RRSP

Not only are death and taxes a sure thing, there are almost always tax changes and new benefits every year. Here’s a rundown of what’s new and what’s changed: Medical expense tax credit for service animals—Before … Read More

We’ve all heard stories of people who, with some combination of skill and luck, hit it big on real estate or cryptocurrency or pot stocks. Depending on your tolerance for risk, you can give those things … Read More

So, you find yourself with a tax refund. Now, the money is in your account and you’re wondering, what’s the best way to use this? To help you make the wisest choice, we’ve consulted with Liz … Read More

An RRSP loan may be a good idea, but read more to find out. March 1st, 2019 is the deadline for RRSP contributions. While retirement planning may not be at the top of your list—especially if … Read More

It’s RRSP season. You may have noticed the billboards along the roadways and banner ads when you log in to your bank account. Every year, the financial industry spends millions telling Canadians to put money into … Read More

We are once again proud to release our second annual Personal Finance Awards. This year’s edition looks at the best of bank accounts and guaranteed investment products of 2018. See who won the titles of the top chequing accounts, savings accounts and GICs in 2018.

New Year, new you, right? This is the time of year we set lofty goals for ourselves and, perhaps, one of those may be to save more money. Maybe this year will be the year you … Read More

Almost everyone knows they should have an emergency fund in case something unexpected happens. Potential job loss, health problems that keep you from working, and unplanned home or car repairs are just a few of the … Read More

When you’re earning interest on your investments, you’re going to have to pay tax on the income if they’re sitting in a non-registered account. But if they’re held in a registered account—such as an RRSP—you can … Read More

The Canadian government first introduced registered retirement savings plans in 1957 as a way to help Canadians save and invest their money in a tax-efficient manner. Yearly contributions into an RRSP can be used as a … Read More