…spot fraudulent websites. On this page you’ll find How do fraudsters use fake websites? How can you spot fake websites? Summary How do fraudsters use fake websites? You may receive…
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Educational assistance payments (EAPs)
…up of the investment earnings and government grant money in the RESP. On this page you’ll find How EAPs work EAPs from group plans How EAPs work To qualify for…
What to expect from an advisor
…advisor Guarantee market performance. Buy or sell investments with unclear instructions. Achieve unrealistic expectations of profit or always recommend profitable products. For more information about working with an advisor, read…
Insuring a home-based business
…complete your work and leave. Examples: personal trainers, housekeepers. 4. Using your car for business purposes You’ll need special car insurance. 5. Claims against products you sell You may need…
How to buy and sell stocks
…give you, and for buying and selling stocks. Discount brokerages – These tend to be online firms. You’ll pay lower commissions because you don’t get advice or help choosing investments….
How Group RRSPs and Group TFSAs work
…to a RRIF), used to buy an annuity, or taken in cash (it will be taxed as income in the year you receive it). Summary Group RRSPs and TFSAs work…
Investing as a small business owner
As a small business owner, you work hard for your money and your money should work hard for you too. Here are some financial tips for your business and your…
Understanding group RESPs
…document that describes how the plan works. On this page you’ll find How group plans work Making contributions How your money is invested What happens when the plan matures If…
5 common mistakes to avoid on your tax return
…only use line 232 to claim allowable amounts not deducted anywhere else on your return. You can’t use this line to claim personal or living expenses that are not legitimate…
If your child doesn’t continue their education
…Under specified plan rules, RESP accounts for beneficiaries eligible for the disability tax credit can stay open for up to 40 years. Group RESPs have different rules and restrictions, so…