Business managers must set clear financial objectives to emphasize the financial targets of the company. Objectives should be ambitious but also measurable and realistic. An example of a financial objective could be growth in company revenues and earnings.
The RRSP deduction and contribution limit is 18 percent of your earned income to a maximum value each year. The maximum RRSP contribution limit for 2013 is $23,820.
Deadline to contribute to an RRSP for the 2015 tax year: February 29, 2016. Total RRSP contributions for 2013 (Statistics Canada): $37.4 billion. Number of filers who contributed to RRSP: 5.9 million. Median contribution: $3,000. How much do Canadians have saved in RRSPs (according to Investor Economics): $1.03 trillion. Tax planning: