Questions tagged [canada]
For questions that relate to the financial laws, practices, and products of Canada.
1,499
questions
3
votes
2
answers
37k
views
What's the difference between a Chequing account and a Savings account?
Because I know you can draw cheques from a savings account, so what gives?
6
votes
2
answers
504
views
Is there a (legitimate) website on which I can check to see if I have any unclaimed money from past bank accounts?
It may seem silly, but I wonder if I've got a bank account out there in which I have unclaimed money. Wouldn't that be cool? How can I check?
10
votes
6
answers
192k
views
Ontario harmonized sales tax (HST) transition benefit rebate cheques / OSTTB: Who, when, how much?
As part of introducing the HST this July 1st, 2010, the government of Ontario promised to issue special HST rebates to people meeting certain criteria, in order to ease the transition to the new tax.
...
8
votes
3
answers
468
views
If I volunteer to give back to my community, is there a monetary amount assigned to my time, to act as an Income Tax Deduction?
Is there a value that can be assigned to my time, i.e. an hourly rate, so that I can be given a receipt to remit to CRA come Income Tax Filing time? I live in Canada.
3
votes
2
answers
5k
views
Can vet / veterinary bills be considered deductions (tax-deductible) for Income Tax purposes [Canada]?
When I gathered all my 2009 receipts in preparation for my Income Tax filing, I came across a large number of expenses incurred for my pets. Are these expenses tax-deductible?
3
votes
1
answer
1k
views
My Ontario small business collects only PST (beneath GST threshold). How will HST affect me?
I own a small business in Ontario
and make less than $30,000 per year.
I only charge the PST
Will I be affected by the new HST
and if so, how ?
====================
Also:
If the PST is going ...
4
votes
2
answers
6k
views
Ontario gas prices & HST: What will happen to prices at the pump on July 1, 2010?
When the HST comes into effect on July 1, 2010 will gas prices at the pump be affected immediately?
2
votes
1
answer
170
views
What are good strategies to maximize cross border shopping benefits? [Canada]
Depending the length of one's visit to the US from Canada there are different limits and different exemptions. This also assumes that the price discount is worth it. What strategies have people ...
8
votes
2
answers
2k
views
Is there something similar to Mint.com for Canada?
Mint.com sounds like an interesting service, but it doesn't look like it works in Canada. Is there an alternative for us?
1
vote
1
answer
6k
views
Child care expenses: How much deduction can be claimed on tax return? [Canada]
How much deduction can be claimed for child care expenses on a Canadian income tax return, for 2009?
Does it vary by province?
Are receipts required to claim a child care expenses deduction?
3
votes
1
answer
868
views
How do LIRA/LRSP's differ from RRSP's?
I have heard of
Locked In Retirement Accounts (LIRAs) also known as Locked-in Retirement Savings Plans (LRSPs)
Registered Retirement Savings Plans (RRSPs)
How are they different and what are the ...
7
votes
2
answers
5k
views
Is there a free online credit report service in Canada?
This question refers to the AnnualCreditReport.com service in the United States.
Similarly, is there a free online credit report service in Canada?
2
votes
1
answer
534
views
Canada: New mortgage qualification rules, 2010: Why, what, & when in effect?
Earlier today, the Canadian federal Finance Minister Jim Flaherty announced new mortgage qualification rules for Canada.
Why were new rules introduced?
What are the new rules being introduced, vs. ...
2
votes
2
answers
575
views
Group (pooled) RESP plans in Canada: Education savings advantages & disadvantages?
I'm familiar with the Individual and Family types of Registered Education Savings Plans (RESPs).
There's also a third type: Group (pooled) RESPs, which I mentioned in this answer. I didn't provide ...
3
votes
2
answers
8k
views
What's the maximum income one can have and not have to file a tax return? [Canada]
I'm starting a home-based business and make very little. Do I have to worry about income tax?