For the most part, any expenses claimed on tax returns may help save on taxes due, but did you know it can also reduce or even kill your borrowing ability? (clearlending.com)
To figure out how much you stand to save on your tax bill with an RRSP, check out this calculator. (wealthsimple.com)
A young couple may also save on taxes by setting up a spousal RRSP for the lower income spouse. (canadianbusiness.com)