Most Canadians are unaware of their ultimate tax liabilities
Most Canadians are unaware of their ultimate tax liabilities.
Does that include you?
Have you and your spouse been fortunate enough to accumulate substantial savings in RSPs? Did you roll your RSPs into a RIF? Did you know that 46% of those hard-earned retirement savings will be taxed on the second death of you and your spouse? In other words, your estate will pay the government $460,000 on $1 million of retirement savings.
105-year-old Toronto woman forced to wait 10 years for long-term care told to wait two more
What worries the wealthy?
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