The Basics of the Smith Manoeuvre

In the United States, mortgage interest is tax deductible if you meet certain qualifications. However, mortgage interest isn’t tax deductible here in Canada. That doesn’t mean that there aren’t a few cool tricks that you can use to improve your tax situation, and that includes turning your mortgage interest into something that could be tax Read more about The Basics of the Smith Manoeuvre[…]

60 through 70: At what age should you start taking CPP?

The standard age for starting Canada Pension Plan retirement benefits is 65. However, you can take a reduced benefit as early as age 60 or receive larger benefits by waiting as long as age 70.This calculator offers a rough estimate of whether to it makes sense to take CPP early, at 65 or delay. A Read more about 60 through 70: At what age should you start taking CPP?[…]