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Dealing with income tax debt

Home / Blog / Tax, Dept, Financial Question:  It’s spring across Canada which also means it’s tax season.  A deep “sigh” may be your initial response.  You may be in the process of filing your tax returns or you may have already filed and received your 2016 tax assessment and

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Why did CRA register a lien on my home?

Home / Blog / Lien, Financial by Marc Rouleau Arguably, April is not the happiest time of the year. Plenty of grey rainy days combined with the fact that the deadline for filing our 2016 tax returns is looming large. Some may still owe personal income tax from prior years or perhaps

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Should I cash in my RRSPs to pay my debts?

Home / Blog / RRSP, Debt A survey conducted by a major bank concluded that almost 40% of Canadians admit they’ve cashed in part of their Registered Retirement Savings Plan (RRSP) well before retirement.  Many feel they don’t have a choice.  Most aren’t using their RRSPs to take trips, buy

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