The effect of the Canadian federal government deficit on real interest rates : theory and evidenceDurrans, Richard
Investing in Canadian Dividend Kings (sometimes known as Dividend Aristocrats) tends to come back into fashion when bond yields and GIC rates start to go down. With safer assets generating so little income, dependable dividend payers begin to look more and more attractive. Of course, sta...
Dividend income is all tax free if it is within an TFSA or RRSP. If we are talking about Canadian dividend income in a non-registered account, then one has to take into account the provincial and federal dividend tax credits. I’ll describe the math behind the dividend gross up and then...
Note:According to aGlobe and Mail story from December, QPP tax rates are also being increased this year, as employees will be required to “pay $4,348 into the QPP in 2024” Increase coming to the federal carbon tax As a result of an increase in Canada’s federal c...
Despite the popularity of lottery online, it’s still illegal in some states, and the US federal government is still working to regulate it. Currently, only seven US jurisdictions allow players to purchase state-regulated lottery tickets online. The process of legalizing lottery online is a compl...
Buying and selling property in 2023 might not be an enjoyable ride. In fact, we need to be aware of the boiling issues affecting real estate in Costa Rica and the entire world. From inflation and interest rates to supply chain disruption, various factors can impact the market dynamics. In ...
Canadian Income Tax and Financial Information We createdPaycheckGuru.comin order to give you a summary of the Canadian tax system. We created detailed tables about thetax bracketsand the marginal tax rates of each province and territory, but if you find it too difficult to understand, you can ...
It is paid for out of the federal treasury from the income taxes collected from all Canadians, and distributed to those provinces who fall below the threshold of fiscal capacity to have equal programming. Even more to the point, while not raised in the CBC piece, fiscal capacity has nothing...
and research & development are expected to be involved in these cutbacks. The business anticipates a net cash change reduction of less than $5 to $10 million in the fourth quarter of 2023. However, they expect a positive net cash change in 2024. Stable interest rates and little impact fro...
If a company pays $20 dividends per share, investors will claim $20 x 1.38 = $27.60 per share, and the Federal Dividend Tax Credit will partially offset this gross-up. The grossed-up amount is included in the taxpayer’s income tax form as taxable income. Canadian federal and provincial ...