Disability Tax Credit (Easy-to-Understand Guide with life examples)
If you or someone in your family has a severe and prolonged disability, you should check out the Disability Tax Credit. The disability tax credit (DTC) is a non-refundable tax credit....
Who can be the Qualifying Family Member of an RDSP? (2023 Update)
Ever since the announcement of the recent Federal Budget, I’ve been keeping a close eye on the latest news to ensure that more families are fully informed about its potential impact. If you recall,...
What was up in 2022? Could they be your RRSP choices this year?
As you have witnessed, the investment market was extremely volatile last year. And it was mainly due to multiple global crisis events. The war between Ukraine and Russia The rise of...
This morning, I was talking to a long-term friend. She's a member of the Village Eulogia. (A few months ago, I also had a chance to host an RDSP workshop for them and met with many wonderful...
I work with many parents with disabled children. One of the questions that often comes up is how the parents can transfer their assets to the disabled child when they pass away. Many of...
So I was just reading the Disability Tax Credit (DTC) application this morning. The government seems to have widened the criteria for mental functions and life-sustaining therapy. On the...
