A sound financial plan is rooted in knowing the basics of accounting. Technicalities and definitions aside, accounting can be fairly easy to understand. If an ordinary investor doesn’t have time to get down all the basics of accounting, then the…
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The Importance of Understanding the Income Statement
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CRA’s Voluntary Disclosure Program: How to Avail the Benefit
Are you a Canadian and have you not filed your income tax return due to some reason? The Canada Revenue Agency (CRA) conducts a specific program called voluntary disclosure, exclusively for the benefit of Canadians like you. Under this program,…
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Canada Now Richer Than America
The average Canadian citizen is now richer than the average American citizen, according to the Environics Analytics WealthScapes. According to their study, an average Canadian now has over $360,000 in total assets. This is in contrast to the average American…
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