Michael Okafor
CPA, CGA
Michael is a Chartered Professional Accountant with a specialization in Canadian personal and small business tax. Based in Vancouver, he has spent 8 years helping Canadians optimize their tax situations through strategic use of registered accounts. He writes about TFSA, RRSP, FHSA, capital gains, and tax planning with a focus on practical, actionable advice.
Articles by Michael Okafor
Looking for the best brokerage promotion in Canada? We've compared all current offers to help you find the highest rewards for your accounts.
January 15, 2026
We compare the current promotions from three major Canadian brokerages to help you decide which offer is best for you.
January 5, 2026
Brokerage transfer bonuses can be confusing. This comprehensive guide explains everything you need to know.
December 28, 2025
Sarah felt like her debt balance never moved. See how switching from 'random payments' to the Avalanche method changed everything.
February 12, 2026
Transferring your RRSP between brokerages can help you take advantage of promotional bonuses. Here's everything you need to know.
January 10, 2026
Timing matters when switching brokerages. Here's when to make the move to maximize your rewards.
December 10, 2025
Brokerage bonuses are generally taxable in Canada. Here's what you need to know about reporting them on your tax return.
December 20, 2025
I had $20,000 in a non-registered account and couldn't decide between dividend-paying Canadian stocks and a GIC. The Dividend Tax Credit Calculator showed me exactly how much I'd keep after tax in each scenario.
December 5, 2025
I was selling a rental property and wanted to know how much tax I'd owe. The Capital Gains Tax Calculator gave me an estimate in minutes using my province, income, proceeds, and ACB.
November 28, 2025
Is term insurance a waste of money? How much do you really need? We dive into the most popular Reddit and Twitter debates about life insurance.
January 31, 2026