Preferred shares and securities can be considered for inclusion in almost any Canadian portfolio subject to tax; and, to a lesser extent, for any non-taxable portfolio such as a RRSP or pension fund. This class of investment has many desirable characteristics – offset to some extent, of ...
Failing to make this decision by the end of December could result in your entire RRSP portfolio being considered taxable income for the year. Also, if you'd like to make one last top-up contribution to your RRSP, it has to be done by the end of the year. Can you benefit from tax-...