Your All-in-One Canadian Financial Dictionary
Net earnings or pay
Your take-home pay, what’s left after taxes and deductions are removed from your income.
Non-redeemable investment
An investment you can’t cash out early. Your money stays locked in until the term ends.
Non-registered investment
An investment account that doesn’t have tax advantages, meaning you pay tax on any gains or income you earn.
Non-Sufficient Funds (NSF)
A fee charged when you don’t have enough money in your account to cover a payment.
Notice of Assessment
A summary from the Canada Revenue Agency after you file your taxes. It shows what you owe, what you’re getting back, and your updated tax details.