Skip to main content

Featured

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Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ).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 ...

article

Anthony Albanese Secures Historic Second Term as Australia's Prime Minister

 

In a landmark victory, Prime Minister Anthony Albanese has won a second consecutive three-year term, making him the first Australian leader in 21 years to achieve this feat. His center-left Labor Party secured a decisive win over the conservative opposition, led by Peter Dutton, who conceded defeat and accepted responsibility for his party’s performance.  

The election was shaped by key issues such as inflation, energy policy, and cost-of-living concerns, with both major parties presenting contrasting solutions. Albanese’s administration emphasized renewable energy and economic stability, while Dutton’s campaign focused on nuclear power and government spending cuts.  

International relations also played a role, with Albanese highlighting his government’s success in improving trade relations with China, which had previously imposed restrictions costing Australian exporters billions. Meanwhile, Dutton’s party faced criticism for its alignment with U.S. President Donald Trump’s policies, which some voters viewed as divisive.  

With this victory, Albanese is set to continue his leadership, promising economic reforms, climate action, and social welfare improvements. His win signals strong public support for his vision of a **progressive and stable Australia.  



Comments