Recent Articles

crashing stocks
Dividend Stocks

Warren Buffett Is Waving a Market Crash Red Flag

Warren Buffett’s move to invest in the Barrick Gold stock was out of character. However, it could also be a…

Read more »

Dividend Stocks

CPP Pension Users: 2021 Enhancement Will Bump Up Your CPP Payouts

The CPP payouts in 2021 should be higher due to the pension’s enhancements that began in 2019. However, pension users…

Read more »

Dividend Stocks

Canada Revenue Agency: The Worst TFSA Mistake That Will Cost You a Fortune

Users with cash as their primary investment are underutilizing their TFSAs and missing out on amazing benefits. To further increase…

Read more »

Investing

CRA 2021 Update: Don’t Forget to Claim the $500 Digital News Tax Credit!

A financial incentive in the form of a tax break awaits taxpayers subscribing to original Canadian digital news. For investment…

Read more »

Dividend Stocks

CRA $14,000 CERB: Will it Turn Into Permanent Income in 2021?

CERB is not likely to become permanent in 2021, although it paved the way for discussions on the matter in…

Read more »

Dividend Stocks

CPP Pensioners: Here’s How the New Increase Will Affect Your Payouts in 2021

The ongoing CPP enhancements should result to higher payouts in 2021. However, soon-to-be pensioners should consider investing in Bank of…

Read more »

Tech Stocks

Shopify (TSX:SHOP) Stock Returns in 2020 Will Make Your Jaw Drop

The Shopify stock is the undisputed tech superstar and the TSX’s shining star. Its total return in 2020 is jaw…

Read more »

Dividend Stocks

CPP Pension Users: 2 Frightening Truths About Retirement

An effective retirement plan can help CPP pension users prepare for the harsh realities in retirement. If you’re building a…

Read more »

Dividend Stocks

$400 Work From Home CRA Tax Deduction: Do You Qualify?

If you’re eligible to claim the work-from-home tax deduction in 2020, $400 is a welcome tax relief from the CRA.…

Read more »

Dividend Stocks

Canada Revenue Agency: Are You Eligible for the Work From Home Tax Write-Off?

Canadians doing a thankless job of working from home can claim the new work-from-home tax deduction in 2020. To earn…

Read more »

Dividend Stocks

1 Huge TFSA Mistake Most Canadians Are Making!

Holding cash exclusively in a TFSA is the colossal mistake of most Canadians. The account’s optimum use is to invest…

Read more »

Dividend Stocks

CRA: TFSA Limit Will Increase in 2021 to Over $70,000!

The TFSA contribution room is continually growing since 2009. Next year, the maximum available room could reach more than $70,000…

Read more »

Dividend Stocks

1 Simple Way to Make $500 Passive Income Per Month

Dividend investing is the less-cumbersome way to make passive income. If you need cash flows every month, Extendicare stock and…

Read more »

Dividend Stocks

2 Stocks That Are Absurdly Cheap Right Now

Now is the best time to take positions in the Rogers Sugar stock and BlackBerry stock. At low prices, you’ll…

Read more »

Dividend Stocks

CRA 2021 Update: 2 Need-to-Know Tax Changes

The new TFSA contribution limit and the simplified work-from-home tax deduction are the need-to-know tax changes if you want to…

Read more »

Dividend Stocks

CRA: Do You Qualify for the New $500 Canada Sickness Recovery Benefit?

Canadians who can’t work due to COVID-19 infection or other underlying health conditions can receive income support through the new…

Read more »

Dividend Stocks

Canada Pension Plan: Your CPP Payments Might Increase in 2021!

CPP payments might increase slightly in 2021, because contribution rates have been rising since 2019. If you need to supplement…

Read more »

Dividend Stocks

TFSA Users: 53% of You Are Making This Massive Mistake!

