With all our political parties doing their best to get Canadians disgusted with politics, here is a funny take on party leaders by the Rick Mercer report. It’s from the last election but 3 out of 4 leaders are still there and it’s still funny.
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- An editorial in The Ottawa Citizen sums up perfectly what I feel about the propensity of the Federal Government to pack our tax code with a million different tax credits: Death by a thousand credits. “Wouldn’t it be simpler, cheaper and more fair to just lower income tax across the board?” asks the editorial.
- The Conservatives announced that they plan to double the Tax-Free Savings Limit to $10,000 per year but only when the budget is balanced. Canadian Money Forum members weigh in with their opinions on the Conservative plan.
- Canadian Mortage Trends blog explains what the accredited investor requirement means for private Mortgage Investment Corporations.
- Steadyhand’s Tom Bradley warns retail investors to be wary of closed-end bullion funds that are trading at a premium to NAV.
- Michael James urges readers not to miss a tax deductions or credit by simply assuming that you never qualify for it.
- Canadian Couch Potato explained the currency effects of investing in some international ETFs.
- With the Loonie currently sitting north of $1.04US, Larry MacDonald feels it is time to buy U.S. Dollars.
- Just won the Lotto Max? Jim Yih says lottery winnings are in the short list of things not taxed in Canada.
- Million Dollar Journey featured a guest post on some traps to avoid when one starts making more money.
- Ellen Roseman wonders whether big companies which have hitherto ignored customer complaints will change their ways in this age of social media.
That’s it for this week. Have a great weekend everyone!
