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Personal Financial Planning

February 19, 2020

RRSPs and TFSAs – making the annual choice

If there is one invariable “rule” of financial and retirement planning of which most Canadians are aware, it is the unquestioned wisdom of making regular contributions […]
January 14, 2020

Canada Pension Plan Contributions for 2020

The Canada Pension Plan contribution rate for 2020 is increased to 5.25% of pensionable earnings for the year. The maximum pensionable earnings for the year will […]
January 14, 2020

Quebec Pension Plan Premiums for 2020

The Quebec Pension Plan contribution rate for employees and employers for 2020 is 5.7%, and maximum pensionable earnings are $58,700. The basic exemption is $3,500. The […]
December 14, 2019

Year-end planning for RRSPs and TFSAs

For most Canadians, registered retirement savings plans (RRSPs) don’t become top of mind until near the end of February, as the annual contribution deadline (which, for […]
November 14, 2019

Getting a fix on your retirement income

Most Canadians expend a considerable amount of time and effort in order to put money aside for retirement. Especially in an era in which the majority […]