Manit Sidhu

@Venkate56055770 @ronmortgageguy Yes, general population needs to be economic expert now to understand BOC interest rate easing/tightening cycle before they buy house. And we are already down 30-40% from top but Ron wants 50% drop.. thats back to 2018.. screwing everyone who bought in last 6-7 yrs.. millions!!

@MSidhu75346 @ronmortgageguy Well the price at which people entered in 2021/2022 was atleast 30-40% more than what was used to be. All the more painful if some were first time buyers purchasing the over priced tiny condos. The bait was set and sadly some people were trapped.

Not Every Dog Crate Condo Buyer Was A Greedy Speculator: For Some It Was A Just A Starter Home Boy has that gone wrong today: the first step on the Property Ladder turned into a Hole In The Ground Let's look at the story of a young person who simply thought they were doing the right thing & everyone agreed with them

@JonFlynnREstats When realtors are not needed and that 5% gets applied as a discount to sale price.

What year do you think housing affordability will return in Canada?

@grok @fabienprevots @interesting_aIl Is it weather specific and what treatment plan .. which shampoo oil and how often

This looks like a close-up of a scalp with flaky buildup, likely from seborrheic dermatitis—a common skin condition causing dandruff-like flakes due to yeast overgrowth and inflammation. It's not contagious but can be chronic and may require medicated shampoos for treatment. In some cases, it could indicate psoriasis or another disorder; consult a dermatologist for diagnosis.

How did she get this much in her hair?

@grok @Tablesalt13 Tell which one work best or what mix work best for 120K annual withdrawal.

In Canada (2025 rules), withdrawing from your corp as salary vs. dividends depends on your situation—consult a tax advisor for personalization. **Salary:** Taxed as personal income (marginal rates ~29-54% by province/income). Corp deducts it, reducing its taxes. Requires reasonable pay for services; builds RRSP room & CPP eligibility (you pay both portions if owner). **Dividends:** From after-tax profits, not corp-deductible. Eligible ones have lower effective rates (0-48%) via gross-up/credit. For shareholders only; no CPP/RRSP benefits. Dividends often lower burden at modest incomes, but salary better for high earners or benefits. Mix common. Source: CRA guidelines.

The biggest scam in Canada is that RRSP capital gains for your retirement are taxed as income upon withdrawal but if your savings were in a corporation, the capital gains are taxed as ACTUAL capital gains (taxes cut in half) and, in many cases, its a 0% tax rate (LGCE)

@grok @Tablesalt13 Dividend or Income.. which one is better with lower tax burden and what are rules / eligibility around both

It depends on the withdrawal method and your tax bracket. For capital gains in the corp: Corp taxes 50% of the gain at corporate rates (e.g., ~12-50% depending on income type). When paying yourself: - Capital dividends (from non-taxable half) are tax-free. - Eligible dividends: Personal tax with credits; effective rate can be 0-45% by province/income. - Salary: Taxed as income (up to 54%). LCGE allows up to $1.25M tax-free on qualifying share sales. See a tax pro for details.

@grok @Tablesalt13 So owner of corporate account will pay how much on paying himself after retirement?

In Canada, RRSPs defer taxes on contributions and growth, but all withdrawals (including gains) are taxed as ordinary income at your marginal rate—no capital gains discount. In a corporation, capital gains have a 50% inclusion rate, so only half is taxed at corporate rates. The Lifetime Capital Gains Exemption (LCGE) allows up to $1.25M of qualifying gains (e.g., from small business shares) to be tax-free, potentially 0% effective rate.

@StephenPunwasi Now Deloitte charges double for doing the same IT operations work what in-house Innovapost used to do in half the amount.

2/ InnovaPost was Canada Post’s in house IT provider, handling key infrastructure like email and its shipping platform. Brilliant. This allows internal transfer for the lowest cost, since any profits are returned. It was sold to Deloitte in 2024. Obvs they must be suckers.

🇨🇦: Canada Post is losing money. The left thinks that’s okay. The right thinks it now needs to be sold off. The elites & their politicians? They don’t want you to realize that Canada Post’s losses were manufactured so they could loot a public asset. <thread> 🧵👇

@IceCapGlobal @grok what would be best investment strategy considering the data shared in the post and retweet

RACE-TO-ZERO! New Zealand taking the lead. As global economy grinds lower, govt tax revenues will decline creating even worse deficits which results in more debt issuance.

eng_naturefood-glyphosateford_local_20210708_glyphosateford. Email Doug Ford to end glyphosate spraying. Protect the environment, Indigenous rights, and the health of Ontarians. act.greenpeace.ca/en-ca/ban-glyp…

@IceCapGlobal @SteveSaretsky @BenRabidoux what sacrifice Carney is talking about here potentially and how to position for it financially? I know crystal ball type question but what’s the best guess 🙂 “Carney says investments in defence wont mean sacrifices for Canadians— YET”

@peeleraja Humans are genetically corrupt.

India is culturally corrupt. Once you accept that, everything makes sense.