How to calculate your capital gains tax

How to calculate your capital gains tax

Do you have to pay capital gains tax for the 2017 tax year? Here’s the general path to figuring that out
When you sell any stock outside of an RRSP or RRIF, you must pay capital gains tax if you’ve made a profit on the sale. Determining your capital gains… Read More

Trading with a discount broker could actually cost you money

Trading with a discount broker could actually cost you money

In 2020, trading online through a discount broker, rather than with a full-service broker, is increasingly the preferred option for many investors. But risks remain.
The main advantage of switching to a discount broker is lower commissions. And commission rates can be even cheaper if you… Read More

The hidden dangers of online trading

The hidden dangers of online trading

It doesn’t get as much play in the media as it did a decade ago, but even in the volatile market of 2020, online trading carries hidden dangers that aren’t always evident at first.
The main risk comes from the fact that online trading may seem… Read More