The case hinged on a small provision in the Income Tax Act, Section 160, which says that if an individual transfers property ...

If your client has a life income fund (LIF) that earned big returns in 2024, they may have the opportunity to unlock a larger portion of the LIF this year, depending on the governing province.

Sheesh, Derek, give your head a shake. There are times to be acquisitive, and times to turtle.

Here are five ways assets in RRSPs can be transferred on a tax-deferred or tax-free basis. Switching financial institutions ...