How to pick the best Canadian index funds

How to pick the best Canadian index funds

Canadian index mutual funds were among the better financial innovations to come along in the past few decades, but in 2017, ETFs may well have eclipsed them.
Canadian index mutual funds are specialized mutual funds that aim to equal the performance of a Canadian market index,… Read More

Capital gains in Canada: How to do smart tax-loss selling

Capital gains in Canada: How to do smart tax-loss selling

Use tax-loss selling to offset your taxable capital gains in Canada.
Tax-loss selling (or tax-loss harvesting) occurs when you deliberately sell a security at a loss in order to offset capital gains in Canada.  You can then use these losses to offset your taxable capital gains.

In… Read More

The Ins and Outs of Capital Gains Tax for Investors

The Ins and Outs of Capital Gains Tax for Investors

Capital gains occur when an investor sells an asset. To calculate capital gains, the total of the adjusted cost base (ACB) is subtracted from the proceeds of the sale. The adjusted cost base of the shares is equal to the cost of the shares plus… Read More

3 ways to cut your capital gains taxes

3 ways to cut your capital gains taxes

Cutting your taxes through capital gains is a very smart financial planning strategy.

Did you know that Canadian capital gains taxes are actually taxed at a much lower rate than interest? This is a huge advantage to investors and can substantially… Read More