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TFSAs and income spitting on the campaign trail/Pinpointing a Canadian rate hike
Manage episode 1288954 series 9504
The election promises are coming fast and furious, and that’s been no different on the personal finance side of things. The Conservatives recently announced they will allow couples to split their income for tax purposes, and also said they will double the TFSA contribution limit. FP’s personal finance columnist, Jonathan Chevreau, provides his take. Also — with the ECB raising interest rates this week for the first time in three years, attention now turns to Canada, which has not touched its own rates since last September. Doug Porter, deputy chief economist with BMO Capital Markets, gives FP a rundown of the issues.
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Manage episode 1288954 series 9504
The election promises are coming fast and furious, and that’s been no different on the personal finance side of things. The Conservatives recently announced they will allow couples to split their income for tax purposes, and also said they will double the TFSA contribution limit. FP’s personal finance columnist, Jonathan Chevreau, provides his take. Also — with the ECB raising interest rates this week for the first time in three years, attention now turns to Canada, which has not touched its own rates since last September. Doug Porter, deputy chief economist with BMO Capital Markets, gives FP a rundown of the issues.
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