On March 19th, the federal government announced its latest budget, which included a number of proposed changes to social programs that will be phased in over the next several years. There are also changes coming to registered savings accounts such as RRSP, RDSP, RRIF, RPP, and the TFSA. These changes are aimed to help middle class Canadians save for retirement and optimize their savings. The following two links summarize these changes and put into plain language some of the proposed actions that will affect Canadians and their families:
The Globe and Mail:
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