How‑To Guides
Step‑by‑step tutorials and explanations on common Canadian finance questions. Learn how to use our calculators and understand the formulas behind them.
How to calculate your net pay in Canada
Understand the components of your paycheque — CPP, EI, federal and provincial tax, and credits like TD1 and the Canada Employment Amount. We walk through the formula and how to use our Net Pay calculator.
How to estimate your tax refund or amount owing
Learn how to estimate your 2025 tax refund or balance owing in Canada by comparing tax withheld from your pay against tax owed after non‑refundable credits. Includes a walk‑through of our Tax Refund calculator.
How to calculate mortgage payments in Canada
Find out how lenders calculate mortgage payments using principal, interest rate, amortization and payment frequency. See examples of monthly, bi‑weekly and accelerated bi‑weekly schedules.