Limitation Period for the Reassessment of RRSP Trusts

Date de parution : 10/21/2014
Personne(s)-ressource(s) : Ronald Sanderson

Our associations represent companies that administer essentially all of the investment and savings activity for individual Canadians. We are writing to you to highlight a recent change in practice within the Canada Revenue Agency (CRA) that we believe will have a chilling effect on a large proportion of the Registered Retirement Savings Plan (RRSP) market in Canada. We believe that this interpretation needs to be corrected immediately to ensure that Canadians have certainty and confidence in the retirement savings and income tax systems.