Canadian homeowners do not enjoy the same

mortgage interest deduction
tax refunds
increase your net worth
Canada Revenue Agency (CRA)
Method
mortgage interest
Step 1
non-registered accounts
down payment
Step 2
financial institution
HELOC
Step 3
preferred
exchange traded funds (ETFs)
Step 4
tax return
Step 5
investment income
Step 6
marginal tax rate
net worth
annualized return
Scenario 1
surplus
Scenario 2
Scenario 3
free and clear
compounding
compound returns
The Benefits
pay your mortgage off faster
The Risks
rate of return
Who should do it?
maximize tax returns
real estate
s Your Mortgage Tax Deductible - The Smith
Maneuver
financial advisor
The Bottom Line
maintaining investment returns