Quotes of the Day

Thanks to the tax treaty between Canada and the U.S., Uncle Sam will refrain from taxing U.S. dividend income received inside an RRSP (or RRIF, for that matter). But that doesn’t extend to TFSAs. You’ll be dinged with a 15 percent tax deducted at source for dividends paid on U.S. stocks held in a TFSA. You don’t have to worry about interest income or capital gains from U.S. stocks, though. The tax treaty guarantees those are only taxable in Canada, which means they’re tax-free in a TFSA. [2021] - Erica Alini

Whatever the size of your down payment, it should never be borrowed. It should come from your own savings, accumulated over time. [2013] - Dan S. Barnabic

Estimate your protein target: 1) Estimate the daily energy (calorie) requirement for your age, sex, and level of activity. You can do this by using something called the Harris Benedict equation calculator, available online at numerous websites. 2) Estimate the portion of those calories that should come as protein (i.e., your protein intake target) by multiplying that value by: Child and adolescent: 0.15 (i.e., a 15% protein diet) / Young adult (18–30): 0.18 / Pregnant and breastfeeding: 0.20 / Mature adult (30s): 0.17 / Middle years (40–65): 0.15 / Older age (>65): 0.20 3) Divide that number by 4 to get the number of grams of protein per day you should eat. [2020] - David Raubenheimer

The 1 percent rule: Never pay more than 1 percent of your total invested proceeds in commissions. [2018] - Andrew Hallam

Researchers at the Chinese University of Hong Kong studied a group of 976 men and 1,030 women, age sixty-five and older. Each individual in the study reported how much and how often they consumed foods across thirteen categories common in China, including tea. Researchers drew blood and measured telomere length in the white blood cells. The results were striking: tea drinking was associated with increased telomere length, but only in elderly men, not women. When the amount of tea consumed by men was analyzed, those who drank three or more cups of tea per day had longer telomeres compared to those who drank less than a third of a cup of tea. The difference in telomere length was equivalent to a calculated difference of five years of additional life between high-and low-level tea drinkers. [2019] - William W Li