Pushing the Limits on RRSPs
Good Reason To Raise RRSP Contribution Limit
With retirement planning for the baby boom
generation now a key public policy issue, some
observers say raising the RRSP limit above the
current 18% is a policy idea whose time has come.
Not so fast, warns
Globe and Mail Personal Finance columnist Rob
He points to the
already-low capital gains tax rate, and the fact
that most people don't use anywhere near all the
RRSP room allotted to them.
Will raising the
limit give investors better incentive to save,
helping secure financial futures? Or would such a
change benefit only a privileged few?
- ALSO: RRSPs Losing
Carolyn Leitch reports: "Canadians plan to
cut back contributions to their retirement
savings plans this year and take fewer risks with
the money, a survey sponsored by Toronto-Dominion
The amount in dollars
respondents said they planned to invest in RRSPs
in 2003 is down 20% on average, compared to plans
at the time of last year's poll.
- The Buck Stops Here
He's got implementing the GST and beating the
deficit on his resume.
Now, the buck -- the
beleaguered Canadian dollar, that is -- stops
with David Dodge.
Bank of Canada governor is rarely accused of
sending mixed signals. In this ROB Magazine
article, Dodge grants an in-depth one-on-one
interview for the first time ever.
- John Crow's 1.5 Per Cent
The staunch anti-inflation policies of former B
of C governor John Crow shape Canada's economy to
this day. Globe and Mail Economics Reporter Bruce
Little reviews Crow's new book, Making Money: An
Insider's Perspective on Finance, Politics, and
Canada's Central Bank. It's required reading for
those who want to create or understand economic
NEWS: Analysts See Merger Trend Picking Up Speed
On Bay Street
- Stars and Dogs of 2002
An amusing take on the winners and losers among
stocks and mutual funds -- from Nortel's 22-year
low to Sprott's defiance of the law of gravity.