Employment Insurance Premiums to be lowered: A reliever for Small Businesses

EI premium reduced Job growth in the country is quite discouraging, and therefore the Government looks for ways to promote the same. Only very recently, Finance Minister has announced to reduce the premiums... 

Factors that never helped Apple Watch to gain market’s attention

Apple Watch Launched They say that market is not quite ready to accept Apple’s new introduction and therefore, the stocks have gone down. The news US Based Pacific Crest says that Apple Watch is a large... 

Earning from rents could bring both pain and gain

Putting house on rent There is a couple who never found their income to be enough for owning a house even in another decade’s time. But, one fine day when they thought of buying a small apartment and... 

Illegal Immigrants- A Burden on Legal Taxpayers

Illegal immigrants put greater burden on Canadian taxpayers Canada, as all studies suggest, is home to a large number of immigrants coming from various countries. These immigrants receive all benefits... 

Tax Offence? Would it mean going to jail

Jailed for not paying taxes Those who are found to be tax offenders could experience a range of punishments starting from fighting a trial to being jailed up. Canada is quite strict with those who do not... 

Small Business Owners can plan their retirement differently

Retirement plan by small business owners A study shows that as many as 500,000 people in Canada, would be retiring in another five years’ time in the country. More than 700,000 would be retiring by 2020. By... 

Do Canadians prefer to get self-employed due to rising rate of unemployment?

Rise in Self-employment Canada is a country with a large number of people being young and in future this trend is going to get even more prominent. The rising rate of unemployment forces Canadians to come... 

Over contribution to TFSA could attract penalty: Learn more about it

TFSA Over contribution Since inception of TFSA in 2009 there have been millions of people who have opened this account and are making contributions regularly. TFSA gives you the option of contributing... 

TSFA Withdrawal Rules Costing Penalties to Canadians

  TFSA penalty for ignorance of withdrawal rules A flexible tax- free savings account (TFSA) enabling Canadians to earn tax-free investment income is on one side a boon in contributing to meet future... 

Plan about RRSP and RRIF for a better retirement life

RRSP and RRIF When you think of retirement the first thing that could be concerning for you is the availability of income to meet out the basic expenditures of life. For the whole of your life you have... 

Maximizing Returns on RRSP Investment Part 2

Maximizing Returns on RRSP Investment Part 2 Maximizing Returns on RRSP Investments (continued…) However, at present, the borrowing rates are low and carrying on a short-term investment strategy can

Employment Insurance Premiums to be lowered: A reliever for Small Businesses

Employment Insurance Premiums to be lowered: A reliever for Small Businesses Job growth in the country is quite discouraging, and therefore the Government looks for ways to promote the same. Only very recently,

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Illegal Immigrants- A Burden on Legal Taxpayers

Illegal Immigrants- A Burden on Legal Taxpayers Canada, as all studies suggest, is home to a large number of immigrants coming from various countries. These immigrants receive

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Single home buyers boost Canada housing market

Single home buyers boost Canada housing market Canada, 1st April: Increased number of single professionals are buying houses in Canada. As per the reports, large number of

Small Businesses

A poor credit score can be a big overhead on your business costs

A poor credit score can be a big overhead on your business costs Running a small business is always quite challenging and exciting too. It is a combination of working with passion and