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Dividend Stocks

No Savings at 40? 3 Simple Strategies to Get Back on Track

Panic is not the solution if you have no savings at 40. Three simple strategies can help you get back…

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Senior housing
Dividend Stocks

Housing Crash 2020: A 26% Drop Is Warned

Canada’s housing market continues its surge as 2020 draws to a close. However, a supply shock could still trigger a…

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Retirement
Dividend Stocks

Canada Revenue Agency: Retirees Can Avoid the 15% OAS Tax by Doing This

Higher-income retirees can avoid the 15% OAS recovery tax in different ways. One strategy to earn tax-sheltered income is to…

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Dividend Stocks

2 Dependable Dividend Stocks That Perform Well During Market Crashes

Panic will not grip investors if BCE stock and Fortis stock are the core holdings in their portfolios. Both dividend…

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Person Hands Opening Mailbox To Remove Newspaper
Dividend Stocks

Hooray! The CRA Is Providing a $500 Digital News Tax Credit

DNSTC is the latest tax break from the CRA that rewards digital news subscribers from 2019 to 2024 with a…

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retirees and finances
Dividend Stocks

Retirees: How to Build a 2nd Pension and Avoid the 15% OAS Tax Clawback

Building a second pension and avoiding the 15% OAS clawback should be the priorities of current and soon-to-be retirees. The…

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Investing

Warren Buffett Is Betting Big on Drug Stocks

Warren Buffett’s new positions in Q3 2020 are in four established pharma stocks. Bellus Health stock hasn’t taken off yet…

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Dividend Stocks

Canada Revenue Agency: Should You Start Your CPP Pension at 60 or 70?

Starting the CPP pension at 60 or 70 depends on the circumstances or needs of a retiree. Either way, it’s…

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edit CRA taxes
Dividend Stocks

Hate Taxes? 3 Tax Write-Offs You Can Use to Save Money

Paying taxes is an obligation, but taxpayers can use three tax write-offs to reduce tax bills or save money. Earning…

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grow dividends
Dividend Stocks

CRA Tax Relief: Did You Claim Your $400 GST Earlier This Year?

The $400 emergency GST payment in April 2020 was a welcome relief to many Canadian taxpayers. You go further and…

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Dividend Stocks

Canada Revenue Agency: Here’s a $2,000 Crisis Payment the CRA Could Provide You

The CRA continues to hand out $2,000 crisis payments to Canadian workers displaced by the COVID-19 pandemic. Others are earning…

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Dividend Stocks

3 Giant TFSA Mistakes Most Canadians Are Making

Canadians should be using their TFSAs the right way and not make giant mistakes that can hinder tax-free money growth.…

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Investing

Prep Your TFSA: A Market Crash Could Wipe Out 50% of It

Users should prep their TFSAs in preparation for a market crash or risk losing 50% of the assets value. Meanwhile,…

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stock data
Dividend Stocks

3 Ways to Earn Passive Income the CRA Won’t Tax

It pays to know the three ways to earn passive income without the CRA collecting taxes on any of them.…

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Dividend Stocks

CRA Emergency Payment: Some Parents Can Get Another $200 From the CRA

Parents in Ontario can expect another emergency payment from the provincial government in December 2020. If you’re looking for pandemic-resistant…

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thinking
Dividend Stocks

CPP Pension and OAS Payments: How Much Can You Get?

If the CPP and OAS combined pays less than $1,400 per month, a retiree might need more in retirement. The…

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retirees and finances
Dividend Stocks

Canada Revenue Agency: Avoid This #1 Retirement Mistake

One common mistake of seniors is underestimating spending in retirement. Investment income from Royal Bank of Canada stock can augment…

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Dividend Stocks

1 Dividend King Stock That Will Rule Through a Market Crash

A market crash is inevitable and happens every now and then. However, to mitigate the risks, the Enbridge stock is…

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Dividend Stocks

Got a Child? You Could Get Another $200 From the CRA

The CCB enhancements for the 2020-21 benefit year came in the nick of time. Parents in Ontario will receive one-time…

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money cash dividends
Dividend Stocks

CRA Cash: Your $2,000 CRB Benefit Can Be Taken Away

CRB claimants must comply with the eligibility rules to ensure the CRA won’t take away the $2,000 benefit. To earn…

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oil tank at night
Dividend Stocks

Warren Buffett’s Favourite Canadian Stock Is About to Erupt

Warren Buffett owns a pair of Canadian assets, but the Suncor Energy stock is his favorite. Despite the disappointing performance…

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Volatile market, stock volatility
Dividend Stocks

Market Crash Alert: What Goes up Must Come Down

The TSX is hot in November, although the trend could reverse depending on what will emerge next in the market…

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Dividend Stocks

CPP Pension: Should You Start Payments at 60, 65, or 70?

