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Dividend Stocks

Day Traders, Beware: The CRA Could Tax Your TFSA Heavily

The CRA prohibits TFSA users from carrying on a business within the account. TFSA users are better off investing in…

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Dividend Stocks

CRA Update 2021: 2 Crucial TFSA and RRSP Changes You Need to Know

TFSA and RRSP users can resume their contributions following the CRA’s updates on the contribution limits for 2021. Royal Bank…

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Dividend Stocks

Got $1,000? Buy and Hold This 1 Classic Dividend Stock

Enbridge stock will not disappoint investors with limited funds to invest. If you only have $1,000, buy and hold this…

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Dividend Stocks

Have a Child? The CRA Could Give You Up to $8,000 in 2021

Parents in Canada could be entitled to receive almost $8,000 if they meet the CCB eligibility requirements. Boosting family is…

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Metals and Mining Stocks

Forget Gold Stocks! Silver Has Been Posting Explosive Gains in 2021

Should investors dump gold stocks and take positions in the First Majestic Silver Corp. stock? The shiny white metal is…

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Dividend Stocks

Over 100,000 Canadian Renters at High Risk of Default: Is a Housing Correction Coming?

It’s hard to say whether the rising arrears in the rental market could trigger a crash or correction in the…

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Dividend Stocks

Warren Buffett: How to Increase Your Lifetime Value by 50%

Warren Buffett has one advice if you want to increase your lifetime value by 50%. Also, the GOAT of investing…

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Investing

Air Canada (TSX:AC) Trying Out Rapid COVID-19 Testing: Good News for the Stock?

Despite its participation in the rapid COVID-19 testing program, the Air Canada stock remains in limbo. Only a sector-specific support…

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Dividend Stocks

CPP Pension User: 2 Reasons to NOT Take Your Pension at Age 60

There are two reasons that can convince CPP users not to take the early option at age 60. To have…

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Dividend Stocks

Canada Revenue Agency: Stop Repeating This 1 TFSA Mistake!

Overcontribution is a common mistake of TFSA users. Invest in the high-yield asset like Pembina Pipeline stock and follow the…

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Dividend Stocks

CPP Pension User: What’s the Best Age to Start Your CPP in 2021?

Many CPP pension users find it taxing to choose the best age to start the payments. Regardless of choice, it’s…

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Dividend Stocks

Want to Pay Less Taxes? Listen to These 3 Little-Known Tax Breaks

Canadian taxpayers can derive more tax savings if they’re aware of little-known tax breaks. For tax-free income in 2021, TFSA…

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Dividend Stocks

CRA: Over 65? You Can Get an Age Amount Tax Credit of $7,637

The Canadian government pamper seniors 65 or older with tax benefits, including the age amount tax credit. For pension-like, monthly…

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Dividend Stocks

CRA: If You Did This 1 Thing Wrong, You Might Have to Pay Back Your $2,000 CERB

The CRA is recovering the CERB from recipients who were found to be ineligible for the benefit. Meanwhile, Canadians with…

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Dividend Stocks

Warren Buffett: 4 Keys to Being a Business Superstar

People can be business superstars by adopting Warren Buffett’s formula for success. Berkshire Hathaway is holding on to the Suncor…

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Dividend Stocks

2 Dividend Aristocrats That Have Stood the Test of Time

The Bank of Montreal stock and Canadian Utilities stock have endured the harshest recessions. If you were to invest today,…

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Dividend Stocks

Canada Revenue Agency: 1 Handy New Tax Break You Can Claim

If you worked from home in 2020, you can claim as much as $400 home office expenses from the CRA.…

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Investing

The Next Stock Market Crash: Your Chance to Make Millions

People stay away from the stock market when a crash looms. However, some capitalize on bargain deals and make millions…

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Dividend Stocks

Warren Buffett: 3 Steps to Take to Protect Your Portfolio Before a Market Correction

Warren Buffett prepares for a market crash better than others. His three steps should guide investors in the current situation.…

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Tech Stocks

Short-Selling Stocks: A Risky Strategy

The short-selling strategy is too risky for regular investors. Your money can deliver massive returns from growth investing. The Docebo…

