The You First Blog

There are a lot of tax-related contribution limits, credits, thresholds to remember in our industry, so we’ve compiled this handy reference list. Maximum RRSP contribution: The maximum contribution for 2022 is $29,210; for 2021, it’s $27,830. The 2023 limit is $30,780. TFSA limit: In 2022, the annual limit is $6,000, for a total of $81,500… Read More

There are two prevailing concerns that we’ve been asked about more recently: rate hikes and slowing growth. Courtesy of Myles Zyblock (Chief Investment Strategist, Dynamic Funds), we’d like to present some numbers relating to these issues. 1) Rate hikes. Inflation has been a hot topic in the press with higher prices seen broadly from gas… Read More

We would like to provide you with an update on the work-from-home tax saving options available for the 2020 tax year. Those who worked from home in 2020 will have to decide whether to use the $2 a day flat-rate or detailed method.  At tax time, you can use our employment expenses checklist which will… Read More