Today, the average Canadian family is involved in more activities than at anytime ever before. Between work, and school, and family recreation,and other social activities there often isn't much time left over to just BE a family.
There is hope for those who want more "quality" out of life if they are willing to sacrifice a little "quantity." Most families believe they NEED two incomes to survive financially, and in certain circumstances this is true.
On October 30, the federal government presented a "mini-budget," which outlined a number of initiatives designed to create tax savings for Canadians.
Tax cuts were the main thrust of Finance Minister Jim Flaherty's announcement, which means there are a few new ways you can save your money. In case you haven't had time to follow the media coverage on this issue, the summary below outlines the recent tax changes and how they'll benefit you and your family.