March 2010
With RRSP season coming soon, you may be starting to think about making an RRSP contribution, or you might be considering contributing to a TFSA instead. Before making your decisions, make sure you understand the tax implications of using Tax Free Savings Accounts. This will allow you to make investments strategically and realize the most ...
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March 2010
In Canada, unlike in the US, mortgage interest on your residence is generally not tax deductible. However, you may be able to arrange your finances so that you can deduct part or all of your mortgage interest on your income taxes. In order to deduct expenses for income tax purposes, they have to be laid ...
Learn more about Taxes and Mortgages »