Padgett Niagara

05/31/2023

Life in the Tax Lane for May 2023

Paola Matthews May 31, 2023 Life in the Tax Lane, webtip Watch! Life in the Tax Lane - June 2023 Paola Matthews May 31, 2023 Life in the Tax Lane, webtip This FREE 10-minute video for Canadian Tax Professionals includes rapid-fire discussion of select recent developments in the wonderful world of Ca...

05/30/2023

An RDSP can also be set up by an adult eligible for the disability tax credit themselves, to help ensure their future financial security.

TaxTips.ca - Registered disability savings plans (RDSPs), setting up RDSPs, payments into and out of RDSPs, disability assistance payments, RDSP termination

05/29/2023

Is it better to increase your monthly mortgage payment, or contribute the extra amount to an RRSP?

TaxTips.ca - Should you increase your mortgage payment, or contribute to an RRSP?

05/26/2023

Stretch your money during inflation with these 10 tips

Fight high prices with these strategies to save and make more money.

05/25/2023

They're not forecasting a recession. They are forecasting slow growth, but it's small, positive growth. We hope.

Tiff Macklem says he knows Canadians are struggling with creeping grocery bills, spiking mortgage rates and stagnant wages. Nevertheless, he’s asking people to be patient just a little bit longer as high interest rates work to wrangle inflation down and improve the cost of living.

05/24/2023

What is compound interest?

Compound interest is when the interest you earn on a balance in a savings or investing account is reinvested, earning you more interest. As a wise man once said, “Money makes money. And the money that money makes, makes money.” Compound interest accelerates the growth of your savings and investm...

05/23/2023

4 trends all small business owners should be aware of

Here are four trends all small business owners should be aware of in 2023.

05/22/2023

Hope you are enjoying your long weekend!

05/19/2023

The bank's baseline scenario sees the labor market softening as growth slows, easing wage pressure and business price-setting behavior

Canadian inflation risks getting stuck significantly above the Bank of Canada's 2% target, and if that happens the central bank is ready to hike interest rates further, Governor Tiff Macklem said on Thursday.

05/18/2023

Canada’s annual rate of inflation rose in April for the first time since last June, but economists say it’s unlikely the start of another upward spiral.

Mortgage interest costs rose by 28.5 per cent, as more Canadians renewed their mortgages at higher interest rates. Rent also rose, by 6.3 per cent.

05/17/2023

Canada's annual inflation rate rose in April for the first time in 10 months, data showed on Tuesday, adding pressure on the central bank to raise interest rates again after having paused its tightening campaign since January.

Canada's annual inflation rate rose in April for the first time in 10 months, data showed on Tuesday, adding pressure on the central bank to raise interest rates again after having paused its tightening campaign since January.