Tax strategies to help you achieve your goals

Tax planning can be an important strategy to help you achieve your financial goals. Here are some featured tax articles that can make tax planning easy to understand, relevant and actionable.

2022 Federal Budget

Learn how this year’s federal budget could affect you. 

2022 Federal Budget (PDF, 150 KB) Opens in a new window.

Featured advice

Missing the point? Financial and tax considerations of loyalty point redemptions (PDF, 190 KB) Opens in a new window.

This report outlines some things to bear in mind before redeeming loyalty points for rewards, with a focus on tax considerations.

It's 2022: Do you know what your tax rate is? (PDF, 210 KB) Opens in a new window.

This report will help you to understand how your income is taxed and why the “advertised” tax rate isn’t always what you end up paying.

When it makes sense to maximize RESPs over RRSPs (PDF, 120 KB) Opens in a new window.

An individual could come out ahead if they were to bypass their RRSP contribution for the time being in favour of maximizing contributions to their RESP, to start catching up on missed Canada Education Savings Grants (CESGs).

Five ways to minimize your 2022 tax bill (PDF, 135 KB) Opens in a new window.

The start of the new year is the perfect time to review your tax minimization strategies for the year ahead. Here are 5 things to consider early in 2022.

Beware the big tax hit (PDF, 120 KB) Opens in a new window.

Beware the big tax hit that could be lurking in your house, if you decide to rent part of it out or have your office in it.

Tax filing in the ’20s: Mining the new tax return for extra money this spring (PDF, 210 KB) Opens in a new window.

The T1 Personal Income Tax Return was redesigned for the 2019 tax year. This report lets you know where to look in the form to claim valuable tax deductions and credits.

Prescribed rate loans: The 1% solution (PDF, 130 KB) Opens in a new window.

Here's how to use prescribed rate loans to split income with family members.

Intaxication: Why getting a tax refund may be a sign of poor financial planning (PDF, 135 KB) Opens in a new window.

Learn how to use your tax refund to your advantage. Even better, eliminate next year’s refund altogether and benefit from the taxes you save all year.

Retirement planning

It’s time for retirement planning to evolve into life planning. Explore the stages of life and retirement planning

Learn moreabout stages of life and retirement planning

Registered Education Savings Plan (RESP)

It’s never too early to begin investing in your child's post-secondary education.

Learn moreabout RESPs