RRSP

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

Saving money is hard, but it can sometimes be easier if you use your credit card. You can either join a little-known pension plan or use a card that allows you to convert your points into … Read More

Financial writers get really excited in January. Like, really excited. Why? Because it’s RRSP season! For two beautiful months in summer, Canadians from coast to coast drag their jet skis out of the garage, dust them … Read More

Having a budget is a great way to reach your financial goals. But a budget will only work if you can stick to it and it’s realistic. The key components of a household budget are after-tax … Read More

What are you doing to prepare for the future of work? If there’s one thing experts can agree on about careers in the age of automation and AI (Artificial Intelligence), it’s that lifelong learning has become … Read More

A lot of dilemmas in personal finance can be, in reality, pretty straightforward. Should you only make the minimum down payment to buy a house? Should you open an RESP for your kids as soon as … Read More

If you’re like me, you sometimes fantasize about retirement. Long days spent sipping caesars on the front porch, playing backgammon with your retired buddies, heckling the morning commuters as they set off on yet another day … Read More

There was a time when being a worker in Canada was pretty rough. For example, in 1872, printing press workers in Toronto walked off the job when their employers refused to shorten their workday from up … Read More

Isn’t it too soon? Haven’t we spent enough time thinking about tax season?  Why do we have to talk about RRSPs now? That’s supposed to be a January/February thing, isn’t it?