The simple answer is a Canadian resident for tax purposes who is 71 years or younger and making an income, up to the individual’s annual contribution limit. So, what if you’re on a temporary work visa or you’re a Canadian citizen who’s lived overseas for a while and have now moved back? The CRA [...]
We can all agree that the instability of last two years have been a challenge financially for many Canadians. However, a recent Canadian survey found that 40% of respondents were able to continue to contribute to their RRSPs, according to Benefits Canada, a financial industry trade magazine. In fact, the majority of the respondents [...]
January 2022 Market Matters Presented by Mackenzie Investments Click here to read more.
The Canada Life call centre is experiencing a large volume of calls at this time due to the RRSP season. Despite the current message on their system, you have dialed the correct number. Thank you for your patience as they work through the calls and correct the problem.