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What is Power of Attorney in Ontario and Why You Need to Understand it

What is Power of Attorney in Ontario and Why You Need to Understand it

If something should happen to you such as an accident or illness that impacts your ability to make financial and/or personal care decisions for yourself, then who will make those important decisions for you? That is why, once you have passed eighteen years of age (sixteen for personal care), you can and should have a Power of Attorney in place. This article covers the basics of power of attorney in Ontario and why you need to understand it.

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3 Tips on How to Save and Plan a Comfortable Retirement for Self-Employed Canadians

3 Tips on How to Save and Plan a Comfortable Retirement for Self-Employed Canadians

Being self-employed brings you the perk of greater freedom with the challenge of learning how to do many things on your own, including funding your own retirement. Understanding how to save for retirement and retire comfortably are incredibly important lessons you should learn sooner rather than later. Here are 3 tips on how to plan and save for a comfortable retirement for self-employed Canadians.

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What You Need to Know About Tax on Dividend Income in Canada

What You Need to Know About Tax on Dividend Income in Canada

Canadian investors who receive eligible dividend income from Canadian corporations can benefit from both federal and provincial dividend tax credits. Learn about these dividend tax credits as well as how Canadian residents can benefit from the tax treatment of dividend income in Canada.

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