We came across a detailed article, “How to Gift Money to a Family Member or Friend in Canada” which answers  many common questions about the practice of giving or receiving money. https://www.springfinancial.ca/blog/save-invest/how-to-gift-money-to-family-member-or-friend-canada Topics such as restrictions on gifting, the amount you can gift, potential taxes, important differences between Canada and the U.S., as well as...Read More