Important Dates & Information
- 2020 TFSA limit: $6,000
2020 RRSP limit: $27,230 | 2021 RRSP limit: $27,830
- March 2: Deadline to issue T4s, T4As, and T5s and for issuers of TFSAs to file their annual information returns.
Deadline to contribute to an RRSP for the 2019 tax year (including Home Buyers’ Plan/Lifelong Learning Plan repayments).
- April 30: Deadline to file personal income tax returns
- Dec 31: Contribution deadline for Registered Education Savings Plans (RESP).
Deadline to make charitable donations to be claimed for the 2020 tax year.
Determining the best approach.
It can be difficult to stay invested during volatile markets, especially when headline news and pundits forecast a wild ride for financial markets.
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