2022 Income Tax: New tax credits for Canadians Nov 30th

How to go about securing the best Retirement Plan in Canada.
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The best RRSPs in Canada for 2024 + MORE May 2nd

RRSPs The best RRSPs in Canada for 2024 We’ve rounded up the best RRSP rates on savings accounts and GICs, as well as the best RRSP investment accounts. Compare now Tap the button for more details. .... More »
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First home savings account: A Gen Z guide to achieving home ownership + MORE Mar 29th

Becoming a home owner is a significant milestone that many young adults wish they could afford. More than two in five Canadians (43%) plan to purchase a home in the next five years, and 24% of them have yet to start saving for a down payment, according to a study conducted by The Harris Poll for Ner.... More »
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How to confirm your CPP pension + MORE Apr 11th

How do I know if I’m receiving the correct amount of CPP? —Flora Most people who work in Canada between ages 18 and 65 will have some entitlement to the Canada Pension Plan (CPP). Employees and their employers make payroll contributions to the pension. Self-employed people contribute the.... More »
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How to stay the course with your retirement plan during market volatility + MORE Apr 11th

Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.  Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... More »

Are you missing out on RRSP matching and more? Feb 28th

A registered retirement savings plan (RRSP) is a powerful retirement savings tool, yet many Canadians aren’t getting its full benefits. A lot of us are also missing out on RRSP matching and other incentives—essentially, free money—that could go a long way to funding a more comfortable retireme.... More »
It’s that time again… to get all your paperwork ready for tax season. We all know about having our T4 and registered retirement savings plan (RRSP) contribution statements ready, but what about the new tax credits for the 2022 tax filing season? What are they and how do they work? Don’t worry, we’ve done the legwork for you.

When are 2022 taxes due?

First, the important tax dates to mark in your calendar. The deadline for individuals to file their tax returns is usually on April 30 every year. However, since that date falls on a Sunday in 2023, the deadline is May 1, 2023.

If you or your spouse or common-law partner are self-employed, your submission deadline is June 15, 2023, but if you owe any tax, you have to pay it by May 1, 2023.

Most sole proprietors or partnerships also have a May 1, 2023 deadline for their returns, unless their fiscal year doesn’t follow the traditional calendar year. Then their deadline is six months after the end of their fiscal year…

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