Useful Websites

Publications

• Canadian MoneySaver
• MoneySense Magazine

Taxes

• TaxTips.ca

Government resources

Registered Education Savings Plan – RESP

A registered education savings plan (RESP) is a contract between an individual and a person or organization.Under the contract, the subscriber names one or more beneficiaries and agrees to make contributions for them, and the promoter agrees to pay educational assistance payments (EAPs) to the beneficiaries. For more information, see How an RESP works.

Registered Retirement Savings Plan – RRSP

An RRSP is a retirement savings plan that you establish, that we register, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.

Tax-Free Savings Account – TFSA

The Tax-Free Savings Account (TFSA) allows Canadians, age 18 and over, to set money aside tax-free throughout their lifetime. Each calendar year, you can contribute upto the TFSA dollar limit for the year, plus any unused TFSA contribution room from the previous year, and the amount you withdrew the year before.

Grant Thornton Tax Planning Guide

The 2015–2016 edition of our planning guide is an up-to-date reference on the latest business and individual tax developments.

Home Buyers’ Plan – HBP

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. You can withdraw up to $25,000 in a calendar year.

Credit reports

You can order credit reports for FREE via mail from Equifax, TransUnion