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Archive for November 2018

Weekend Reading: TFSA Limit Increase Edition

The federal government released its ‘Indexation adjustment for personal income tax and benefits amounts’ (IAFPITABA), which shows the increases to 2019 tax bracket thresholds, plus increases to income-tested benefits like the GST credit and Canada Child Benefit. These increases are tied to inflation using Consumer Price Index data from Statistics Canada, which pegged inflation at…

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Is Renting Throwing Away Money?

Young people face a lot of pressure from their parents and peers to own a home. Canadians in general have a high rate of home ownership at 69 percent, and in many cases homeowners have seen tremendous growth in real estate prices for the past few decades. For these reasons many people believe home ownership…

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