This video breaks down how you can transform non-tax-deductible debt into tax-deductible debt, giving you potential savings on your taxes. Review the Canada Revenue Agency's guidelines here.
#TaxPlanning #DebtManagement #FinancialStrategy #TaxDeductible #DebtSwap
TFSAs are a wonderful wealth building tool, but they're not always 100% tax free. Some say that this is a small issue, but in investing, you want to take advantage of every efficiency available to you, and when you add up all those efficiencies at your end, it makes a significant difference.
While most people focus on stocks rather than bonds, the latter has a larger market. According to the Securities Industry and Financial Markets Association (SIFMA), the global bond market was worth $126.9 trillion at the end of 2021, compared to the $124.4 trillion global equity market cap. Today, Cameron help us understand individual bonds, their influence and how the bond market works.