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

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

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

Herbert wonders if his pension, plus drawdowns from his investments and other income sources, will be enough to meet his ...

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 ...

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Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. While an investment portfolio is ...

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.

Like the TFSA, the RRSP allows your contributions to grow tax-free. But unlike the TFSA, when you withdraw money from your RRSP, you’ll pay income taxes for whatever you cash out. Why do you pay ...