There is a great comment discussion in a recent post about it being an ideal time to purchase your first home.  With real estate being a hot issue these days, the discussion evolves to a topic which everyone has a different opinion.  That is, if home ownership (principal residence) is considered an investment. Here’s my…

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I’ve brushed on Capital Cost Allowance (CCA) before when discussing rental property tax deductions and the CCA schedule for the purchase of a computer in 2009.  However, as it can be a fairly complicated topic, I thought I would write a primer and explain the basics of CCA. Capital Cost Allowance is basically the fancy…

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Top 5 Articles of Feb 2009 RRSP Tip: Carry Forward Your RRSP Tax Deduction – This may be a little known fact for some investors, but you can optimize your RRSP contribution tax deduction by carrying it forward to a higher tax year. Check out the article for some examples of how this strategy would…

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While writing about delaying gratification to save money,  it got me thinking about another saving strategy that we use on a day to day basis which helps on those instant gratification urges while shopping. Frugal Tip: While shopping, before buying something over $100 (or whatever your budget allows), make sure to wait 24 hrs to…

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