by OBS | Feb 11, 2022 | Financial Info, Investments, Mortgages
Unfortunately, in Canada, our educational system has had large deficiencies when it comes to Financial Literacy. Financial Management, Debt Management and basically anything to do with what we do after we make our money and how to keep it, has been left for us to...
by OBS | Oct 25, 2021 | Financial Info, Investments, Taxes
Did you know RRSP’s need to be reported in the first 60 days in order to avoid a Tax Bill? Attention all RRSP-er’s! CRA will Adjust your Tax Return for failure to report your first 60 days of RRSP Contributions correctly....
by OBS | Oct 25, 2021 | Financial Info, Investments
What is over contributing in terms of RRSP’s? In Canada, the Government allows you to defer upto 18% of your annual “Earned” income, through the use of Registered Tax Deferal Plans, These Plans are usually refered to as RRSP’s, Pension Plans...
by OBS | Oct 25, 2021 | Financial Info, Investments
Thoughout our 25+ year’s of completing Income Tax Returns, we are still amazed that there are financial institutions that sell RRSP’s to clients who do not even know what they are getting, ……………well except a Tax Refund! So...
