Opinion

Ottawa tops up TFSA limit for 2026 but confusion over total limit could trigger costly penalties: Dale Jackson

As of January 1st, adults in Canada can add another $7,000 in contribution space to their tax-free savings accounts (TFSAs).

Consider these year-end strategies for your RRSP

Here are the highlights of some of the year-end tips for registered retirement savings plans (RRSPs) that I shared with Jack.

Consider these registered plan strategies to save taxes before year-end

When it comes to year-end tax planning, procrastination can cost you money. A friend of mine is the consummate procrastinator ...

RRSP Investors: How to Reduce Your Tax Bill in 2025

A Registered Retirement Savings Plan (RRSP) offers Canadians two significant tax advantages: contributions are tax-deductible ...
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CRA denies Ontario taxpayer’s RRSP deduction due to pension adjustment

To help save for retirement, Canadians are encouraged to contribute to a registered retirement savings plan (RRSP) each year. The amount you can contribute is based on 18 per cent of the prior year’s ...