The ePassport: What are the Changes for Canadians?

ePassport

In the rapidly evolving world of travel, continued emphasis is being placed on security. The ePassport introduced in 2013 brings changes to the passport program that will enhance the security of Canada’s international travel document. This article explores what these changes mean for Canadians.

ePassport

On July 1, 2013, Passport Canada is introducing a new electronic passport or ePassport. According to the Passport Canada website, the Canadian ePassport looks like a regular passport, but has new security features that make the passport even more tamper‑proof:

  • An electronic chip embedded ...
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Canadian Passport: 5 Things You Should Know

Canadian Passport

More Canadians than ever before are traveling internationally. There have been many changes in recent years and travel conditions continue to change. This article offers some insight into things that you should know about the Canadian Passport and the important role that it plays in travel abroad.

1. Travel to the United States

The most popular travel destination for Canadians is our Southern neighbor, the United States. For decades, Canadians entering the US needed only two pieces of identification including one photo ID, most commonly a driver’s license...

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Travel Tours: Tour Package or Plan Your Own?

Travel tours

When planning vacations, many travellers are opting for cruises or all-inclusive resorts. Most cruise packages offer optional travel tours when in port. These vary in length from a couple of hours to several hours. Such travel tours are also available at resorts and provide opportunity to see nearby attractions or visit major centers. They are offered by tour operators with pre-arranged itineraries and fixed prices. However, you also have the option of planning your own travel tours...

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Trade In or Sell Your Used Car?

Trade In Or Sell Your Used Car?

So, you are buying or leasing a new car or upgrading to a later model one. See my previous articles: “Buying a Car: New or Used?” and “Purchase or Lease a New Car?” How should you dispose of your old car? Trade in or sell? This article deals with the issues that should be considered before you decide.

Buying Privately or Through a Dealer

If you decide to upgrade by buying a later model used car through a private deal, then the fate of your old car is obvious. If you wish to dispose of it, you must sell it privately...

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Purchase or Lease a New Car?

Lease or Buy a New Car?

My previous article, Buying a Car: New or Used?, addressed the most common factors which should be considered when deciding whether to buy new or used. For those who decide to acquire a new vehicle, this article explores the main distinguishing factors between purchasing and leasing. So, Purchase or lease?

Business Use

If you are acquiring a new vehicle for business use, it is often preferable to lease. This is because the entire annual leasing cost can be claimed as an expense for income tax purposes, up to a specified limit.

If you purchase a vehicle, the expense you claim for income tax p...

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Buying a Car: New or Used?

Buying a car: New or used?

An age old question: When buying a car, is it better to buy a new vehicle or look for a good deal on a used one? Of course, there is no one answer. This article addresses the most common factors which should be considered in making this decision.

Individual Needs

You must always consider your personal driving needs before buying a car. If much of your driving is long distance at highway speeds with rapid accumulation of kilometers, then you are probably wise to choose a new vehicle...

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Using Home Equity as a Piggy Bank

Home Equity as a Piggy Bank?

As mentioned in my previous articles on Debt, historically low interest rates have fueled an unprecedented increase in personal borrowing and household debt. One significant component of this debt is real estate mortgages and debt secured by real estate. To make matters worse, many people make poor decisions regarding the use of equity.

Equity in your home is the difference between its market value and the balance on any mortgage. Once home equity is accumulated, there are several ways to use it to your advantage...

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File Tax Online: How to NETFILE

How to NETFILE - File Tax Online

As stated in my previous article, Income Tax – The Agony and the Ecstasy, many Canadians choose to prepare and submit their own tax returns, using the Income Tax and Benefit Guide and other supporting information. Increasingly, they are abandoning the paper return and opting to file electronically. This article will provide you with an overview of how to NETFILE.

A Growing Trend to File Tax Online

According to the Canada Revenue Agency (CRA) website, in 2012 almost 66 % of Canadians filed their returns electronically, either on their own or with the help of a tax preparer...

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