Lifelong Learning Plan (LLP) in Canada 2021
Saving has always been an integral part of our being as we plan towards achieving some great things in life. Whatever you are planning for,…
Category: Life in Canada
How OSAP Grants Work in Canada 2021
Education can cost quite a fortune in some parts of the world, but there are also different means of funding one’s education, including scholarships, student…
CIBC Mutual Funds in Canada Overview
Despite being the smallest of the Big Five in terms of market share, assets, and capitalization, CIBC still punches above its weight with its mutual…
T2201 Disability Tax Credit in Canada
To support people living with a disability, the Canadian government offers some monetary support initiatives. The popular among them are the Disability Tax Credit (DTC)…
RESP Withdrawal for Canadians 2021
RESP is a government initiative that encourages parents to invest in their child(ren)’s post-secondary education. Funds in an RESP account are tax-free and generate an…
Canada FPT Meaning and Payment Dates
At one time or the other, you might have noticed a deposit in your bank account, tagged Canada FPT and wondered what it could mean.…
Income Splitting in Canada Overview
Income splitting can be quite tricky to achieve in Canada because Canada operates a tax system where every individual must report their income and pay…
Vacation Pay in Ontario 2021
Employees worldwide are entitled to some benefits, and these benefits differ from country to country. In Ontario, Canada every employee is entitled to vacation pay…
Termination Pay in Ontario Overview
Getting laid-off from a job is a sad but common occurrence in the corporate world. People get laid-off for numerous reasons, and in a country…
Best Credit Cards for Travel in Canada
Travelling is one of the eventful and rewarding things to do. If you’re one to explore new places, try new foods, experience new cultures and…