Then conveniently convert your money into Canadian Dollars ... or the Harmonized Sales Tax (HST). Having a business bank account can simplify the process of managing and remitting these taxes.

There’s no fee, but account holders can expect to pay service charges for many transactions. Motive Financial, the online banking division of Canadian Western Bank, offers a high regular ...

Tax-free savings accounts (TFSAs) are more than a simple ... Motive Financial, which is a part of Canadian Western Bank, offers a no-fee TFSA savings account with an eye-catching interest rate.

You can’t just claim anything. In preparing to file your income tax return, you will need to provide receipts for proof. Here ...

Details In addition to being linked to the share price of Canadian bank stocks ... are also tax-sheltered, as well as deducted from your taxable income, and you can split the account with a ...

To decide between a bank and a credit union ... savings and chequing accounts, registered accounts like registered retirement savings plans (RRSPs) and Tax-free savings accounts (TFSAs), credit ...

The Trump administration’s trade policy threats have whipsawed markets this week. Last-minute deals with Canada and Mexico on ...

Older investors who have maxed out their registered accounts, like a Tax-Free Savings Account (TFSA), will appreciate this point in particular. In a non-registered account, tax efficiency matters. You ...

Interestingly, Canadian bank stocks have been among the most reliable defensive investments for conservative investors due mainly to their strong balance sheets, steady dividends, and dominant ...

As we move into 2025, Canadian bank stocks remain a key focus for investors, given their historical resilience, strong and reliable dividends, and role in the country’s economic stability. With ...

A tax increase that’s unlikely to ever become law has nonetheless earned the Canadian government billions of dollars in ...

I’m Christine Dobby, Bloomberg’s Toronto-based banking reporter, and you’ll find me in your inbox every Friday. This week, we ...