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What if there was a way to take advantage of the capital gains exemption on the sale of your principal residence and make the interest on your mortgage tax deductible? Keep reading to find out how to make your Canadian mortgage tax deductible. | © 2011 Photos.com, a division of Getty Images. All rights reserved.

What if there was a way to take advantage of the capital gains exemption on the sale of your principal residence and make the interest on your mortgage tax deductible? Keep reading to find out how to make your Canadian mortgage tax deductible.

What if there was a way to take advantage of the capital gains exemption on the sale of your principal residence and make the interest on your mortgage tax deductible? Keep reading to find out how to make your Canadian mortgage tax deductible. | © 2011 Photos.com, a division of Getty Images. All rights reserved.
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Personal Finance Reader

Mortgage penalty mysteries

Globe and Mail Update

The best of the Web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Mortgage Madness

An investigation by the CanadaMortgageNews.ca blog says the penalties for breaking a mortgage are thousands of dollars higher than they should be. Note: the federal government said in the last budget that it will standardize mortgage penalty rules. Sounds like a good chance to crack down on excessive charges.

Global Bargain Hunting

Here’s a list of the global stock markets that did best and worst last year.

Down On China

Why the portfolio managers at archerETF are cutting exposure to China this year.

The Incredible Shrinking Package

Consumer Reports has identified these popular household products as having shrunk in size. No matching price cuts, of course.

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Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, login and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.