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Author Archives: coveredflf
CPP maximum pensionable earnings for 2023 announced
The CRA also updated the RRSP dollar limit The Canada Revenue Agency has announced that the maximum pensionable earnings under the Canada Pension Plan for 2023 will be $66,600, up from $64,900 in 2022. Contributors who earn more than $66,600...
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More rate hikes are coming, but cuts won’t be far behind
Historically, cuts have followed within eight months of a hiking cycle’s end, a report says With yet another U.S. rate hike on tap for Wednesday, a new report from National Bank Financial Inc. (NBF) examines how rate-hiking cycles end and when...
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Inflation to trigger bump in TFSA room in 2023
Next year’s limit can be calculated using CPI data released Wednesday High inflation rates are set to push the TFSA dollar limit for 2023 to $6,500, up from $6,000 this year. That means the total contribution room available in 2023 for...
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Inflation is cooling, but the Bank of Canada isn’t done its...
Core measures also pointed to a slowdown in annual inflation last month Inflation in Canada is cooling faster than expected, but economists don’t expect the Bank of Canada to back down from its fight just yet. The annual inflation rate...
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RRSP Season 2022 – Contribution Deadline of March 1, 2022
RRSP Season 2022 – Contribution Deadline of March 1, 2022 It’s that time of the year again when you get around 60 days to catch up on your RRSP contributions for the previous year. An RRSP account keeps your investments tax-sheltered (until...
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Fewer Canadians have disability coverage through workplace benefits, leaving them more...
Fewer Canadians have disability coverage through workplace benefits, leaving them more at risk NEWS PROVIDED BY RBC Insurance Apr 24, 2018, 07:00 ET Twitter: The number of Canadians with disability insurance through workplace benefits is on...
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