Ontario woman needs urgent boost in income to be able to retire at 70

Situation: Woman in mid-60s fears she is not ready to retire and maintain her modest way of lifeSolution:...

Ain’t no party like an OAS party: Retirement guru Jonathan Chevreau on turning 65

Age 65 is really just a number.Illustration by Chloe Cushman/National Post files I’ve been writing about retirement and personal...

New romantic partners can be dragged into the fray in support disputes

Illustration by Mike Faille/National Post Family law disputes are usually disputes between former spouses.  But doubtless to the chagrin...

Time running out for couple with big age difference, a pile of debt and...

Situation: Couple, ages 58 and 41, has a lot of debt and a low net worth for their...

Getting shipwrecked on T1135 island an unpleasant fate for taxpayers

File this form late and you risk a $25 a day fine, up to $2,500 a year — and the CRA is relentless.

Three ways to leave a legacy through charitable giving

Prince Harry and Meghan Markle have requested that their wedding guests forego traditional gifts in favour of charitable donations.John Rainford/

What you need to know about deducting interest on your taxes for investment loans

Under the Income Tax Act, interest is deductible if “paid on borrowed money that is used for the purpose of gaining or producing income.”Illustration...

Millennials are already feeling the pinch of higher interest rates and spending less

A survey found that 30 per cent of Canadians under 35 say higher interest rates are having a negative impact on their personal spending.David...

With low income and little savings, selling rental property this couple’s best bet on...

Situation: Low earned income, low investment returns and hefty disability payments keep couple afloat.Solution: Raise investment income, extend...

Disappearing credits, principal residence sales and more things to watch for as you fill...

If you’ve been scouring your 2017 tax return looking for the line in which you enter your kids’ soccer registration fees, you can stop....
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