Tax season means RRSP season too!

While the first 60 days of every year tend to be the “Top up” season for financially savvy Canadians, there are people who don't seem to care about the Registered Retirement Savings Plan (RRSP) deadline and choose to remain to belong to the sort of “Anti-RRSP” crowd.

It’s tax season once again, here in Canada, it is a common knowledge that the wages that you earned in a year will be taxed by Canada revenue Agency (CRA). And I will be honest to say that I am thankful that we only have to file taxes once a year (personally speaking).

The cost of education after high school in Canada is getting steeper, to date, the estimated full cost of a 4-year undergraduate degree from a Canadian university can cost to $30,000.

For the past few months, the changes to the Universal Child Care Benefit (UCCB) has continuously unroll, while the changes in the UCCB is effective January 2015, the Canada Revenue Agency (CRA) will only be in the position to make increased payment until the proposed changes has received Royal Assent and the necessary changes

“All my bags are packed I’m ready to go…”
Now that you have prepared the stuff that you are bringing with you on your big move, preparing to bring along your funds with you should also be on top of your priorities.

This is somewhat considered to be a “late” post, but because I promised to myself that I will try to at least have one post every month – I thought of using this challenge that I am into for this month.

About Us

Momsiecle is short for Momsie’s Circle. As our family start a new chapter of our lives in Winnipeg in 2009, I also started to write about my challenges and triumphs in Canada as an immigrant, my mommy stories, my everyday life experiences and everything in between. Enjoy your visit!

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