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No Canada Housing Bubble—FM

Canada, 21st May: Canada housing market is not in any bubble. This has been affirmed by Canada Finance Minister Joe Oliver. No bubble in Canada housing market—Canada housing market is not in a bubble. This has been clarified by Canada

Canadians Over-exposed to Mortga

The housing market in Canada is in a very volatile situation. Prime Minister, Mr Stephen Harper has warned his countrymen that many of them are overly exposed to mortgage debt. But he believes that the markets will bounce back and

Is Paying off Mortgage Better th

Many families, that have mortgage payments to make, find themselves in a dilemma – they are unable to decide if paying off mortgages and living peacefully is better than making new investments and earning more. In this highly materialistic world

Human Error Helps In Extending T

The deadline for Canadians to file their annual income tax returns is usually on the 30th of April every year. But thanks to what is being claimed as “human error”, an incorrect notification was sent to those who prepare taxes

How to Improve Your Credit Score

Maintaining a good credit score is important to get back on your feet – financially speaking. If you have been plagued by a poor credit score then you should be patient enough to go through the process of re-establishing the

The Coming Canadian Pre-election

The rich Canadians have a lot to cheer about. The coming budget seems to be designed for them! And every possible opportunity has been used by the government to herald the contents of the budget as a build-up to the

Making Changes in Your Canadian

The periodically changing tax laws, the ignorance of citizens towards it and the constantly changing financial situations of the citizen, together make the correct filling of tax returns an arduous task. That missing crucial receipt, the lack of time for

How To Reduce Taxation on Your C

When you sell your “Capital Property”, which includes your shares, securities, stocks or real estate, for a profit, then you are considered to have received a “Capital Gain”, according to the Canada Revenue Agency (CRA). Reporting and Calculating You are

Saving Big on Medical Expense Ta

Medical Expense Tax Credit applies to any medical related expense incurred for treating a disease or a medical condition. The Canadian Revenue Association (CRA) has identified a wide range of possible medical expenses that are considered eligible for tax deduction

Greater Transparency Advocated b

The Canadian Securities Administration (CSA) in its effort to bring about transparency in compensations collected for financial advices have rolled out the 2nd phase of its new rules called the Client Relationship Model (CRM). The new rules, that will be