Financial News

http://business.financialpost.com/2013/11/27/bank-of-canada-can-afford-to-put-off-rate-hike-until-2015-imf/
Gordon Isfeld | November 27, 2013

OTTAWA — First, the good news.

Canada’s economy will accelerate in 2014 — clocking in at a pace of 2.25%, easily overtaking this year’s modest growth of nearly half that, according to the world’s largest lending organization.

A certain amount of folklore has developed over the years around the income tax system and the filing of tax returns, but many of those age-old perceptions are no longer accurate.

Here are some common myths — and the corresponding facts that could mean extra money in your pocket or at least prevent you from running afoul of the Cana...