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 ...
Canada’s income tax brackets for 2023, plus the maximum tax …
WEB56% (36% + 20%) For 2023, if your base provincial tax is up to $5,315, you won’t pay a surtax. If your base provincial tax is from$5,315 to $6,802, you pay 20% on the portion of provincial tax ...
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 ...
What is comprehensive insurance and what does it cover?
WEBMay 20, 2022 · It covers damage to your vehicle when you bump or crash into another car or an object, such as a street sign, guardrail or trailer. It’s also got you covered if your vehicle rolls over on the ...
Best EVs in Canada for 2024 - MoneySense
WEBNov 29, 2023 · Currently, 20 automakers sell EVs in Canada. Some sell just a single EV model, like the Mazda MX-30, Volkswagen ID.4, Cadillac Lyriq and Jaguar I-Pace. Others, including Kia, Tesla, Nissan, Ford ...
When to watch out for OAS clawbacks - MoneySense
WEBMar 14, 2018 · Clawback results in your OAS pension for the subsequent year, paid between July 2019 and June 2020, being reduced by 15 cents for every dollar your net income exceeds the $75,910 threshold. If you ...
Are GICs worth it for Canadian retirees? - MoneySense
WEBJan 24, 2024 · Indeed, as of early January, ratehub.ca shows one-year GICs in Canada paying as much as 5.40% but less as you go out to 5-years: typically 4.25%. (Ratehub and MoneySense are both owned by Ratehub ...
How much should I have in my RRSP? - MoneySense
WEBOct 26, 2022 · An individual who deposits $400 monthly starting at age 20 will have more than $600,000 in their RRSP by the time they’re 65 (assuming the 4% rate of return). Those who deposit the same total ...
Top 5 questions about family RESPs - MoneySense
WEBFeb 12, 2024 · Advertisement. Advertisement. 4. Is there a limit to the number of beneficiaries in a family RESP? No, there is no limit on the number of beneficiaries for a family RESP, as long as beneficiaries ...
7 ways the CRA is watching you - MoneySense
WEBFeb 16, 2017 · 7 ways the tax man is watching you. CRA is scouring your social media & donning disguises. Whether it’s through a photo on social media or a casual conversation with a friend, the Canada Revenue ...