Tag Archives: RRSPs

A Tax Savings Debate: RRSP or TFSA?

To help Canadians save money for the future without an additional tax burden, the Government introduced the Tax-Free Savings Account (TFSA) in 2009. It is likely the most important personal savings vehicle since the Registered Retirement Savings Plan (RRSP) came into effect in 1957. Having the additional savings option, while welcome, created some confusion and […]

A Tax Savings Debate: RRSP or TFSA?

Scotiabank: Fewer Canadians Plan to Make RSP Contributions This Year

Only 3 in 10 Canadians plan to contribute to an RSP plan this year according to a Scotiabank survey. This is an 8 percent decrease from the 39 percent who made contributions both in 2012 and 2011. Additionally, Scotiabank’s Annual Investment Poll reports that three quarters of respondents (74%) who hold RSPs, and consider contributing […]

Scotiabank: Fewer Canadians Plan to Make RSP Contributions This Year

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