One of the many promises made by then candidate Justin Trudeau was to create a specific savings account for first-time home-buyers, if he was re-elected.
RRSPs were first introduced in 1957. Because of their longevity, they’re the preferred vehicle when it comes to retirement savings.
The government of Canada has a great little tool to determine how much you will need to retire and how much you will need to save to achieve this.
As tax season is around the corner, a lot of “experts” urge us to contribute to our RRSP. But what … More