RRSP Deadline Fast Approaching!!!

February 16, 2017

This is a friendly reminder that RRSP deadline is fast approaching as the final date is March 1st, 2017.

Important Points:

1) Contributions towards RRSP’s deduct from your taxable income.

2) Any taxes you would have paid on your taxable income between the original and new adjusted amount would be a refund pending no other taxable events occur.

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Let’s start the year!

February 6, 2017

A new year is upon us as January brings in new political leadership lead by President Trump and a new set of economic and political uncertainties. Though there are many people that are scared, we do not foresee a doomsday scenario but rather an opportunity for the new administration to enhance the economic welfare of the US. They are our biggest trading partner and with Trump focusing on ripping up NAFTA (North American Free Trade Agreement) it has everyone wondering what will happen with our partnership. So far, it seems that most of the plight is directed towards Mexico due to their massive wage inequality.

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