Users continue to underutilize their TFSAs in 2020. To realize the tax-free money growth, don’t hoard cash. Start maximizing your…

Read more »

Dividend Stocks

Canada Revenue Agency: $400 Tax Write-Off for At-Home Workers

More Canadians can reduce their tax liabilities by claiming the $400 work-from-home tax deduction. If you seek a dividend-growth stock…

Read more »

Dividend Stocks

Warren Buffett: Stash Your Cash and Wait for a Market Crash

Warren Buffett generally keeps cash, then waits for a market crash. However, he will only invest in businesses he understands.…

Read more »

Dividend Stocks

If You Did These 3 Things Wrong, the CRA Can Take Back Your $14,000 CERB

The CRA’s clean-up drive is ongoing to take back the $14,000 CERB from recipients who wrongfully received the benefit. If…

Read more »

Dividend Stocks

CRA Tax Relief: New $400 Work From Home Tax Write-Off

Since the number of Canadians doing remote work is growing, the new $400 work-from-home tax deduction is very timely. If…

Read more »

Dividend Stocks

Retirees: 1 Easy Way to Boost Your CPP Payments

CPP users nearing retirement won’t benefit as much from the ongoing enhancements. However, they still have one easy way to…

Read more »

Dividend Stocks

Canada Revenue Agency: 1 Gigantic TFSA Mistake to Avoid

You’re underutilizing your TFSA if you invest only cash. Invest in income-producing assets, like Bank of Nova Scotia stock, to…

Read more »

Dividend Stocks

Feeling Financially Fragile in 2020? Here’s a 3-Step Checklist

You can overcome the feeling of fragility and be financially secure by following a three-step checklist. For a recurring passive…

Read more »

Dividend Stocks

Are You Saving Too Much for Retirement?

You can build a substantial nest egg with a comprehensive retirement plan, without necessarily saving aggressively. If you were to…

Read more »

Energy Stocks

2 High-Priced Stocks to Sell Before a Market Crash

Shopify stock continues to be the TSX’s darling, while Imperial Oil stock is surging lately. However, both are high-priced stocks.…

Read more »

Dividend Stocks

CRA Emergency Measures: CRB or EI — Which Is Best for You?

There’s really no material between CRB and EI. Just make sure you meet the eligibility requirements to receive the benefits.…

Read more »

Dividend Stocks

2 Dividend Aristocrats That Could Set You Up for Life

Do you desire long-term income stream minus the stress from market volatility? The Fortis stock and North West Company stock…

Read more »

Dividend Stocks

CRA: Get Your TFSA to $1,000,000 Without Getting Taxed

Don’t dream raising $1 million tax-free in your TFSA because you can work on it. Contribute the maximum yearly and…

Read more »

Dividend Stocks

CRA Tax Relief: If You Have Children, You Can Get $14,004

Tax relief of parents in 2020 are substantial with the one-time top in May and benefit enhancements in July. Families…

Read more »

Dividend Stocks

Canada Pension Plan: Taking the CPP at Age 60 Could Cost You Over $50,000

CPP users who are in a rush to take the pension at 60 must consider the financial consequences first. If…

Read more »

Dividend Stocks

Canada Revenue Agency: 1 Neat New Tax Break You Missed in 2020

The DNSTC is neat tax-break you shouldn’t miss in 2020. Your qualifying subscription is a big help to QCJOs too.…

Read more »

Tech Stocks

Warren Buffett: Is He Buying IPOs like Airbnb (NASDAQ:ABNB)?

Warren Buffett doesn’t usually buy high-profile IPOs, even if people have gotten rich from them. From the TSX, include the…

Read more »

Tech Stocks

Market Crash: Sell This 1 Overvalued Stock

Kinaxis stock is among the TSX’s top performers in 2020. However, the tech stock is overvalued and insanely expensive. A…

Read more »

Dividend Stocks

Retirees: Turn Your RRSP Into a RRIF to Pay Less CRA Taxes When You Retire

Instead of withdrawing your RRSP lump sum when it matures, convert it into an RRIF to pay less in taxes…

Read more »

Dividend Stocks

1 Tax-Free Passive Income Source That’s Better Than the OAS or CPP Pension

Use your TFSA to the hilt because it’s the source of passive income that’s superior to the OAS and CPP.…

Read more »

Dividend Stocks

CPP Pension Users: 3 Smart Ways to Avoid the 15% OAS Clawback

With another tax season coming, CPP pension users can use three proven ways to avoid the 15% OAS clawback. If…

Read more »

Dividend Stocks

CRA Tax Increase: Your Fuel Costs Will Rise Drastically!

Canadians must prepare for higher fuel costs if the plan to further increase carbon tax pushes through. Meanwhile, the Parkland…

Read more »

Dividend Stocks

$13,000 CRB Until Sept 2021: No Canadian Left Behind

The $13,000CRB is the direct replacement for CERB and will be available until September 2021. Canadians with excess funds can…

Read more »