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Withdrawing from RRSPs
Withdrawing from your RRSP is usually discouraged as withdrawals are meant to happen when you’re in retirement and at a much lower tax bracket. Your options are as follows. […]
Save on Tax with Principal Residence Exemption
Have you thought about one of Canada’s most valuable tax breaks? You could be exempted from paying tax on the sale of your home by taking advantage of the principal residence exemption. […]
Stress Tests & Home Ownership
Stress testing is an important tool that financial institutions utilize to make sure that you’re able to meet your mortgage obligations as interest rates rise. […]