions.
Many Investor’s Digest readers are fortunate   Read More

In the market for a cottage as a second home? Then now is the time for proper tax planning, muses Toronto tax lawyer Samantha Prasad from her vacation home on   Read More

Will the tranquility of your family cottage dissipate when planning for, and financing, succession of ownership? Trust and estate planner Mark Halpern offers some solutions.
Many Investor’s Digest readers are fortunate   Read More

Why can’t you have your cake and eat it too? Tax lawyer Samantha Prasad offers suggestions for conservative, cash-conscious investors to minimize the tax-man’s slice.
For those conservative investors out there,   Read More

Selling the family cottage (or, depending on where you live in Canada, the cabin, the bungalow, the lake, the chalet, the camp, the shack, the farm or the summer house)   Read More

There are many reasons to liquidate your investments. But before seeking the safety of cash and low-risk income investments, you must consider the potential tax implications. Toronto-based Minden Gross tax   Read More

Benjamin Franklin was one of the wealthiest men of his time. He could have retired in luxury  at a relatively young age but instead pursued a lifetime of philanthropic endeavours.   Read More

Being too generous to your family can hurt. Samantha Prasad, a tax partner with the Toronto-based law firm Minden Gross LLP, outlines the benefits and potential traps in any tax   Read More

Mutual fund investors should be prepared for tax advice slips which will report their income, eligible Canadian dividends and capital gains and losses when doing their tax planning.
At this time   Read More

Is your self confidence waning? Do you feel you may be better off putting your money in a mutual fund and leaving stock selection to the fund’s professional managers? You   Read More

Putting money into your Registered Retirement Savings Plan, or RRSP, is a great way to start planning for your retirement. And there’s no better time to start thinking about your   Read More

As we begin to approach the end of the calendar year, a common tax tip is to think about “tax-loss selling”. This refers to the strategy of triggering losses before   Read More

Once upon a time, a family was eligible for a double principal residence exemption. However, in the early 1980s, the tax rules were changed. Now there is essentially a one-principal-residence-per-family   Read More

Tim Hortons, one of our Key stocks, has agreed to its acquisition by Burger King to form a new company. You’ll receive much more than Tim Hortons’ former market price.   Read More

Paying capital gains taxes may be an inevitable result of successful investing. But the longer you can delay the inevitable, the greater will be your ultimate success.

Sector funds offer aggressive   Read More

BCE Inc. wants to buy the Bell Aliant shares that it doesn’t already own. BCE (TSX—BCE) remains a buy. If you hold Bell Aliant (TSX—BA), you should perform your own   Read More

Thinking about what to include in your will? If you are like most people, your thoughts are probably focused on who gets what, and who will take care of the   Read More

For conservative investors, the urge to keep money in cash or the equivalent is hard to overcome, despite today’s low interest rates.

And yet, seeking safety in income-producing investments and cash   Read More

– Mark Halpern, CFP, TEP

Are you an investor who owns shares of a private holding company or investment corporation? Are you nearing retirement, or already retired?

Proper financial planning helped get   Read More

The TaxLetter, MPL Communications Inc.
133 Richmond St.W., Toronto, ON, M5H 3M8. 1-800-804-8846

Last month we wrote about the demise of the one per cent prescribed rate for income splitting strategies. We   Read More