What Is a T4 Slip in Canada? What you need to know

Mohamed Konate


Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook. Read his full author bio

Read more from the author

Published by Mohamed Konate | Updated Nov 20, 2023
What Is a T4 Slip in Canada? What you need to know
Reading Time: 3 Min   In Canada, a T4 slip is an official document that your employer completes and sends to the Canada Revenue Agency (CRA) at the end of each year. The T4 summarizes the total amount of money you earned from your job during the year, as well as any deductions that were made from your paycheque.… Continue reading What Is a T4 Slip in Canada? What you need to know
Read Article
Published by Mohamed Konate | Updated Jan 12, 2024
What is best way to exchange currency before a trip?
Reading Time: 3 Min Are you planning a trip abroad and wondering what the best way to exchange currency is?  We’ll discuss in this blog post some of the different options for exchanging currency.   Research the currency of your destination country and find out what it is worth in relation to your own currency   When it comes… Continue reading What is best way to exchange currency before a trip?
Read Article
Published by Mohamed Konate | Updated Nov 20, 2023
A Detailed Review Of The Wealthsimple Tax
Reading Time: 6 Min What is Wealthsimple Tax? Does it make tax filing easier? Can everyone use this tax return software? What are the benefits? Is there any downside? There might be so many questions in your mind about Wealthsimple Tax, and you need answers. We will provide those so you can file your taxes with confidence.
Read Article
Published by Mohamed Konate | Updated Nov 20, 2023
Senior Discounts in Canada
Reading Time: 4 Min It is a ordinary promotion for companies and organizations to offer senior discounts. While there is no standard discount or age to qualify, you may want to consider spending your money at one of the retailers that offer a discount for seniors. The age cutoff for senior discounts is often around 65 years of age… Continue reading Senior Discounts in Canada
Read Article
Published by Mohamed Konate | Updated Nov 20, 2023
Canada Recovery Benefit
Reading Time: 4 Min Canada Recovery Benefit: How to apply for Canadian recovery benefits COVID-19 has hit the Canadian economy hard. Travel, tourism, and hospitality have been shut down on and off since March 15, 2020. Although these are the hardest hit industries, many companies have been affected by lockdowns and other effects of the pandemic indirectly. Hours and… Continue reading Canada Recovery Benefit
Read Article
Published by Mohamed Konate | Updated Nov 24, 2023
VISA vs Mastercard: What’s the Difference?
Reading Time: 4 Min Credit cards can be complicated. There are different types, with unique costs, requirements, rewards, benefits, sign up bonuses – and the list goes on. Internationally, the two most widely accepted credit cards are VISA and Mastercard. But, what is the difference between them? To start, both VISA and Mastercard are not actual credit cards or… Continue reading VISA vs Mastercard: What’s the Difference?
Read Article