Your RRSP is at risk!

Are the Conservatives about to make your RRSP taxable?

150908

The Great Financial Trust Rip-Off On November 1, 2006, the Conservative Finance Minister announced out of the blue that all Canadian Income Trusts (ITs) would be double-taxed just like ordinary corporations. So all Income Trusts, current or future, would have to pay income tax on their earnings, and you as a unitholder would have to pay income tax on those same earnings all over again, after they are paid out to you as regular distributions. This obviously made the Trusts much less desirable as investments, as their distributions... [Lire la suite]