Category: Canada

20/200 vision. In Canada, people are legally blind if their best eye has 20/200 vision or less with the help of glasses or contact lenses. Having 20/200 vision means that a person cannot be more than 6 m (20 ft) away to see what a person with normal vision can see from 60 m (200 […]

Yes. RV Trip Wizard works in Canada. You can see both private and public commercial campgrounds in Canada. There are also filters available to show only Canadian National Park campgrounds or Canadian Provincial and Preserves. Is RV LIFE and RV Trip Wizard the same? It will also streamline our upcoming RV LIFE app for iOS […]

Use capital gain reserve It may be possible to spread the proceeds of a capital property sale over five years. Because Canada has a progressive tax system, we are taxed more for every additional dollar we make. Can capital gains be spread over several years Canada? However, sometimes you receive the amount over a number […]

Price of a log cottage The price of a log cabin in Canada varies between $200,000 and $700,000. The average price is $400,000. Can you buy a cabin in Canada? Canada’s diverse landscape offers a wide variety of cottages, camps, cabins, chalets and even condo-style getaways to choose from, so consider how you spend your […]

you must be considered a first-time home buyer. you must have a written agreement to buy or build a qualifying home, either for yourself or for a related person with a disability. you must be a resident of Canada when you withdraw funds from your RRSPs under the HBP and up to the time a […]

Deducting Expenses Without Receipts 22 of the CRA Income Tax Audit Manual states that expenditures without supporting documents should be disallowed unless there is other satisfactory audit evidence to support the amount. How much expenses can I claim without receipts? $300When Can I Claim a Tax Deduction Without a Receipt? If your total employment-related expense […]

7 options for handling capital gains on a cottage sale Create a fund for CRA cottage capital gains taxes today. Borrow against your equity in the cottage. Sell the cottage. Buy life insurance. Transfer ownership of the cottage to your children now. Set up a trust for the cottage. How do I avoid capital gains […]

You cant. Conversion of driving licenses from one country to another are only applicable to the original citizens of the country, so only a Saudi Citizen can convert a Saudi License to a UAE license. Can I convert my Dubai driving license in Canada? If you plan to use a foreign driver’s licence in Canada, […]

While there is no inheritance tax in Canada, which means there are no inheritance tax rates or inheritance tax exemptions, there are quite a few situations where taxes might be owed on the properties that are now in your possession. What happens when you inherit a cottage Canada? You will be taxed on the fair […]

As long as you meet 1560 hours in the last 3 years, over a period of at least 12 months you will, in a year, be able to apply for PR. Does contract job count as employment in Canada? Contract Work does count as employment. The primary distinction between contract employees and permanent workers revolves […]