From children’s sports activities and home renos to simply driving around, life is about to get more expensive in Ontario.
BY TINA TEHRANCHIAN
On July 1, the Ontario government will introduce the new Harmonized Sales Tax (HST). This means that certain purchases that were only subject to the 5% Goods and Services Tax (GST) before this date, will [...]

An office in the home is important for many people because of the convenience and economy that it offers.  To the extent an office is operated out of an individual’s home, a certain amount of house-related expenses may be tax deductible against the income generated.
There are three types of individuals who can claim expenses related [...]

The government introduced Tax Free Savings Accounts (TFSAs) in the 2008 Federal Budget but will Canadians use these accounts? Will people be encouraged to save more money with the introduction of TFSAs? All I know for sure is I plan to maximize my $5000 contribution in 2009.
Unfortunately, statistics show people are not saving money and [...]

Joint life insurance is a single insurance policy taken out on 2 people, typically husband and wife. Both parties own the policy jointly and are insured for the same amount, but the benefit is paid out only once.
Policies can be either first-to-die or second-to-die. In first-to-die, the benefit is paid to the surviving spouse; in [...]

The recent downturn in the economy has prompted many companies to impose
hiring freezes, making independent consultants fashionable and economical again for
Canadian employers who need highly skilled professionals to complete very specific tasks while
maintaining the flexibility to trim their payroll costs.
According to a KPMG study, up to 41 per cent of a company’s gross annual payroll [...]