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Decluttering – A Personal Experience
April 28th, 2010My father died in June 2005. This left my mother living in her home by herself. She was adamant about not moving. In August, I started sorting through my father’s belongings, deciding what to keep, what to give away and what to throw out. It is important to know that my parents had lived in [...]
Read more »Pension Income Splitting Takes on a Split Personality
April 18th, 2010I am a great fan of pension income splitting, which allows spouses to split eligible pension income for tax purposes. The underlying logic is that, under Canada’s progressive tax system, a couple who both have income of $50,000 per year pay less tax in combination than a couple where one spouse or partner makes $80,000 [...]
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