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 ...

The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...

The First Home Savings Account gives Canadians a powerful way to save for their first home while enjoying tax benefits.

Ms. Watson advises anyone who is switching to renting to ensure they invest the proceeds from their home sale so those funds ...

A non-registered account, on the other hand, doesn’t offer any tax advantages: All the investment income is taxable. Still, ...

If you’re not among the few who max out their TFSA every January 1, these new year TFSA tips can help you avoid penalties and ...

Last week I shared a high-level framework for thinking about tax and estate planning in 2026. I wrote about the five Ds of ...

Discover how Accumulated Income Payments (AIPs) from a Canadian RESP work, including withdrawal rules and tax penalties, if the beneficiary skips college.

A Registered Retirement Savings Plan (RRSP) becomes especially important at 70. This is the stage in life when income stability matters more than chasing growth. Therefore, having a well-built RRSP ...

Understand the FHSA and its role in home savings. Make the most of tax benefits while saving for your first house. Leverage FHSA for Tax-Free Home Buying Savings: The First Home Savings Account (FHSA) ...

A client who plans to withdraw from their TFSA in early 2026 should consider making the withdrawal now, before year-end. “Doing so will allow for recontributions as early as January 1, 2026, as ...