The median net worth of Canadian families has increased, partly due to the increase in financial assets.
With the RRSP deadline fast approaching, Canadians are trying to scrape together some money to make a contribution.
After lengthy negotiations, Canada and the United States have signed an intergovernmental agreement under the longstanding Canada-U.S. Tax Convention.
A fact sheet from the Office of the Chief Actuary shows that the shift to DC from DB is continuing.
Fifty-three percent of Canadians still haven't opened a tax-free savings account, and 42% of those without one don't intend to open one this year, according to an ING Direct survey.
A survey finds that nearly half of Canadians have a tax-free savings account, yet many still aren't familiar with the rules.
As the RRSP contribution deadline approaches, many Canadians are debating whether to invest in an RRSP or a tax-free savings account (TFSA). A BMO study has found that many are particularly intrigued by the TFSA. According to the study, 67% of Canadians have an RRSP and 39% have a TFSA. Despite the greater prevalence of […]
Recent polls suggest that Canadians aren’t using two potentially valuable retirement savings vehicles to their full potential.
Although tax-free savings accounts (TFSAs) have been on the market since 2009, the majority of Canadians aren’t using them, and general knowledge about the savings vehicle is lacking.
While nearly half of Canadians have a tax-free savings account (TFSA), many are not taking advantage of the unique benefits the account offers for saving, according to a new poll.