Furthermore, investments held within an RRSP grow tax-free, meaning you don’t pay taxes on dividends, interest, or capital ...

It’s important to recognize that many charities in Canada are experiencing a significant reduction in donations this year – ...

If you're due to take a required minimum distribution from a qualified account, be aware of some changes to the rules. In particular, changes apply to inherited individual retirement ...

If you need a source for your down payment, the Home Buyers’ Plan will allow you to withdraw up to $60,000 from your RRSP to ...

The new year brings a fresh batch of opportunities for investors to lower their tax bills and keep more of that money compounding in investments.

Tax planning in Canada isn’t just for March and April. These smart tax moves need to be made before January 1.

To meet the couple’s goals, a planner suggests having a moderate-risk investment portfolio, a plan to wind up Paul’s company ...

Individuals can contribute to a spousal RRSP, of which their spouse or common-law partner (CLP) is an annuitant. That allows ...

Tax calculation: The Income Tax department has announced that cash withdrawals by foreign representations will not be subject to Tax Deducted at Source (TDS) starting from December 1. As per ...

The minimum portion of the payment cannot be transferred to an RRSP or to a RRIF ... Now Mrs. Thompson has access to withdraw the funds from her RRIF in a future tax year with more flexibility ...

The Canada Revenue Agency (CRA) has added another $7,000 to the total amount that can be contributed to a tax-free savings ...