All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
Wealthsimple Trade in-depth review 2023: The pros and cons of investing on this app + MORE Jun 12th
Investing
Wealthsimple Trade in-depth review 2023
Is it easy to buy and sell stocks and ETFs? Is it safe for Canadian investors? Find out the pros and cons of trading on the Wealthsimple app and website.
Open a Wealthsimple Trade account*
.... More »
How to build a couch potato portfolio + MORE Sep 3rd
Though the investment industry now offers a few different ways to create a couch potato portfolio, they all have a few things in common. First, they all adhere to the ethos of passive investing, such that you end up with broad exposure to the stock and bond markets—and possibly other asset classes.... More »
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged - Sportsnet.ca Mar 4th
'Never fully comfortable': Maple Leafs' Kerfoot and the trade he dodged Sportsnet.caLeafs GM Kyle Dubas: ‘This is the year we have to put it all together’ Toronto StarVictory or death should always be the Toronto Maple Leafs' objective at the NHL trade deadline T.... More »
The best dividend stocks in Canada 2024 + MORE Oct 9th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Best Dividends in Canada Table of Contents
Top .... More »
The Wealthy Barber says Canadians face more opportunities—for profit and peril Dec 9th
David Chilton was down on his luck. In 1988, the aspiring author decided to cash in his RRSP and self-publish a book about a savvy barber who dispenses financial advice—like not to cash in your RRSP—to curious, wisecracking customers. “The one time I was struggling—badly—in finance was whe.... More »
What’s the RRSP deadline for 2022?
– moneysense.ca
RRSP contribution deadline highlights
The RRSP contribution deadline for 2022 is March 1, 2023. Contributions made before the deadline must be reported on your 2022 tax return, but you can choose to carry the deductions forward into 2023 or beyond.
The RRSP contribution deadline for 2022 is March 1, 2023. Contributions made before the deadline must be reported on your 2022 tax return, but you can choose to carry the deductions forward into 2023 or beyond.
Every year, Canadians are asked to prepare an income tax return for the previous tax year. Most of the time, the tax year and calendar year align perfectly, meaning you’ll file a return in 2023 based on income you earned and deductions you qualified for between January 1 and December 31, 2022.
There’s one well-known exception to this rule: With registered retirement savings plans (RRSPs), Canadians have 60 days after the end of the calendar year to make contributions for the previous tax year. This means you have until March 1, 2023, to make an RRSP contribution and lower your taxable income for the 2022 tax year.
What’s an RRSP?
An RRSP is a registered savings account designed to help Canadians save for retirement…
