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.

A client who’s held a mutual fund for a long time can have significant capital gains, so liquidating all at once wouldn’t be ...

The conversation turned to RRSPs since the fast-approaching deadline for 2024 RRSP contributions is March 3, 2025. Today, I ...

The mad rush to make this year’s registered retirement savings plan (RRSP) contribution should be a little less hectic thanks to a quirk in the calendar. Since the usual March 1 deadline falls on a ...

To use the LLP, you must have an RRSP, you must live in Canada, and you (or your spouse) must be enrolled, or have received an offer to enroll, in a full-time qualifying program at a designated ...

Here's why most Canadian retirees should consider holding low-cost ETFs such as VSP in the RRSP. The post RRSP Investors: Here’s How to Lower Your Tax Bill in 2025 appeared first on The Motley Fool ...

So, if you earned $100,000 in 2024, you can contribute up to $18,000 towards the RRSP this year, lowering the taxable income to $82,000. Through spousal RRSPs, Canadian couples can reduce the ...

M12 Capital Mortgage Investment Corporation ("M12") is pleased to announce its Quarterly Dividend of $0.095 per unit. M12 ...

It's so #Y2K – now that you're all grown up you should put savings into RRSPs and TFSAs! The TFSA limit of $7000 can be combined with unused contributions. This tax-free method of investing ...