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Income Splitting – Investments

In Canada; the spouse who provides money for an investment is taxable on the earnings.  If one spouse is in a lower tax bracket, or you expect one spouse will be mostly staying home with the responsibility of managing the household, or one spouse is expected to earn more because of their expected career advancements or business ventures; then you must make plans […]

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  • January 15th, 2010

Compounding – The Tax-Free Savings Account with Money Skills

TAX-FREE SAVINGS ACCOUNT: The average Canadian taxpayer has a poor selection of income tax reduction opportunities to utilize.  However the Tax-Free Savings Account started in 2009 has changed that. 

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  • November 6th, 2009


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