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How to Use a Spousal RRSP to Save Thousands in Retirement (2026 Guide)

  Published: April 2026 | Reading time: 10 min | Category: Retirement, Tax Savings, Personal Finance Most Canadian couples are leaving thousands of dollars on the table every single year by not using a spousal RRSP. It's one of the most powerful — and most underused — income-splitting strategies available to Canadians, and it's completely legal, fully endorsed by CRA, and available to almost every married or common-law couple in the country. If one spouse earns significantly more than the other, a spousal RRSP can save your household $5,000–$15,000 or more in lifetime taxes. This guide explains exactly how it works, who benefits most, and the rules you need to know to do it correctly. What Is a Spousal RRSP? A spousal RRSP is a Registered Retirement Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ). The key mechanics: The contributing spouse gets the ...
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Wall Street Mixed as Red-Hot Chipmaker Nvidia Claws Back Losses

 

World stocks experienced mixed performance today, with Wall Street showing a quiet and varied session. The red-hot chipmaker Nvidia, which had seen a meteoric rise in recent weeks, contributed to the market’s mixed sentiment.

Nvidia’s Recovery

  • Nvidia’s stock rose 2.2% before the opening bell, signaling a partial recovery from its recent losses. The frenzy over artificial intelligence (AI) that had propelled Nvidia’s stock to new heights appeared to be cooling down.
  • Just last week, Nvidia briefly overtook Microsoft as Wall Street’s most valuable company. However, in the past three days, it had declined nearly 13%.

Other Market Highlights

  • Microsoft: Shares of Microsoft remained essentially flat after the European Union accused the software giant of violating antitrust rules related to its Teams messaging and videoconferencing app.
  • SolarEdge: Solar panel manufacturer SolarEdge faced challenges, with its stock tumbling more than 17% before the bell. Customer PM&M Electric, owing SolarEdge over $11 million, filed for bankruptcy. Additionally, SolarEdge announced plans to raise $300 million through the sale of convertible senior notes.
  • Epac: Toolmaker Epac slid more than 9% due to missed third-quarter sales targets and lower-than-expected fourth-quarter revenue guidance.
  • Consumer Confidence Report: Later today, the Conference Board will release the latest consumer confidence report. In May, U.S. consumers showed increased confidence despite elevated inflation and high interest rates.
  • Global Markets: In Europe, France’s CAC 40 lost 0.8%, Germany’s DAX sank 1%, and Britain’s FTSE 100 was 0.2% lower. Japan’s benchmark Nikkei 225 surged 1%, while the Hang Seng in Hong Kong recovered most of its daytime losses to end 0.3% higher.

Conclusion

Today’s market reflects a mix of optimism and caution, with Nvidia’s performance closely watched. 

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