Posts Tagged ‘taxes’

Getting ready for Tax Time

Posted on February 10th, 2014 | 2 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 2013 tax year, the credit is $2,152 or three percent of your net income – whichever is less. So if your… [Read More]

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]