Canadian dividends

Is It a Good Idea to Diversify Your Financial Portfolio into Canada as Well?

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The Canadian economy has turned the corner, driven in large part by an increase in business investment, gains in household wealth, and expansionary prospects vis-à-vis fiscal policy. The Canadian economy is heavily reliant on commodity prices, and a turnaround in the price of crude oil, gold, iron ore, and related commodities is helping to boost Canadian GDP. The Bank of Canada (BOC) expects inflation to surpass the 2% benchmark which may help your financial portfolio. Wage growth is increasing in Canada, and this bodes well for clearing excess capacity currently in the market. The Government of Canada is working hard …

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Canadian Dividends and the Dividend Tax Credit

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The following post is written by Brian So, an insurance advisor and blogger at briansoinsurance.com. While my previous posts focused on the impact of withholding tax on dividends paid from the US and foreign companies, I realize that most people have a high concentration of their portfolio in the Canadian market. Therefore, to wrap up my mini-series on dividends, the last topic will be on dividends paid by Canadian companies. Don’t worry, there won’t be any complex withholding tax rules discussed in this post. Dividends are payments made by corporations to their shareholders. Because dividends are paid out of after-tax …

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