Use this free Excel budget template in Canada - MoneySense
WEBFeb 14, 2024 · Instructions: Click the link or image above to download the spreadsheet tool. Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.”. You ...
Capital gains tax in Canada, explained - MoneySense
WEBAug 8, 2024 · Capital gains tax highlights. The capital gains inclusion rate changed as of June 25, 2024. For individuals, the inclusion rate is either 50% or 66.67%, depending on the size of the capital gain ...
How it works: Capital gains tax on the sale of a property
WEBMay 3, 2024 · For individuals with a capital gain of more than $250,000, they will be taxed on 66.67% of the gain as income—up from the current 50% rate, according to Budget 2024. This inclusion rate change ...
RRIF and LIF withdrawal rates: Everything you need to know
WEBMar 6, 2024 · 20% (10% for Quebec) on amounts over $5,000. 30% (15% for Quebec) on amounts over $15,000. For Quebec residents making extra RRIF withdrawals, 14% provincial withholding tax applies in addition to ...
The best streaming services in Canada: The value of each—plus a …
WEBMar 11, 2024 · 1 streaming service (Netflix standard with ads): $5.99 per month. Rogers and Bell basic cable packages: 25 to 35 channels, $25 per month. 2 streaming services (Netflix + Prime): $15.98 per month ...
TFSA contribution room calculator - MoneySense
WEBAug 9, 2024 · Your contribution room is the total amount of the following: The TFSA contribution limit for 2024 is $7,000. If you turned 18 before the year 2009 and have never contributed, your maximum lifetime ...
How much are solar panels in Canada? - MoneySense
WEBMar 27, 2024 · To give you an idea of how the cost of installed solar systems can vary across the country, the website Energy Hub pegs the average price at $3.01 per watt, which in turn adds up to $22,500 for a ...
Your complete guide to getting the best car insurance in Canada
WEBMar 28, 2024 · On average, Canadian drivers spend $1,142 per year on car insurance. Drivers pay the most in British Columbia (where the average cost is $1,832 per year) and the least in Quebec ($717 per year ...
Fixed or variable mortgage rate: Which should you choose in 2024?
WEBJan 16, 2024 · Hogue says we should see a drop in fixed mortgage rates before we see a decrease in variable mortgage rates—in fact, fixed rates have already started to fall. “Bond yields will [continue to ...
Best life insurance in Canada for 2024 - MoneySense
WEBAug 15, 2023 · To give you an idea, the table below shows the average life insurance costs for a 35-year-old in good health, seeking $500,000 in coverage. The figures are based on data from Ratehub.ca, a rate ...