4 ms·

In addition to RRSP, you can reduce tax by contributing to TFSA. Just focus on Ontario and BC, these will be sufficient for most tech immigrants.

• senecaso 6y ago
  Good call. I'll take a look at that later today.
• wasalp 6y ago
  That's not accurate. TFSA contributions are only made with post tax income, the real benefit comes when you take the money out since any gains made with the invested money will be tax free when withdrawn.
  • senecaso 6y ago
    Good to know. I'll add TFSA in the taxable expenses column.
  • richajak 6y ago
    Thanks, it slipped my mind :-)