Stop Spending Money on Bank Fees
Banking and saving fees is a constant battle for consumers, and ensuring you pay the least for your fees (if not zero), should be your goal.
Canajun Finances
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Why Waiting 6 Months to Update Your Financial World is a Bad Thing
Thanks to an illness, I let my financial world slide a little (not just this web site). This all started around November (right after I went to a financial blogging conference). The whole episode has… Read More »Why Waiting 6 Months to Update Your Financial World is a Bad Thing
We Shall Remember, Paradise Papers, Tax Cheats and #MoneyTalk #FLM2017
Tomorrow is Remembrance Day in Canada (and it is Veteran’s Day in the USA), and we should all remember the sacrifice others have made for our freedoms. The day may fall on Saturday this year, but take some time to think about those who have paid the ultimate price.
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The government has been making getting a Disability Tax Ceritificate much harder. Currently they are arguing that folks with diabetes are not actually disabled, because they have a workaround with insulin. I don’t’ agree with this statement, but I doubt that will change the CRAs minds.
Many folks with children that are on the autism spectrum are having issues getting their DTCs, as well. I have said all along this is not an easy process, and the CRA has been scrutinizing applications even more. They have been taking a very close look at applications “helped out” by certain firms, that offer their services to apply for the DTC. There are many stories of specific Doctors having all their DTC applications rejected due to their voluminous work in that area.
Why is the government doing this? More income seems to be the reason.
With the leak of the Paradise Papers, we now see a litany of Canadians who have used offshore tax havens to hide their riches. Will the CRA scrutinize these nefarious tax evaders? I hope they show as much vigor in following up with these folks as they have with the disabled “tax cheats” out there.
My Recent Writings
A busier week for me, where I had two different articles.ODSP and RDSP Services that Clash, came out of a presentation I attended about RDSPs. I ended up asking my PMP about how it works, and the response is fairly clear. Given how the ODSP works, I suspect I may be writing more about this topic.
Investment Risk Profiles are a real pain in my rear. I continue to wrestle with these questionnaires, and they really do just seem to be something the lawyers concocted.
Micro Blogging on Finance
Do you complain on-line using social media? I rant a lot, and end up with folks from companies confronting me, but I haven’t used social media much, yet.
Investment Risk Profile
The investment risk profile is important for the investment firm’s lawyers, but does it really do any good for the customer? That can be debated.
ODSP & RDSP Services that Clash ?
Do the ODSP (Ontario Disability Support Plan) and RDSPs complement each other or do they clash? They work together but in a tightly controlled way.
