Stock news for investors: Goeasy shares plunge nearly 60% after lender suspends dividend + MORE Mar 14th

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When to consider extra RRIF withdrawals Apr 4th

I am in my 91st year and for my age, in reasonably good health. I drew down a significant extra sum in 2025 from my RRIF. Fortunately, due to some good earlier decisions, my RRIF remains with a very strong market value. I use this drawdown for two purposes: to reinvest in my non-registered accounts.... More »

How job changes can affect your taxes + MORE Mar 28th

Landing a new job or being laid off from your current position can be life-changing—whether it’s an exciting transition, a tough stretch or a chance at a fresh start. But months after the dust settles, people often forget that job changes can also impact that year’s tax return. Expe.... More »

Do you actually need a financial advisor in your 30s and 40s? May 9th

At some point, most Canadians are told they need a financial advisor. But is hiring one really necessary when you’re in your 30s and 40s, or can it wait until you’re closer to retirement? Like a lot of financial advice, the answer depends on your personal circumstances; it’s less about yo.... More »

Best cash-alternative ETFs for Canadian investors 2026 + MORE May 2nd

If the only investment account you have is a registered retirement savings plan (RRSP), you probably don’t need to concern yourself with cash or cash-equivalent holdings. But let’s say you’re in the market for your first home and you’re saving up a down payment. You can’t afford to lose mo.... More »

Tax write-offs that Canadians often get wrong Apr 18th

I come across frequent questions from taxpayers about expenses they think they can claim as a tax deduction or credit. Often, they cannot be claimed, or there are strict criteria that apply. Safety deposit box Back in the olden days, investors sometimes kept stock certificates in their safety .... More »

Moving to the U.S.? Your locked-in RRSP may not be as locked in as you think

– moneysense.ca

For Canadians relocating to the United States, one retirement question surfaces repeatedly: what happens to a locked-in RRSP?

Locked-in retirement accounts, commonly known as LIRAs, are designed to preserve pension money for retirement. But under certain circumstances, leaving Canada can create an opportunity to access those funds earlier than expected. The key is understanding that the rules are statutory, jurisdiction-specific, and far from uniform.

Why locked-in accounts exist

Locked-in RRSPs typically arise when an employee leaves a workplace pension plan—either defined benefit or defined contribution—and transfers the commuted value into an individual account. Unlike a standard RRSP, the funds are governed by pension standards legislation rather than solely by the Income Tax Act.

The purpose is straightforward: pension assets are meant to provide retirement income, not be withdrawn prematurely. As a result, access is restricted. At retirement, funds must generally be converted into a Life Income Fund (LIF) or similar vehicle, which imposes annual minimum and maximum withdrawal limits…

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Stock news for investors: Goeasy shares plunge nearly 60% after lender suspends dividend

– moneysense.ca

Here’s a round-up of news for Canadian investors this week.

Goeasy

Algoma Steel

Transat

RBC

MDA Space

Empire

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…

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