Annually the Canada Revenue Agency (CRA) adjusts the contribution schedules for three of our most popular retirement and investment vehicles.
Increase in RRSP Contribution Room
The maximum allowable room has now been increased from $27,300 (in 2020) to $27,830 as of January 1st, 2021.
Bull or Bear Market deals with stock market expectations from industry analysts for the balance of 2020.
It’s an article I wanted to share from Wealth Professionals. I subscribe to their electronic newsletter and with the election coming up in less than 50 days, thought you may find this of interest.
Even in “normal” times, the future, at least in the short to mid term, is a guessing game at best. The emergence of COVID-19 is the best example that trying to look forward with any clarity and precision is a fools’ errand.