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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Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ).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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Canadians Rally Nationwide Against Carney’s Policy Agenda

Rallies in Toronto, across Canada, challenge elements of Carney's agenda.


Hundreds of demonstrators gathered at Sankofa Square in downtown Toronto on Saturday, joining coordinated rallies across the country to oppose elements of Prime Minister Mark Carney’s agenda.

The “Draw the Line” protest, organized by a coalition of progressive civil society groups, spotlighted concerns over the government’s support for new fossil fuel projects, anticipated public service cuts, and broader issues such as Indigenous rights and antiwar activism.

Speakers included environmentalist David Suzuki, who criticized Carney’s prioritization of economic growth over climate action, and Chrissy Isaacs of the Grassy Narrows First Nation, who emphasized the need to protect Indigenous communities and the environment.

Syed Hussan, executive director of the Migrant Workers Alliance for Change, accused the government of “enriching billionaires” while ignoring the urgency of climate collapse. Protesters also voiced opposition to proposed legislation, including Bill C-2 on immigration and Bill C-5 concerning major project approvals.

Similar demonstrations were held in Ottawa, Montreal, Vancouver, and other cities, underscoring a growing national movement ahead of the federal budget set to be tabled on November 4.


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