When it comes to taxes, there’s no one size fits all. That’s why there are over 400 tax deductions and credits available from the CRA to Canadian taxpayers. Whatever your tax situation is, there’s a credit or deduction out there for you. Key Takeaways: Tax deductions are used to reduce your income before any credits...

  In Canada, a Tax Free Savings Account (TFSA) is a quintessential way to grow your savings and investments tax-free. If you are wondering how to use a TFSA, how to open a TFSA, or the benefits of these accounts, you certainly are not alone.  For the past decade, the Canadian government has been encouraging...