Skip to main content

Featured

Smart RRSP Moves You Can Still Make: 10 Last‑Minute Tips That Boost Your Tax Savings

  A few strategic RRSP decisions made right before the deadline can meaningfully reduce your tax bill and strengthen your long‑term retirement plan. These ten tips focus on high‑impact actions that are easy to implement, even at the last minute. 1. Confirm Your Exact Contribution Room Check your latest CRA Notice of Assessment or log into My Account to avoid over‑contributing. Staying within your limit prevents penalties and helps you plan the most efficient deposit. 2. Prioritize High‑Tax Brackets If your income is higher this year than it will be in retirement, an RRSP contribution delivers a stronger tax refund. This is especially valuable for anyone who received bonuses or extra income. 3. Use a Carry‑Forward Strategy If you can’t contribute the full amount now, contribute what you can and carry forward unused room. You’ll still benefit from tax‑deferred growth and can top up in future high‑income years. 4. Consider Borrowing for an RRSP A short‑term RRSP loan can mak...

article

Unprecedented Drone Assault: Ukraine Targets Moscow

In a dramatic escalation of the ongoing conflict, Ukraine launched its largest drone attack on Moscow to date. The early morning assault involved over 90 drones targeting the Russian capital, leaving a trail of destruction in its wake. Residential buildings were damaged, fires erupted, and air travel was severely disrupted as flights were suspended at major Moscow airports.

Russian officials reported that air defenses intercepted a significant number of drones, but not before the attack claimed at least one life and injured several others. The assault comes at a critical time, as Ukrainian and U.S. delegations prepare for pivotal peace talks in Saudi Arabia.

This unprecedented strike underscores the intensifying nature of the conflict, with both sides employing advanced technologies in their military strategies. The attack has drawn international attention, raising questions about the potential for escalation and the prospects for a peaceful resolution.

Comments