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Surge in borrowing done by most indebted households
One-third of Canadian households hold three-quarters of the debt, finds CIBC World Markets report
Category: Financial Planning
Digital Banking to be the main way customers interact with banks by 2015: Report
Digital banking is set to overtake branch networks as the main way customers interact with their bank by 2015.
More young Canadians holding RRSPs
By ILSTV Staff on Jan 20, 2012 in Financial Planning
Number of 18 to 34 year-olds with RRSPs rises from 39% last year to 43% this year, says RBC RRSP poll
Small business support PRPPs: Poll
Sixty-eight percent of SME employers who do not currently offer a retirement plan of any kind are interested in providing PRPPs
Financial Planning Tips: RSP Over-Contribution Penalties
Severe penalties for over contributing to an RSP
Retirement outlook unclear for many Canadians
Though they are fast approaching their own retirement, just 23 percent of Canadian Baby Boomers say they have a clear picture of their retirement and what they want to do
Consumer warning issued on debt reduction companies
“If an offer to reduce your debts seems too good to be true, it probably is,” says the Financial Consumer Agency of Canada
Twelve days of tax tips – Day 12
By ILSTV Staff on Dec 23, 2011 in Financial Planning
On the last day of tax tips, trades workers may want to top up their tools
Twelve days of tax tips – Day 11
By ILSTV Staff on Dec 22, 2011 in Financial Planning
On the eleventh day of tax tips, reduce the taxable benefit on your company car
Twelve days of tax tips – Day 10
By ILSTV Staff on Dec 21, 2011 in Financial Planning
On the tenth day of tax tips, take care of your estate planning if you own property outside of Canada
Twelve days of tax tips – Day 9
By ILSTV Staff on Dec 20, 2011 in Financial Planning
On the ninth day of tax tips, look at paying certain expenses in 2011 to maximize individual tax benefits
Twelve days of tax tips – Day 8
By ILSTV Staff on Dec 19, 2011 in Financial Planning
On the eighth day of tax tips, consider whether it makes sense to defer your RRSP contribution
Twelve days of tax tips – Day 7
By ILSTV Staff on Dec 16, 2011 in Financial Planning
On the seventh day of tax tips, look at loaning money to your spouse or common-law partner and splitting the income
Twelve days of tax tips – Day 6
By ILSTV Staff on Dec 15, 2011 in Financial Planning
On the sixth day of tax tips, look at deferring the tax when selling your business
Twelve days of tax tips – Day 5
By ILSTV Staff on Dec 14, 2011 in Financial Planning
On the fifth day of tax tips, look at deferring reporting interest income on investments
Twelve days of tax tips – Day 3
By ILSTV Staff on Dec 12, 2011 in Financial Planning
On the third day of tax tips, look at accelerating your business expenses into this year’s higher tax rates
Twelve days of tax tips – Day 2
By ILSTV Staff on Dec 09, 2011 in Financial Planning
On the second day of tax tips, look at maximizing the small business deduction
Twelve days of tax tips – Day 1
By ILSTV Staff on Dec 08, 2011 in Financial Planning
On the first day of tax tips, consider switching end-of-year bonuses into dividends
Financial Planning Tips: PRPPs
Understanding the Pooled Pension Retirement Plan or PPRP
