Opportunity: Canadian Dollar Stabilizes, Somewhat

Things have started to turn around for the Canadian dollar in the second quarter of 2025. It hit a 22 year low in January of 2025. Investors and property owners, who have been swooning at the high burn rate in their travel plans and property maintenance abroad, may wish to consider recent more positive trends and consider some risk mitigation opportunities now that the dollar is stabilizing somewhat.  

Understanding the concept of “goodwill” will work to your advantage, as Greer Jacks explains in this first of a two-part series.

This week: 10 neat things about light.

In some countries, such as the United States, taxation is based on citizenship. In Canada, however, the government levies income taxes based on residency. 

Federal tax returns are required to be filed by all Canadians who have a balance due or file to recover overpaid taxes or refundable tax credits. Provincial taxes for the whole year are based on your province of residence on December 31.

Sharpen your knowledge and access the tools you need to ace your tax preparation — free trial available!

Learn effective and practical money-saving strategies! KBR readers receive $5 off if they order before January 21.