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Dividend Stocks

CRA Cash Benefit: 1 Easy Step to Get Up to $850

The CRA is open to extend retroactive GSTC claims to eligible recipients who haven’t filed their 2018 tax returns. For…

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Dividend Stocks

TFSA Pension: Turn $70,000 Into $1 Million Without Paying a Penny in Taxes to the CRA

Turning $70,000 into a $1 million tax-free pension is possible in a TFSA. However, you must have a long-term horizon…

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Dividend Stocks

CRA Write-Off: If You Work From Home, You Could Qualify for a $400 Tax Credit

COVID-19 triggered a transition to remote work. Now, millions of Canadians working from home could qualify for a $400 tax…

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Dividend Stocks

CPP Pension Users: 3 Reasons NOT to Delay Payments Until 70

Delaying the CPP payments until 70 might not be the most beneficial option for users due to three reasons. If…

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Dividend Stocks

3 Massive TFSA Mistakes to Avoid With Your New $75,500 Limit

Three massive TFSA mistakes could be costly to users and prevent them from deriving the full tax-free benefits. If you’re…

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Dividend Stocks

Canada Revenue Agency 2021: Big Changes to the TFSA and CPP Pension

TFSA and CPP users will benefit greatly from the CRA’s big changes in 2021. To pad your TFSA balances faster,…

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Dividend Stocks

Canada Revenue Agency: 2021 Change That Will Save You Taxes

The CRA will increase the BPA once more in 2021 and taxpayers could save on taxes again. To match the…

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Dividend Stocks

Work From Home? Here’s How You Can Get a $400 CRA Tax Credit

The CRA has simplified the claim procedure for home office expenses so more Canadians can get as much as $400…

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Dividend Stocks

Passive Income: 1 Easy Way to Make $850 Per Month in 2021

Canadians can invest in dividend stocks to earn passive and recurring income after the government’s temporary benefits expire. A high-yield…

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Dividend Stocks

Prep Your TFSA and RESP for any Future Corrections

Since losses in a market crash could be irrecoverable, TFSA and RRSP users must avoid or eliminate risky investments like…

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Dividend Stocks

Hooray! This CRA Change Means Lower Taxes in 2021

A major change by the CRA in 2021 will lower taxes of millions of Canadian taxpayers. Earning more tax-free from…

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Dividend Stocks

CPP 2021: Is it Best to Start Your Pension Payments at 65 or 70?

The choice to start CPP payments can sometimes be demanding for users. However, the pressure could be less if there’s…

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Dividend Stocks

Have a Child? You Might Receive an Extra $1,200 From the CRA

When the federal government promised that no Canadians will be left behind in 2021, it includes parents. To boost household…

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Dividend Stocks

Canada Revenue Agency: You Might Qualify for These 3 2021 Pandemic Payouts

The CRA continues to disburse pandemic money to Canadians in need of income support in 2021. If you’re looking to…

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Dividend Stocks

Warren Buffett: Buy Dividend Stocks

Warren Buffett is an investment genius, although dividend stocks are major contributors to his growing wealth. If you want recurring…

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Dividend Stocks

Canada Revenue Agency: Claim the New Digital News Tax Credit for $500!

The CRA’s latest tax break should help increase digital news consumption in Canada and support local media outlets. For added…

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Tech Stocks

The “Big Short” Investor Isn’t Touching Bitcoin

Steve Eisman, the hedge fund manager who made a fortune during the 2008 financial crisis, will never invest in bitcoin.…

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Dividend Stocks

CRA Cash: 3 Little-Known Payments You Could Receive in 2021

Child care and moving expenses as well as disability supports deduction are the little-known payments from the CRA in 2021.…

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Dividend Stocks

Can You Rely on ONLY Your CPP Pension and Retire With ZERO Savings?

Soon-to-be retirees mustn’t rely solely on the CPP and OAS in retirement. The better action is to have savings to…

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Dividend Stocks

Canada Pension Plan: Should You Start Your Payments at 60 or 65 in 2021?

CPP users must assess whether starting payments at 60 or 65 in 2021 is the more valid strategy. Either way,…

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