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A tax guide for Canadians with disabilities + MORE May 6th
It is the understatement of the century to say that being disabled is expensive. Many advocates refer to the added financial burden as the “disability tax”—the extra, unavoidable costs of living with a disability. In Canada, where about 27% of people identify as disabled according to Statistic.... More »
Should you pay your tax instalment payments? + MORE May 13th
If you generally owe when you file your tax return, you are probably accustomed to paying quarterly income tax instalments. These are requests to pay some of your estimated tax for the current tax year in advance, even though it is not due until the following April.
Everywhere but Québec, the tr.... More »
Stock news: Cogeco, Roots, and BlackBerry deliver earnings gains but outlooks remain mixed + MORE Apr 15th
Here’s a round-up of news for Canadian investors this week.
Cogeco
Roots
BlackBerry
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 1.50% interest, t.... More »
Best fixed-income ETFs for Canadian investors 2026 + MORE Apr 29th
With the downturn in stock markets in 2026, many investors are grudgingly coming around to the realization that they need exposure to other asset classes in their portfolios. And the most readily available is bonds, which have the advantage, historically, of being negatively correlated to stocks. Th.... More »
Tax refunds 2026: How to make every dollar count + MORE Apr 22nd
For many Canadians, a tax refund feels like a bonus—a bit of extra cash that shows up each spring. In reality, it’s your own money being returned after a year of overpaying taxes, and how you think about it often determines how far that money goes.
The difference comes down to mindset. When a.... More »
When to consider extra RRIF withdrawals
– moneysense.ca
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, and also to pass money to my three adult children (tax free in their hands). My TFSA is maximized and my income is such that I no longer qualify for OAS.
Would you please comment on this strategy?
—Robert
A lot of people hope to say they are reasonably healthy at age 81, let alone 91, Robert. I should trade you my financial advice for your longevity advice. I can address some of the considerations here for you and for other readers.
Minimum RRIF withdrawals
There are minimum required withdrawals from a registered retirement income fund (RRIF) each year. If you convert your registered retirement savings plan (RRSP) to a RRIF at age 71, for example, your withdrawals at age 72 must be at least 5…
