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Showing posts from January, 2017

The White House has provided assurances that Canadians with dual citizenship and permanent residents with a valid residency card and a passport

Federal Immigration Minister Ahmed Hussen said Sunday that the White House has provided assurances that Canadians with dual citizenship and permanent residents with a valid residency card and a passport from their home country will not be turned back at the American border.

Canada’s immigration minister says Canadian permanent residents from seven Muslim-majority countries targeted by a U.S. travel ban can still enter the U.S.

Ahmed Hussen says Canada has been assured by the White House that they can enter the U.S. provided they have a valid Canadian permanent resident card and a passport from one of the seven countries affected.

Dual citizens with a Canadian passport are also allowed into the U.S.

Registered Retirement Income Fund (RRIF)

A Registered Retirement Income Fund (RRIF) is a tax-deferred retirement plan under Canadian tax law. Individuals use an RRIF to generate income from the savings accumulated under their Registered Retirement Savings Plan. As with an RRSP, an RRIF account is registered with the Canada Revenue Agency.

The option exists to convert a RRSP into a RRIF anytime on or before an individual reaches their 71st year. Before the end of the year in which an individual turns 71, it is mandatory to either withdraw all funds from a RRSP plan or convert the RRSP to a RRIF or life annuity. If funds are simply withdrawn from a RRSP, the entire amount is fully taxable as ordinary income; one defers this taxation by transferring investments in a RRSP into a RRIF.

A registered retirement income fund (RRIF) is an arrangement between you and a carrier (an insurance company, a trust company or a bank) that we register. You transfer property to the carrier from an RRSP, a PRPP, an RPP, an SPP, or from another R…

Get 3GB of tablet data for only $15/month!

For a limited time, get 3GB of data for $15 per month1 when you bring your own tablet or activate a new one.Offer ends January 10, 2017, extended till Jan 31; subject to change without noticeA one-time $15 Transaction Fee applies for the processing of your tablet activation.
1. Additional data: $10/1GB, charged in $10 increments. 
2. U.S. data roaming is $7.99/50MB for 24 hours and International data roaming is $10/MB for Europe and $15/MB for all other applicable international destinations.

Current fido customer might be able to get $50 ref. credit after three months, don't forget to ask for it.

Family Tax Cut

Couples where one spouse earns a lot more than the other, and families where one spouse stays at home and raises the children, look to benefit the most.

Parks Canada: FREE Admission to All National Parks, National Historic Sites and National Marine Conservation Areas in 2017

Parks Canada is offering FREE admission to all national parks, national historic sites and national marine conservation areas in 2017 to celebrate Canada’s 150th anniversary! Plus, boating enthusiasts can get free lockage at all of Canada's historic canals and waterways! To take advantage of this offer, you'll need to order a 2017 Discovery Pass, Seasonal Lockage Permit or Seasonal Overnight Mooring Permit. All passes are free and only the 2017 Discovery Pass is currently available, with the other passes coming soon. 2017 Discovery Pass -- FREE admission to over 200 eligible Parks Canada locations (click here to view a complete list)Seasonal Lockage Permit -- FREE passage through seven canals and waterways (coming soon)Seasonal Overnight Mooring Permit -- FREE overnight mooring at seven national historic canals, two national parks and one national marine conservation area (coming soon) While admission is free to all Parks Canada locations, regular fees still apply for other act…