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Plenty of articles to choose from

The internet is a wondrous technological advancement that has made the world a smaller place, where virtually everyone is connected with everyone else. But the problem with the internet is that it has made the world a smaller place, where virtually everyone is connected with everyone else. In other words, even though you can now...read more

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So, you want to be an Airbnb host

Perhaps you’ve heard how easy it is to earn a little extra cash by listing your spare room or vacant apartment on the Airbnb website. You might even know someone who has served as an Airbnb host, and you’re now thinking of trying it for yourself. That’s great. But before you go ahead and list...read more

As we discussed in an earlier Oaken Blog post, the Principal Residence Exemption (PRE) means that the proceeds from the sale of your main home are not subject to either income tax or capital gains tax. Even if you sell for considerably more than you paid when purchasing the property, you can pocket the proceeds...read more

We’re pleased to announce our sponsorship of the 2nd annual Covenant House Guts + Glory Corporate Challenge, set to take place at the Mattamy Athletic Centre on Wednesday, February 8. Last year’s event raised $370,000 for Covenant House, and this year organizers are aiming for $400,000 in total donations. “We believe strongly in supporting community initiatives,...read more

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Income splitting with a spousal RSP

If you intend to contribute to your RSP this year, you still have a few weeks to get in before the deadline of March 1. For the 2016 tax year, you may contribute up to 18% of your 2016 income, to a maximum of $25,370. As always, you can carry unused contribution amounts forward, thereby...read more

The High Interest Savings Account, or “HISA”, is often overlooked as a way to meet specific savings objectives. Which is understandable, as with so many ways available for savers to manage their funds, a humble savings account doesn’t seem to garner much attention. But keep in mind that a HISA is a unique form of savings...read more

In late 2015, Canada recorded an ominous milestone. For the first time, there were more Canadians over the age of 65 than under the age of 15. This aging of the Canadian population is the result of the Baby Boomer generation (defined as those born between 1945 and 1965), and its significant membership winding down their...read more

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