Tax

RRSP overcontribution woes

Statistics Canada data released in September 2017 shows that clients are embracing retirement savings accounts. According to the data, nearly two-thirds of Canada’s 14 million households made some form of retirement contribution in 2015. About 40% of households contributed to a TFSA, 35% to an RRSP and 30% to a registered pension plan. Almost 10% […]

By Jamie Golombek |October 20, 2017

4 min read

Morneau to change surplus stripping proposals

Morneau will make the announcement at a farm alongside Agriculture Minister Lawrence MacAulay in Erinsville, Ont.

By Staff, with files from The Canadian Press |October 19, 2017

2 min read

Tax proposals modified to allow $50K in passive income

Only about 3% of the ``most wealthy'' privately owned corporations will have to pay higher taxes

By Staff, with files from The Canadian Press |October 18, 2017

2 min read

How life insurance dispositions are taxed

Tax reporting requirements for various dispositions

By Kevin Wark |October 13, 2017

5 min read