In Other News
Reaching your financial goals takes work, but thankfully, government tax-sheltered savings accounts can help you excel toward your goals. Most notably, these types of savings vehicles can defer or help you avoid being taxed on investment earnings and compound interest, and reduce your taxable income.
Do you have a personal income tax strategy? Having an effective tax strategy is a key to financial success, both in saving for retirement and achieving future goals such as buying a home and paying for your children’s post-secondary education.
A lot has changed over the past few years, with rising inflation, interest rates, and the erosion of housing affordability. What remains unchanged is the December 31 deadline for capital property transactions.
This year marks the 10th anniversary of the CPA Financial Literacy Program. Thanks to the support of member volunteers in BC and Yukon, this program has helped residents in both jurisdictions increase their financial confidence and make more informed decisions about money. As National Financial Literacy Month in Canada comes to a close, we’d like to take this opportunity to share a few BC and Yukon program highlights with you.