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Toronto new home prices see biggest 12-month drop in more than two decades

Statistics Canada's price index for new Toronto homes fell 1.4 per cent in October from a year earlier, the most since September 1996.Cole Burston/Bloomberg

Canadians’ household debt burden creeps higher

Total credit market borrowing, however, slowed for the third consecutive quarter.Canadian Press OTTAWA — The amount Canadians owe relative...

Toronto and Vancouver most ‘vulnerable’ to interest rate hikes as personal debt soars, CMHC...

Personal debt levels in Toronto and Vancouver continue to hit record-levels.Postmedia Network TORONTO — Canadians living in two of...

Keep working: Your defined-benefit pension plan is worth less after the end-of-year stock plunge

Funds lost in the fourth quarter thanks to a combination of weak stock markets and low long-term interest rates.Atomazul - Fotolia file photo

The swap scheme that led to a forty-fold increase in one woman’s TFSA

By the end of 2009, one taxpayer’s initial TFSA contribution of $5,000 was worth $205,795 thanks to swap transactions.Brent Lewin/Bloomberg

Urgent cost cutting needed to keep family with net worth of only $139,791 afloat...

Situation: Heavily indebted couple faces end of disability payments in two yearsSolution: Cut expenses, consolidate loans and keep...

China’s super-rich brace for tax raid on $24-trillion wealth pile

A woman on board a luxury yacht in China.Joannes Eisele/AFP China’s plan to cut taxes in 2019 for the...

Couple with $2.9 million in assets and no debt think they won’t be able...

Situation: Couple in their late 50s with poor investments fears a financial squeeze in retirementSolution: Raise returns by...

Are business expenses still tax deductible if you no longer operate said business?

The Canada Revenue Agency disallowed a retired Nova Scotia lawyer’s fees for storing files and the taxpayer took the case to the Tax Court.

Qualifying for disability tax credit an uphill battle for many amid spike in CRA...

In the 2016-17 fiscal year, 45,157 disability tax credit applications were rejected compared to 30,235 the previous year.Peter J. Thompson/National Post files

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