Client guide to 2019 tax reporting

Jan 29, 2020 |RBC Wealth Management
This guide summarizes the important dates and required tax information to prepare your annual tax return. It also includes a handy list of potential tax slips you may receive from RBC Dominion Securities (depending on your investment holdings and account...
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Early 2020 tax tips

Jan 21, 2020 |RBC Wealth Management
When the end of the year approaches, many individuals place a greater focus on tax planning to minimize their income tax liability. Beyond the end of the year, however, there are some areas of tax planning that often get overlooked. For example, there...
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RRIF payments and withdrawals

Dec 13, 2019 |RBC Wealth Management
You can think of a Registered Retirement Income Fund (RRIF) as an extension of your Registered Retirement Savings Plan (RRSP). Your RRSP is used to save for your retirement while your RRIF is used to provide you with retirement income. The main benefit...
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Beware this TFSA pitfall for young clients

Nov 27, 2019 |Rudy Mezzetta
Calculating contribution room can be tricky for people born in the 1990s. Canadians born in 1992 and later should know that their TFSA contribution room begins to accumulate in the year in which they turn 18, and not the year in which the TFSA program...
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CRA sets CPP Maximum pensionable earnings for 2020

Nov 14, 2019 |Advisor's Edge
The Canada Revenue Agency announced on Friday that the maximum pensionable earnings under the Canada Pension Plan for 2020 will be $58,700, up from $57,400 in 2019. The new ceiling was calculated according to a CPP legislated formula that takes into account...
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The U.S. National Debt

Sep 12, 2019 |Emily Fung
According to the Wall Street Journal, the U.S. government spent much of the 20th century not only in debt, but with the idea that most of the government's spending should be balanced by collecting taxes instead of borrowing. Some of the peak debt levels...
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Unfriendly trade winds? Putting the selloff in perspective

Aug 06, 2019 |Emily Fung
Markets swooned worldwide amid a reignition of U.S. - China trade tensions and a sinking Chinese yuan. While the selloff was jarring, some perspective is in order. We believe investors should maintain equity positions as the U.S. economy is not in danger...
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US-China trade raising tariffs

May 24, 2019 |Emily Fung
In case you haven't been following U.S. President Donald Trump's twitter handle of late, as of May 19, trade negotiations between the U.S. and China deteriorated further with the U.S. raising tariffs to 25% on $200B of Chinese imports from 10%. In addition...
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An aging economic expansion

Apr 02, 2019 |RBC Wealth Management
RBC Global Asset Management’s chief economist shares his views on the economic growth outlook, the cycle positioning of the U.S. economy, and recession probabilities. (Eric Lascelles) Please click the link for full article.
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Climate change: Changing the investment climate

Apr 02, 2019 |RBC Wealth Management
We shouldn’t overlook how climate change is changing the investment climate. Economic activity can be stressed by extreme weather events and increased regulatory costs to mitigate and adapt to climate change. As such, it preoccupies businesses, central...
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