CPP payment starts at the default age of 65. While users can take the pension earlier at 60 or later…

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You Should Know This
Dividend Stocks

Canada Revenue Agency: 40% of Canadians Are Using the TFSA Incorrectly

The TFSA is under-utilized in Canada as over 40% of users hold cash more than income-producing assets. If you want…

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Dividend Stocks

CRA: Help Is Coming to Canadians With the $2,000 CRB

Millions of Canadians are still out of work and looking for employment. However,$2,000 in financial assistance is available from the…

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Dividend Stocks

$2,000 CRB or EI? Here Are 2 Big Differences You Should Know

The CRB and EI have two big differences but are worthy replacements to the defunct CERB. If you need more…

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stock analysis
Dividend Stocks

Joe Biden’s Victory Could Make This 1 TSX Stock Explode

Investors should include the Brookfield Renewable Partners stock in their watch lists following Joe Biden’s victory in the U.S. The…

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tech and analysis
Dividend Stocks

Canada Revenue Agency: 2 Tax Breaks That Could Give You More Cash

Two tax breaks from the CRA complements the income support measures of the federal government in 2020. A recession-resistant asset…

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Man with no money. Businessman holding empty wallet
Dividend Stocks

CPP $536.90 Increase in 2021: Your Paycheck Could Get Smaller Next Year

For the third time in as many years, CPP users will see their paychecks reduce again in 2021. If you…

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close-up photo of investor Warren Buffett
Dividend Stocks

Warren Buffett: It’s a Good Thing He Didn’t Sell His Suncor (TSX:SU) Stock!

Warren Buffett made the right move in buying more shares and keeping Suncor Energy stock. Analysts predict the oil kingpin…

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thinking
Dividend Stocks

Canada Revenue Agency: Should You Take Your CPP Pension at 60 or 65?

Deciding on whether to take the CPP at 60 or 65 depends on the circumstances of a retiree. Whichever is…

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money cash dividends
Dividend Stocks

Got $2,000? Consider Buying These 2 High-Yield Dividend Stocks

You can invest in the stock market even with only $2,000 as capital. A pair of high dividend-payers, the Plaza…

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Happy diverse people together in the park
Dividend Stocks

Canada Revenue Agency: Avoid the 15% OAS Tax by Doing These 3 Things

The 15% OAS clawback is an inherent feature of the federal government’s OAS program, but it's avoidable. Taxpayers can lessen…

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Dividend Stocks

CPP 9.2% Increase in 2021: You Might Be Paying a Lot More to Your CPP Next Year

CPP users will pay more in 2021. However, the trade-off is the increase in the income-replacement level. You can fill…

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analyze data
Dividend Stocks

Canadian Dollar Hits 2-Year High: 2 Stocks That Will Benefit

After hitting its two-year high recently, the Canadian dollar remains under pressure. If the loonie keeps advancing, the Canadian National…

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Canadian Dollars
Dividend Stocks

2 TFSA High-Yield Dividend Stocks for Passive Income the CRA Can’t Touch

Creating passing income is becoming increasingly important due to the pandemic-induced recession. Canadians can generate significant tax-free income with Canadian…

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tech and analysis
Dividend Stocks

Here’s 1 Way You Can Survive on ONLY Your OAS and CPP Pension

Family support is not a typical income source in retirement. But if you have it, you might survive with only…

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analyze data
Dividend Stocks

Caution! The CRA Can Deny Your $2,000 CRB Application if You Do This 1 Thing Wrong

The CRA can deny paying CRB if the applicant fails to meet eligibility and more so if a claim is…

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You Should Know This
Dividend Stocks

Canada Revenue Agency: Don’t Lose Your $2,000 CRB by Doing These 5 Things

Strict rules apply when you’re applying for CRB. You can lose the $2,000 income support by doing five things. In…

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Dividend Stocks

Warren Buffett: The Subtle Art of Investing During a Recession

Warren Buffett has lived through eight recessions and learned the subtle art of investing during downtrends. Like him, you can…

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