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The Fraser Institute says the average Canadian taxpayer owes $150,211 in liabilities accumulated by the three levels of government - federal, provincial and local.Even the experts don't agree. But for many, paying a pro is the best way to navigate the increasingly complex financial landscape.
Latest Canadian Press Updates RSS feed
- Trinidad Drilling raising $150M to build nine rigs to for oil and gas contracts
- H&R Real Estate Investment Trust to raise $250 million in bought deal
- Wal-Mart Canada picks J. Walter Thompson as advertising agency of record
- Oil settles above US$129 per barrel for first time on Nymex
- BCE deal uncertainty rises, stock price falls, amid rumours of banker unease
Caspar's Corner
Deirdre McMurdy
Expert Advice From Gordon Pape
Gordon Powers
Spotlight
- The end for cheap Chinese products?
Soaring production costs are forcing China to finally start raising prices. For Americans, the shift couldn't come at a worse time.
- Air service dismal: passengers
Passengers are more dissatisfied with airlines' customer service than they have been in years at a time when carriers are charging more and more for tickets and services.
- Travel to Can. hits record low
Travel to Canada hit a record low for the fifth straight month in March, following big declines in both same-day car trips from the United States and the number of visitors from overseas nations.
- Tax cuts stimulating economy: Flaherty
Personal and business tax cuts introduced last October are putting money in people's pockets, adding stimulus when the Canadian economy needs it most, says Finance Minister Jim Flaherty.
Latest gallery
Best and worst provinces for taxes
Alberta pays no sales tax, while Quebec pays the highest in combined provincial and federal taxes. But which province provides its residents with the best bang for the buck?
Rent vs. buy
The Rent or buy calculator will illustrate the costs of renting as opposed to taking the plunge and buying your own home.
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Index Charts
Burning Question of the week
- A recent report says Canada's real estate market is starting to cool. Are home prices falling near you?
- Yes
25% - No
57% - Not sure
18%
- Yes
Life Stages
- Bill improves protection of retirement assets
A new Bill which amends sections of the Bankruptcy will help Canadians who declare bankruptcy protect their retirement savings from creditors.
- A tax dodge for the brave
Still smarting from your last tax bill? Then flow-through shares may suddenly look very attractive. These deals allow you to write off 100% of the money you put into them.
- Women less scam-prone: study
Fewer women than men get duped by fraudulent investment schemes because they are generally more risk-averse than men, according to a Canadian securities watchdog.
Test Your Knowledge
How do you live?
Where you opt to live is one of life's most important decisions, says author Richard Florida. How much do you know about urban vs. rural life and how we'll live in the future?