If your client has a life income fund (LIF) that earned big returns in 2024, they may have the opportunity to unlock a larger portion of the LIF this year, depending on the governing province.

The case hinged on a small provision in the Income Tax Act, Section 160, which says that if an individual transfers property ...

Robert, a do-it-yourself investor, wonders if his strategy of living mainly on dividend income is sustainable. “My wife and I ...