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Why Vanguard’s ETF aimed at retirees is currently cautious in its asset allocation Feb 27th
As a semi-retired investor who recently started a registered retirement income fund (RRIF), I regard exchange-traded funds (ETFs) from Vanguard Group as a major part of my core portfolio, along with low-volatility ETFs from BMO ETFs, and income-oriented ETFs from various other vendors.
After the .... More »
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The journey from idea to IPO is a difficult one. In this five-part series, we look at how founders scaled their startups and reached new milestones.
Robert Hyde realized he needed a new strategy.
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Why tax season is turning into a debt trap for Canadians (and how to avoid it) + MORE Apr 2nd
If you typically carry a credit card balance, you’re in good company. The recent Study of the Canadian Consumer (Winter 2026) by Vividata shows that more than 1 in 3 Canadians (36%) usually have a credit card balance from month to month. What’s striking, however, is the study’s finding that 49.... More »
Investing in the health care sector—better returns than tech? + MORE Apr 19th
The tech sector has been a favourite of Canadian investors in recent years, thanks to growing global adoption of technology, innovative product offerings, a revenue boom and stock price appreciation—all of which have created a fear of missing out among investors. However, tech stocks have been qui.... More »
Rental income and taxes: What’s new for Canadian property owners in 2025 + MORE Apr 14th
Canadians love their real estate and they love renting their properties to make some extra money. However, that comes with some tax audit risk and the need to stay in the know of current tax law. Here’s what you should be thinking about for your 2024 and 2025 income taxes, as well as the forms you.... More »
What’s my RRSP contribution limit for 2020?
– moneysense.ca
If you’re like many Canadians, you’re hoping you’ve paid enough tax in 2020 and may even be looking forward to a hefty tax refund. You can help ensure that happens by knowing the details of your Registered Retirement Savings Plan (RRSP), what sets them apart, your contribution limit and a whole slew of other things. Here are the basics:
What’s an RRSP?
An RRSP is a retirement savings plan that you open at a bank or other financial institution near you. It’s registered by the federal government of Canada, and you can contribute to it up to an annual maximum amount.
What’s special about RRSPs?
Contributions to RRSPs are deductible, meaning they can be used to reduce your taxes. Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the plan; you generally have to pay tax when you withdraw money from the account.
What’s an RRSP?
An RRSP is a retirement savings plan that you open at a bank or other financial institution near you. It’s registered by the federal government of Canada, and you can contribute to it up to an annual maximum amount.
What’s special about RRSPs?
Contributions to RRSPs are deductible, meaning they can be used to reduce your taxes. Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the plan; you generally have to pay tax when you withdraw money from the account.
10 RRSP questions answered »
Who can open an RRSP?
If you have earned income, have a social insurance number and have filed a tax return, you can contribute to an RRSP up until December 31 of the year your spouse turns 71…
