the Wealthy Canadian

The Canadian Capitalist posted today about how Employee Stock Purchase Plans are taxes.  Particularly, he points out that any discount you receive on the stock purchased is taxed as employment income (i.e., at 100%), whereas any gain (between the market price and your selling price) is taxed at the capital gains rate of 50%.
I thought [...]

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While many may not consider environmentalism and carbon credits to be a personal finance issue, it is.
I have recently read a tale about two houses.  One was a sprawling mansion using 20 times the energy an average home uses.  The second was still a large home by most standards but also very ‘green’ and uses [...]

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Years ago I learned a phrase that has stuck with me “you don’t even know what you don’t know.” There is so much information out there that you have an idea of things that you don’t know. For example:

I know what income tax is and many of the rules surrounding it.
I know that [...]

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Stats Canada released the August inflation last week. I’ve already seen news headlines declaring the dramatic drop of inflation, and what it could mean for the Canadian economy. So I thought that I would briefly describe what inflation is and how it affects interest rates.
From academia…Definitions:

inflation is the increase in cost [...]

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The news this week:

The Fed dropped the federal funds rate 50 basis points to 4.75%, in addition the discount rate also saw a 50-basis-point decrease to 5.25%.
The Canadian dollar strengthened and is currently trading around par with the American.
Statistics Canada released the August inflation numbers.  Total CPI is down to 1.7% and the core went [...]

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