The new year brings some notable increases in savings and pension plan limits from the Canada Revenue Agency (CRA) - and a ...

The RRSP contribution limit has risen to $33,810 for 2026, up from $32,490 in 2025. This increase is determined as 18% of your previous year’s income, subject to a maximum cap, along with any unused ...

We all make mistakes. Like the time I bought Carolyn a treadmill for our first anniversary. I was young and naive at the time. Last year I bought her a $100 gift card for a local hardware store. She ...

Saving for your future in Canada means choosing between two accounts with distinct benefits. Registered Retirement Savings ...

Averages can be a wake-up call, and Manulife could be a simple, dividend-paying way to help your TFSA or RRSP grow faster.

For example, Canadians with children should max out their RESP, Mr. Golombek says. That’s because the federal government ...

If your $20,000 investment gives you a 10% average annual return, your RRSP could grow to $51,874 after 10 years. If you retire in 10 years and withdraw RRSP money, you’ll pay lower taxes. It is ...

As we can see, the value of non-registered investment ($2,083) after-tax, is worth less than the value of the RRSP ($2,100), meaning your RRSP has effectively given you a tax-free return of $100 (five ...