For many of us, the RRSP contribution we make every year is viewed mainly as a way to reduce taxes payable, without a great deal of focus on what will be done with it in the future. With an aging population, the focus is beginning to shift to turning those years of savings into an… [Read More]
Posts from ‘Work & Money’
Turning your RRSP’s into Retirement Income
Posted on May 3rd, 2013 | 0 Comments
Returning to Work After Treatment?
Posted on July 12th, 2011 | 1 Comment
Returning to work after cancer is often filled with emotions. For many, going back to work is a welcome experience – back to a familiar routine, cancer treatments are starting to end, and it’s a time to connect with colleagues and gain a sense of confidence and satisfaction from being back at work. For others,… [Read More]
Exercise Can Improve Your Workplace Performance
Posted on May 3rd, 2011 | 0 Comments
One of the biggest fears that you may face when planning your return to work is being able to perform your duties at the same levels as before your diagnosis. This concern might stem from many factors, including physical fatigue or ‘chemo brain’ (also called ‘brain fog’) which is a term used to describe cognitive… [Read More]
Advocacy Efforts to extend EI Caregiver Benefits
Posted on April 25th, 2011 | 1 Comment
In February 2011, the Canadian Cancer Society presented their findings from an online survey they conducted in January 2010. Over 2,000 randomly-selected Canadians over the age of 18 were included in the survey. The results found that a very high majority – 88 percent – said that providing care for a family member would have… [Read More]
New Employment Insurance Program for self-employed people
Posted on April 18th, 2011 | 2 Comments
Starting in January 2011, self-employed people in Canada will be able to access Employment Insurance (EI) Special Benefits (maternity, parental, sickness and compassionate care benefits). In order to be eligible for EI special benefits, you must be: • A self-employed person • A Canadian citizen or permanent resident of Canada • Have entered into an… [Read More]
The Disability Tax Credit (DTC) – What Is It?
Posted on April 11th, 2011 | 3 Comments
This is the second posting in the financial tips for cancer patients series. Don’t forget to check back next Monday for another post. The DTC is a non-refundable tax credit used to help reduce the amount of income tax that you might need to pay, and is available to people who have a very severe… [Read More]
Tax Tips for Cancer Patients
Posted on April 1st, 2011 | 5 Comments
It’s tax time again, and many cancer patients have extra medical costs that could be used as a tax credit. On your annual income tax, there is the Medical Expenses Tax Credit. For the 2010 tax year, the credit is $2,024 or three percent of your net income – whichever is less. So if your… [Read More]
