In each case, the individual is 30 years old, hasn’t started to save for retirement, and earns $80,000 a year. The salary level might seem high, but it is actually close to the average pay for a ...

Planning your retirement savings just got a little easier with the CRA’s announcement of the 2026 RRSP contribution limit.

The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...

March 2, 2026, is the last day you can make a tax-deductible contribution to your RRSP for the 2025 tax year. But not everyone needs to rush to meet this deadline. Many or all of the products on this ...

Rising inflation and interest rates in 2022 and 2023 reduced consumer spending and pushed Canadians towards savings. The Canada Revenue Agency (CRA) also pushed savings by increasing the Tax-Free ...

My neighbour, Jack, makes me laugh. He just reached age 71 and was telling me this week how old he feels. “Tim, when I was young, I used to make a lot of noise having fun. Now, I make a lot of noise ...

RRSPs and TFSAs are both tax shelters. However, you will likely stop earning RRSP contribution room once you stop working, whereas each year you will earn additional TFSA contribution room, write ...

Only weeks are left before the March 1 RRSP contribution deadline, and financial advisors can use the remaining weeks to help clients maximize the tax-efficiency of their RRSPs. Jamie Golombek, ...