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Department of Finance will wrap up its study in June

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The Finance Department is studying RRIFs in response to a House of Commons motion

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Both mutual funds, ETFs had net redemptions in January, IFIC reports

RRSP piggybank

Of those contributing, almost one-quarter plan to use the maximum amount

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Nearly half of Canadians think they will be able to retire comfortably by just investing in an RRSP

  • By: IE Staff
  • February 1, 2023 February 1, 2023
  • 10:55
US Gates are at Pearson Airport in Toronto

In many cases, doing nothing is the best option

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The proposed regime will allow the CRA to identify accounts that have grown significantly

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Proactively share these details with clients

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Proactive collaboration is critical for resolution, client well-being

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency won't say when it expects its website to return to normal. CRA Tax

In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans