Canada’s taxation system is highly complex and ever-changing. However, there are strategies that can help minimize the tax investors will pay, allowing them to get the most out of their savings and investments.
Personal tax-savings strategies
- Maximize a Tax-Free Savings Account (TFSA) and invest in mutual funds, where investment income can grow tax-free.
- Use a Registered Retirement Savings Plan (RRSP) which can defer taxes to future years.
- For those with a disability, maximize tax-deferred savings in a Registered Disability Savings Plan (RDSP).
- Income split between family members, which can free up money to save or invest.
Tax-efficient investment solutions
Mackenzie Investments offers several solutions to maximize tax-efficient investing including:
- Series T funds which provide an alternative for investors looking for steady cash flow with the potential for capital appreciation.
- Mackenzie Charitable Giving Program which is a donor-advised giving program designed to provide you with a strategic and more focused approach to giving.
Find the strategy that’s right for you
Work with your advisor to come up with the right tax-savings strategies and investment solutions that are right for you.
Investor Resources
- Year-end Tax Strategies for 2020 (2.7 MB PDF)
- 2021 Tax Facts (171 KB PDF)
- 2021 Tax Planning – Quick Reference Guide (106 KB PDF)
- Education Planning Guide (1 MB PDF)
- Income Splitting (251 KB PDF)
- TFSA Investor Guide (2 MB PDF)
- You and Your Severance – Investor Guide (380 KB PDF)
- [require login access] Income in a Corporation Integration Card (88 KB PDF)
Mackenzie Institute
- Canada and Quebec Pension Plans (82 KB PDF)
- Changes to the Reporting of Roth IRAs for Canadians (152 KB PDF)
- Foreign Retirement Plans (4 MB PDF)
- 'In Trust For' accounts (125 KB PDF)
- Impact of US PFIC Rules on Canadian Mutual Funds (82 KB PDF)
- Retirement Plans & Creditor Protection (82 KB PDF)
- United States FATCA rules (83 KB PDF)