“Christmas in July”: it was a popular phrase in the summer of 2015. A federal election was nearly upon us and the old Conservative government had decided to increase our child benefits. The increase in the benefits was paid out on July 20, 2015 and was retroactive to January 2015 so those of us with… Read More Got Kids?…Then Your Gov’t Cheque is in the Mail…The Sequel!
If you’ve been following the news these past few weeks, you probably know that there are big changes coming to our taxes here in Canada. A middle-class tax cut, no more income splitting, tax increases to the wealthy….what it all means to your family is only the first of many loaded questions I’ve been asked about recently. These loaded questions can… Read More The Family Tax Series: “My New Child Benefits Are How Much??!!”
Author’s note: If you followed a link directly to this post, don’t forget to check out the follow-up blog post on income splitting! Due to popular demand (thanks to the 3.5 people who asked for a follow-up!)….I give you a Tax Plan Showdown: Harper’s UCCB increase vs. Trudeau’s reinvention of the way we receive child benefits.… Read More The Politics of Deception: Harper vs. Trudeau, a Tax Plan Showdown!
Tax time really is the most wonderful time of the year! While that may sound sarcastic coming from an accountant (and don’t get me wrong, it’s 92% sarcastic), it also means I get a few minutes to catch up with tax clients who I only get to see once per year. I get updates on… Read More Tax time: The Most Wonderful Time of the Year!
Gotta be honest. I’ve never had quite the reader reaction to a blog post like I’ve had to last week’s post on daycare fee increases. Out of around 130,000 parents in Quebec with kids in $7/day daycare, around 2% of them read my post during the past week! Craziness. So thanks for reading and thanks to… Read More The Death of $7/Day Daycare in Quebec: What Do I Do??
I’ve said time and time again that I’m a logical guy. I guess it’s the accountant in me…but now that I’m a Father and husband (yet still an accountant at heart), my logic extends to the society and people around me, trying to right the wrongs of the world and making my daughter’s future (hopefully… Read More The Big Day: Budget 2014 – The Budgetpocalypse!
For the average Canadian, the decisions about where to invest extra cash can be overwhelming to say the least. So many acronyms…RRSP, RESP, TFSA, need I go on?? Many people rely on experts in select fields to help them make these decisions, while many self-educate and make the decisions themselves. Whichever category you fall into,… Read More RRSP…WXYZ! Chapter 4: The Big Decisions About Where to Invest Your Money
As I began writing this 3rd installment of my month-long RRSP bloggage, my wise and all-seeing wife (blog plug for Adventuresofmamakujo.com!) pointed out that I made a very large assumption when I began writing these posts. I assumed that my readers actually knew what an RRSP was and the basics of how it works! The… Read More The RRSP: A Beginner’s Guide…the ABC’s of the RRSP!
For this week’s installment (pun intended) of the ABC’s of the RRSP, I’ll try and answer a few age-old questions: Does God exist and, if so, why did he allow the creation of Revenu Quebec? Why don’t ALL toilet seats have that mechanism built-in that makes it go down slowly and how does it do… Read More The RRSP…QRSTUVWXYZ!! Chapter II – What’s that do anyhow??
For the next month, our blog focus will be the RRSP: Everyone’s favourite topic of conversation during the month of February! Why is the RRSP just a great subject for this time of the year, you ask? Well, there are several reasons, the top 3 being: It gives us guys something to worry about in… Read More Tax Tip Tuesday: The ABC’s of the RRSP…QRSTUVWXYZ!!