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Category: Financial Investment Tax
We share financial, investment, and tax related information you may encounter while living in Canada.
If you are curious about tax and investment information that you need to know as an employee in Canada, check out the shared information!
hello. This is Mickey Hani. Recently, my personal interest in AI (Artificial Intelligence) has been increasing. AI has been a hot topic for quite some time, but personally, I thought it was not showing the same level...
hello. This is Miki’s Honey, MikiHoney. I’m planning to start a stock investment series using only Canadian ETFs. First, I’ll explain the general overview and reasons, and then gradually share it whenever I buy or sell...
I didn’t think there was anything more to talk about, but then a thought occurred to me. FHSA (First Home Savings Account) This didn’t apply to me, so I wasn’t paying attention, but if...
hello. Miki’s Honey, this is MikiHani! This time I would like to talk about taxes. Income Tax Office workers who do not run a business have very limited ways to save on taxes. Unlike business owners,...
hello. This is Miki’s Honey, MikiHoney! To buy stocks or other financial products, you must open an investment account with a stock broker. Here I will compare the three Stockbrokers I have used. TD Direct...
hello. This is Miki’s Honey, MikiHoney. If you exclude stocks as a financial investment product, there are Bonds and the safer GIC (Guaranteed Investment Certificate). GIC GIC is a product where a bank pays interest...
hello. This is Miki’s Honey, MikiHani. When investing with an RRSP or TFSA, you can invest indirectly or directly. Indirect investing usually involves investing in mutual funds. The fund manager increases your money by buying and...
hello. This is Miki’s Honey, MikiHoney. Tax Free Saving Account, aka TFSA! TFSA is a very useful and important program for employees in many ways. Currently, a maximum of $88,000 can be saved per adult, and...
hello. This is Miki’s Honey, MikiHoney. The most expensive thing that an average employees buys in life is usually a house. Other than a house, there is no object other than a house that you purchase...
hello. This is Miki’s Honey, MikiHoney. Canadian employees must make good use of their pension and make financial investments. The pension system is a system in which the government creates various institutional mechanisms to help citizens...