Taxes on selling your home: Myths vs. reality

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When you sell your home one of the few tax breaks available is the exemption from tax on its increase in value but not always. Here’s why.

Money Management Workshop For Women 55+

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Are you a woman 55 or older with a low income? Are you single or a newcomer to Canada? Would you like to be in better control of your finances?

Then come to a two-day workshop on money management this September!

Eight things to consider before buying a retirement condo

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Buying a retirement condo is a great option for people who want the equity of owning without the hassles of maintenance. Condos can be found in many active living and independent living retirement communities such as Hearthstone by the Bay in Toronto’s west end, The Manor Village at Rocky Ridge in Calgary, Alberta or at [...]

Make your vote count for seniors on May 2nd!

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This weekend, you may get one more visit from your local election candidates before Canadians go to the polls on Monday, May 2nd. Make sure that you are voting for the party that will make seniors’ issues a priority by asking them as many specific questions as you can. CARP has created a list of [...]

The 2011 Federal Budget and Seniors: Taking More Than It Gives?

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On Tuesday March 22, Finance Minister Jim Flaherty revealed the 2011-2012 federal budget, his sixth for the Canadian Conservative government, amid rumors of a spring election and the controversy of a government found in contempt of parliament. To appeal to a suburban and rural voter base, Flaherty and Prime Minister Stephen Harper opted for a [...]

Three ways to look out for your parents’ finances

Mom and dad are financially vulnerable

We’ve discussed tactics for talking to parents about their finances but we all know that it can be unwise to even approach this super-sensitive topic. There are ways, though, that adult children can watch out for parents while minding their own business. Here’s a review of some things to consider. Ask yourself how savvy your [...]