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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Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ).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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U.S. Pushes for June Deadline in Ukraine–Russia Peace Effort

                    Volodymyr Zelenskyy says the US has given Ukraine and Russia a June deadline to end the war. 

The United States has proposed a June deadline for Ukraine and Russia to reach a framework agreement aimed at ending the war, according to President Volodymyr Zelenskyy. He said Washington wants a clear timeline to accelerate diplomatic progress and prevent the conflict from dragging deeper into the year.

Zelenskyy noted that the U.S. is prepared to increase pressure on Moscow if negotiations stall, signaling a more assertive American role in shaping the pace of talks. Ukraine has already agreed to participate in the next round of discussions, which the U.S. has offered to host.

Despite ongoing Russian attacks on critical infrastructure and continued fighting along the front lines, Kyiv views the proposed deadline as an opportunity to consolidate international support and push for a settlement that protects its sovereignty. Whether Moscow will engage constructively remains uncertain, but the U.S. timeline underscores growing urgency to move the war toward a diplomatic resolution.


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