Your finances and taxes

Caution: This section deals with a serious and, it’s no secret, not very pleasant subject. We wanted to provide you with information to complement what you’ll find on the Web sites of the Ontario Ministry of Finance and Canada Revenue Agencyregarding the preparation of your income tax returns

The harsh reality: No one can escape having to declare their income and pay their taxes. But by following certain basic rules, you can reduce the amount of income tax you pay.

The basics

Investments and taxes

Taxes at retirement

Did you know?

If your (legal or common-law) spouse’s income will be lower than yours at retirement, it might be to your advantage to contribute to an RRSP of which your spouse is the beneficiary.

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