Recent Articles

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…

Read more »

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…

Read more »

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…

Read more »

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.…

Read more »

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,…

Read more »

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.…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

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…

Read more »

Dividend Stocks

A CPP Pension Increase in 2021 Could Mean a Smaller Paycheck for You

Look at upside even if your paycheck in 2021 will be smaller due to the CPP enhancements. In the run-up…

Read more »

Dividend Stocks

What a Joe Biden Victory Means for This 1 TSX Stock

Joe Biden’s administration will prioritize the fight against climate change. It’s also a positive development for renewable energy companies. The…

Read more »

Dividend Stocks

If You Did This 1 Thing Wrong, the CRA Can Deny Your $500 CRB Payments

The CRA can reject a CRB application and deny the $500 payments if you do one thing wrong. If you…

Read more »

Coronavirus

Air Canada (TSX:AC) Stock Surged Over $20: Buy or Sell?

News of potential government aid and vaccine development was the reason why the Air Canada stock popped 29% in November.…

Read more »

Dividend Stocks

CRA: Did You Claim the $400 GST Emergency Payment in 2020?

Canadians eligible for GST should have claimed the $400 emergency payment in 2020. You can earn the same amount, not…

Read more »

Dividend Stocks

CPP Pension Users: Your CPP Contributions Could Soar by 9.2% in 2021

CPP contributions will soar by around 9.2% in 2021, but should benefit future beneficiaries. Soon-to-be retirees can double their lifetime…

Read more »

Dividend Stocks

Market Crash 2020: Did Biden’s Victory Increase the Odds of a Canadian Recession?

Canada welcomes the election of the new POTUS, although his victory could still deepen the country’s recession. Investors are closely…

Read more »

Dividend Stocks

Canada Revenue Agency: How to Avoid Penalties to the $2,000 CRB

Determine your eligibility before applying for CRB, because the CRA is strict and can take back the money or penalize…

Read more »