January 2022
Whatever your resolutions or projects that you have planned, we wish you much success during this new year. And to start 2022 on the right foot, here are a few reminders.
First of all, the RRSP limit has been raised to $29,210. It was $27,830 last year. As a reminder: your authorized contribution room is always indicated on your notice of assessment from the
federal government once your taxes have been filed for the previous year. And the deadline to contribute to your RRSP is Tuesday, March 1
st, 2022.
Secondly, with regards to a TFSA, the maximum is still set at $6,000, bringing to the total eligible amount to $81,500. The limits for various retirement savings and pension plans are laid out
here.
We have prepared our video review of the last quarter of 2021, which is available in
English and
French.
The new year is also a chance for us to remind you that we were very active in the media last year. You can read or listen (or re-read or re-listen!) to our various articles and mentions
here, including
this one (in French) about the importance of dividend income during retirement.
Until next time!
Francis, Michael, Hossein and Kristopher
A new ice maze where you can go skating this winter
Image credit: Parc nature Éco-Odyssée/Facebook
Check your calendar, and get your skates sharpened! The Éco-Odyssée water maze in Wakefield, in the Outaouais area, is transforming itself this winter into a big ice labyrinth for skaters.
Read the article
What does 2022 have in store for us? Inflation will have an impact on almost everyone
Image credit: Apple images
Supermarket prices, housing costs, energy bills, and wages are just a few aspects of everyday life that will continue to be impacted by the rise in inflation and in Canada, which started with a spike in the Consumer Price Index (CPI) in April of last year.
Read the article
Missed a previous edition of the VPG bulletin?
You can read or re-read past editions on our website.
Click here
