Relax—You Have an Extra Month to File Your Taxes
The annual deadlines to file and pay taxes have been extended By Erika Morris Photo: iStock/Osarieme Eweka. The federal and…
Rights & Money
You May Be Able to Defer Your Mortgage Payment
To help customers cope during the pandemic, Canada’s big banks say they’ll let you put off making mortgage and credit-card payments. By Erika Morris Photo: iStock/srpphoto. Canada’s “Big Six” banks—TD, Bank of Montreal, CIBC, National Bank of Canada, RBC Royal…
Claiming Medical-Expense Tax Credits
If your medical expenses amount to a tidy sum, they can earn you a non-refundable tax credit. Here’s what you…
Two Insurers Stop Reimbursing for COVID-19 Trip Cancellations
Now that the coronavirus is a “known” problem, you probably won‘t be reimbursed if you cancel your trip because of…
Airlines Lose Bid to Suspend Passengers’ Rights Rules
Canadian airlines are appealing the regulations that require them to compensate passengers Photo: iStock/Mimadeo. The Federal Court of Appeal…
Three-Quarters of Canadians Are Worried About Their Jobs
New survey results show that only a third of Canadians are optimistic about their future quality of life By Erika…
New Law Will Prevent Senior Couples From Being Separated
Nova Scotia will enable couples to stay together in long-term care even when they need different levels of care By Erika…
Is Money Waiting for You on CRA’s Website?
The Canada Revenue Agency is holding unclaimed cheques for Canadians who may not know about them By Erika Morris …
Lump Sum or Monthly Payments?
Should you take your pension money and run? It depends By Okey Chigbo Photo: iStock/scyther5. If your employer offers a…
Why You Might Choose Not to Claim Donations
Your charitable donations will get you a tax credit, but it’s sometimes better to put off claiming that credit …