Retirement planning is often seen as a tool that may assist individuals to successfully accumulate retirement capital. However, the low level of ‘customization’ of the general information on retirement planning may prompt some individuals to oversimplify their approach to retirement savings...

Small and medium-sized enterprises (SMEs) are an important collective force in the Canadian economy, however the visibility and economic power of small businesses suffer due to their size and frequent turnover. When it comes to the issue of businesses being subject to occupational fraud, the...

Motivated by a continuous debate on pension plan shortfalls and a concern for the long-term viability of defined benefit pension plans, CGA-Canada saw a fit to update its estimate of the standing of defined benefit pension plans presented in its 2004 report titled "Addressing the Pensions...

The purpose of this paper is to advance understanding of defined benefit pension plans in Canada by focusing on important questions related to the funding, accounting and policy aspects of management of defined benefit pension plans. As well, the paper aims to impart a reasonable estimate of the...

In 2009, Canada's federal government introduced a new saving instrument for individuals – the Tax-Free Savings Account (TFSA). This paper reviews the TFSA focusing on how it may benefit individuals at different income levels. To that end, the paper presents advantages and disadvantages of the...

In Canada, the increasing need for private pension savings, a high level of awareness of the Registered Retirement Savings Plan (RRSP) program and yet relatively low and declining use of RRSPs may suggest that the core element of the RRSP program – the tax incentives – are no longer shaping...

The issue of under-funded defined benefit (DB) pension plans has become one of the most perplexing financial issues facing business executives, legislators and Canadian pensioners who are or will in the future be reliant on pension income as an important component of their overall retirement...

Income trusts are one of the major investment vehicles for Canadians with an estimated 2004 market capitalization of $118.7 billion. This study aims to outline the nature of income trusts and the standing of trusts in the current financial environment. To that end, the study offers an overview...