Prospyr Journal

Investor-grade writing for Canadian income builders

Clear articles on DRIP mechanics, dividend tax, account placement, and income-planning math. Built to help you sort the real question faster and move with more confidence.

Showing 22 posts matched to tax.

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TaxApril 24, 2026

Foreign withholding tax on US dividends in a TFSA — what you are actually losing

US dividends in a TFSA are taxed 15% before they arrive — and that 15% is permanent. Here is what the foreign withholding tax actually costs Canadian investors, and which account your US holdings belong in.

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TaxApril 23, 2026

How to track adjusted cost base for DRIP shares in Canada

Learn how to track adjusted cost base for DRIP shares in Canada, when ACB matters, and how whole-share versus fractional reinvestment changes the math.

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TaxApril 23, 2026

Tax-free dividend income in your TFSA — the Canadian advantage

Your TFSA eliminates tax on Canadian dividends permanently — not defers it. Here is how to use that to build a dividend stream that compounds without leakage.

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TaxApril 21, 2026

Eligible vs non-eligible dividends Canada — what every investor needs to know

Not all Canadian dividends are taxed the same. Learn the difference between eligible and non-eligible dividends, how the dividend tax credit works, and what it means for your after-tax income.

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TaxApril 20, 2026

FHSA contribution room in 2026: what you can put in and what you may be missing

A practical Canadian guide to FHSA contribution room in 2026, including opening-date timing, carryforward, deductions, and overcontribution risk.

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TaxApril 19, 2026

TFSA vs RRSP vs non-registered accounts: where to hold your dividend stocks in Canada

A practical Canadian guide to placing dividend stocks across TFSA, RRSP, and non-registered accounts with stronger after-tax logic.

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TaxApril 15, 2026

How Much TFSA Contribution Room Do You Have in 2026?

The 2026 TFSA limit is $7,000 — but your actual available room depends on your full contribution history since you turned 18. Here's how to calculate it correctly and the over-contribution penalty to avoid.

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TaxApril 14, 2026

TFSA vs. RRSP for Dividend Investors: The Real Answer

The TFSA vs. RRSP debate looks different for dividend investors. Account type affects withholding tax, dividend tax credits, and DRIP efficiency. Here's how to decide which account gets which holding.

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PlanningApril 11, 2026

Why Your Dividend Yield Is Wrong (And How to Fix It)

The yield your brokerage shows you is the gross yield — before tax, before commissions, before withholding. Here's how to calculate the yield you actually receive.

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