How are dividends taxed? The Canadian dividend tax credit

How are dividends taxed? The Canadian dividend tax credit

COVID-19 volatility has highlighted the power of quality dividends. Here’s what you need to know to answer the question, “How are dividends taxed in Canada?”
How are dividends taxed in Canada? Taxpayers who hold Canadian dividend-paying stocks get a tax break. Their dividends can be eligible… Read More

Planning Ahead: How to execute a tax-loss selling strategy.

Planning Ahead: How to execute a tax-loss selling strategy.

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

TSX ETF investing: 5 tips for successfully picking the right ones

TSX ETF investing: 5 tips for successfully picking the right ones

With all the TSX ETF investments available, it’s not too difficult to diversify your portfolio. Here’s how.
There are hundreds of ETF opportunities on the Toronto Stock Exchange (TSX) sponsored by investment managers like BlackRock Inc., BMO Asset Management and Horizons ETFs Management. The best TSX… Read More