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RRSP vs TFSA: Which Should You Choose?

Last updated: Jan. 28, 2013 
A 2012 BMO study, conducted by Leger Marketing, found that while about two-thirds of Canadians are knowledgeable about registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs), 40% of Canadians remain unclear on the differences between the two. Do you know the differences? Do you know which works best for … Read more

Canada Revenue Agency Discontinues TELEFILE

Last updated: Jan. 21, 2013 
Canada Revenue Agency (CRA) has announced that it is discontinuing its TELEFILE service. TELEFILE is a telephone-based service that allows individuals to file simple tax returns over the phone. Canadians are still able to file individual tax returns over the Internet using the CRA’s NETFILE service.  If you are looking for assistance … Read more

Ontario Construction Businesses impacted by WSIB Bill

Last updated: Jan. 7, 2013 
If you have workers or not, Bill 119 will impact you. This new legislation brings significant changes for all construction business owners, contractors and subcontractors.  Starting January 1, 2013, nearly everyone working in Ontario in the construction industry must have workplace safety and insurance coverage from the Workplace Safety and Insurance … Read more