Estate Taxation After Last Spouse's Death in Canada Explained
While Canada has no inheritance tax, provinces levy probate fees on estates. Learn how spousal rollovers defer taxes until the second spouse's death and what triggers taxation.
While Canada has no inheritance tax, provinces levy probate fees on estates. Learn how spousal rollovers defer taxes until the second spouse's death and what triggers taxation.
Economic analyst Charles St-Arnaud examines the K-shaped economy where labour income stagnates while capital profits soar, with AI potentially accelerating this divergence in both U.S. and Canadian contexts.
Even with a mortgage fully paid, home ownership carries significant financial burdens through opportunity costs, maintenance, and taxes that many Canadians overlook in their financial planning.
Economist William Watson reflects on the enduring legacy of Adam Smith's Wealth of Nations, praising its majestic prose and insights into how free markets discipline human nature's excesses.
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RecommendedDollard-des-Ormeaux will become the first West Island municipality to implement Bixi bike sharing this summer, with 60 bikes and seven stations strategically placed to connect with REM stations.
NextRock Investment Group announces its launch in 2026 with dual headquarters in Tokyo and New York, raising $5 billion to build four global conglomerates through its debut fund 'The Next Gen Leaders'.
A recent study highlights that many Canadian women encounter significant barriers to career advancement, with limited opportunities for promotions in the corporate sector.
Home sales in the Greater Toronto Area dropped in February 2026, with both buyers and sellers remaining on the sidelines, according to the Toronto Regional Real Estate Board.
Global stock markets show mixed performance amid surging oil prices and new military attacks by Iran, creating uncertainty for investors and economic stability worldwide.
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RecommendedNew data from TRREB reveals a sharp 17.7% decline in Toronto real estate listings for February 2026, with only 10,705 new properties entering the market as sellers hold back.
Toronto's real estate market sees sales down 6.3% but new listings plummet 17.7% in February 2026. Experts predict pent-up demand will drive recovery later this year as buyers await price stabilization.
Financial expert Christopher Liew examines how potential Trump tariffs could reshape Canadian stock markets and investment strategies, with insights on economic risks and opportunities.
Bamm's Snack Shack in Lowertown is closing on May 1 after three successful years. Owners Ashley and Matt Atton cite unsustainable demand as the reason, leaving the community without its beloved hub.
Leading economists express concerns about inflation, oil prices, and stock market stability as the U.S.-Israeli conflict with Iran continues, highlighting multiple economic stressors.
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RecommendedKathryn Chayka, a Timmins native recognized as one of Canada's most powerful women, delivered unfiltered leadership insights at a sold-out Chamber luncheon, emphasizing resilience and navigating challenges in the corporate world.
Kathryn Chayka, a Timmins native recognized as one of Canada's most powerful women, delivered unfiltered leadership insights at a sold-out Chamber luncheon in Northern Ontario.
Calgary-based Tourmaline Oil Corp. has completed a significant $765 million sale of its Alberta natural gas assets, marking a strategic shift in its portfolio.
A semi-truck broke through a guardrail and plunged down an embankment on the Alaska Highway north of Fort Nelson, killing both occupants. Road conditions may have been a factor in the fatal crash.
U.S. Energy Secretary Chris Wright stated that the disruption to energy markets from the Iran conflict will be temporary, calling it a small price for U.S. military goals, amid rising oil prices and shipping paralysis in the Strait of Hormuz.
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RecommendedA pedestrian in Calgary is in hospital after being struck by a car, with emergency services responding to the incident. Details on the condition and ongoing investigation are emerging.
A Winnipeg-based company in the Transcona area has initiated legal action against the city and rural municipality following a massive fire at its vehicle storage yard in May 2025, seeking damages for the extensive destruction caused.
A federal judge has ruled that U.S. companies are legally entitled to refunds for tariffs imposed by former President Donald Trump, which were later invalidated by the Supreme Court.
Mayor Drew Dilkens calls for provincial permission to impose municipal tolls on trucks using Huron Church Road until the Gordie Howe International Bridge opens, citing taxpayer costs and traffic damage.
British Columbia introduces Bill 11 to amend the Residential Tenancy Act, allowing supportive housing providers to evict tenants for weapon possession or safety threats, while extending protections for housing workers.
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RecommendedEscalating tensions in the Middle East are causing a sharp rise in gas prices across Canada, impacting consumers and raising economic concerns as global oil markets react.
The Peter Ballantyne Cree Nation community receives the inaugural replacement house for homes lost in recent wildfires, marking a significant step in recovery efforts.
Prime Minister Carney announces new agreements between Canada and Australia on critical minerals, enhancing supply chain security and economic cooperation amid global demand.
Nanaimo RCMP report a victim of cryptocurrency fraud was targeted by a 'recovery' scam, highlighting a growing trend of criminals exploiting financial distress.
Saskatchewan has united with nine provinces and territories to establish a national energy corridor, aiming to enhance power transmission and support renewable energy integration across Canada.
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RecommendedFarmers voiced strong opposition to the Alto high-speed rail project at a public open house in Perth, Ontario, raising concerns about land use and environmental impacts.