Image Source: 123rf.com President Donald Trump declared economic war on two of America’s closest allies and three largest trading partners this weekend. The quick response of U. S. allies Canada and Mexico were counterattacks. As a result, there will be economic casualties. You may be one. Mexico was hit with a 25% tariff on all…
Or is, anyway, to those of us who own shares of ParkerVision. The plot, it seems, thickens. You may recall that a jury unanimously awarded PRKR $173 million in damages against Qualcomm in 2013. After all, they were shown internal emails from Qualcomm senior executives like this one, in 1999, that said: “The truth is ParkerVision have stumbled…
The problem is the legislation never passed. Following Prime Minister Justin Trudeau’s decision to prorogue Parliament in early January, the Canada Revenue Agency (CRA) encouraged taxpayers to proceed as if the tax change was happening, even though it seemed unlikely to become law. Now, there’s a new update. The federal government has deferred the implementation…
Image Source: 123rf.com Refinancing your mortgage can be a smart financial move. However, you need to consider the timing. Interest rates, your personal finances, and future goals should all be taken into consideration. So, if you are wondering, “When should you refinance your mortgage?” you need to keep these seven things in mind. 1. Interest…
Canada response to the U.S. tariffs on Canadian goods Associations representing everyone from farmers and miners to homebuilders and restaurant owners spent Sunday speaking out against the tariffs—25% on Canadian goods and 10% on energy—which are both slated to take effect Tuesday, when Canada’s own package of retaliatory tariffs starts to kick in. Canada’s retaliation,…
GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of…
Some provinces are bringing new rules into force to support gig workers through increased compensation. Last year, British Columbia became the first province or territory to set minimum labour standards for app-based gig workers, such as rideshare drivers and food delivery workers. These regulations introduce protections, including a minimum wage, for gig workers in the…
The data was provided by ETF Market Canada CBOE on January 31, 2025. CBOE tracks more than 1,500 ETFs. And here the MoneySense ETF screener tool is 100 of the top performing ETFs based on a one-year return. We encourage investors to look under the hood of ETFs before purchasing. For even more data on…
How are capital gains calculated? How are they taxed? Before we dive into the tax part, let’s go through how to calculate capital gains on the sale of a property. Essentially, this calculation figures out how much the property’s value grew from when you first bought it to the day you sold it. This above…
LeBlanc’s Friday announcement seeks to deliver clarity to these Canadians and appease the many critics, including executives from tech darling Shopify Inc., who saw the capital gains hike as a way to drive innovation and talent out of the country. LeBlanc’s announcement included increasing the lifetime capital gains exemption to $1.25 million from the current…
