RRSP – Registered Retirement Savings Plan

  January to the end of February is known as the ‘RRSP’ season. There is always a huge rush to make RRSP (Registered Retirement Savings Plan) contributions, especially on the last day. In 2013 alone, Canadians contributed 37.4 billion to their RRSP, according to Statistics Canada (CBC). Regardless of what time of the year it is, you should always keep […]

RRSPs – also known as Registered Retirement Savings Plans are a useful tool to help all generations, from millennials to baby boomers, save for retirement. RRSPs are also useful for other purposes, such as saving up for a down payment on your first home, or saving up for university/college tuition. RRSPs – How Does It Work? The amount that can […]