How New Passive Income Rules Affect Small Businesses

Amendments to the government’s passive income rules may be disadvantageous for small businesses, according to Canadian Federation of Independent Business (CFIB) president Dan Kelly. Specifically, the rules may hinder the companies’ growth potential. While he said the implementation was good news because the government is starting to understand how important … Read More

The Benefits of Gossip

You say gossip, a psychologist says “reputational information sharing”. Either way, we’re talking about talking about each other—who works hard, who’s a slacker, who’s trustworthy, who’s having an affair, who’s bringing doughnuts to work, and who’s stealing from the break room fridge. That’s all gossip, and, according to a new … Read More

Ducking the Taxman

DailyXY’s MoneyGuy blog is sponsored by RBC You’re a bartender, a contractor or some kind of freelancer. Or maybe you’re just lazy. Whatever the case, you haven’t filed your taxes — in years. What happens now? You’ve got three possibilities. The first is that you keep on livin’ the dream, not … Read More

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