Source: www.cra-arc.gc.ca and www.canada.ca If you have any questions about these government benefits and limits, please contact June Smyth at 416-863-9159 ext 233. […]
2024 Government Benefits & Limits – A Quick Reference
Category: CAPS
Revised Guidelines for Capital Accumulation Plans
On May 13, 2022, the Canadian Association of Pension Supervisory Authorities (“CAPSA”) released a consultation for a revised guideline (No. 3) for Capital Accumulation Plans (“CAP”). The revised guideline seeks to implement six recommendations shared by the Office of the Superintendent of Financial Institutions (“OSFI”) and the Financial Services Regulatory Authority of Ontario (“FSRA”) late […]