financial planning Canada Archives

What Are the Different Tax Brackets in Canada?

Understanding the different tax brackets in Canada is essential for effective financial planning and tax management. Canada’s tax system is progressive, meaning that higher income is taxed at higher rates. Here’s a breakdown of the federal and provincial tax brackets for 2024 and how they impact your finances. Federal Tax Read more…

By Caitlin Lawrence, 8 monthsSeptember 20, 2024 ago

Canada’s New Capital Gains Tax Rules

Steve Levack is here explaining Capital Gains Changes in Canada. Recent changes to Canada’s tax laws could significantly impact your investments. Understanding these changes is crucial for making informed financial decisions. What are Capital Gains? Capital gains are the profits you earn from selling assets such as stocks, real estate, Read more…

By Caitlin Lawrence, 1 yearMay 23, 2024 ago