Home RRSPs

Spousal RRSPs can be a simple and effective tax-saving strategy for married and common-law couples. But these accounts are not for everyone - and have potential drawbacks

Last-minute RRSP tips

Report recommends raising annual contribution limits to 30% or more

Thirty per cent of taxpayers contributed to a TFSA in 2015

Although fewer taxpayers reported investment income, the actual amount of investment income rose

Last-minute RRSP tips

Don’t be just an order taker; discuss overall strategy with your clients

Clients are moving to bolder investment strategies for their RRSPs

  • By: Jade Hemeon
  • February 15, 2017 December 18, 2017
  • 01:00

Advisors need to talk to clients about their retirement future and show the potential damage RRSP withdrawals cause

  • By: Paul Brent
  • February 15, 2017 December 18, 2017
  • 00:50

Contributions to TFSAs are rising while contributions to RRSPs are dropping as more Canadians understand the differences between the two investment vehicles

A taxpayer who over-contributed to his RRSP by mistake and gained no benefit from the error has failed to gain relief from the taxes that resulted. However, the Tax Court of Canada only reluctantly found for the government in the case. In the concluding remarks of the October judgment in Hall v. The Queen, Justice […]