Translation: Put the tax collector on minimum wage!

Nobody likes paying taxes, and certainly nobody likes paying more taxes than they should. Tax planning involves more than just making a last minute RRSP contribution at tax time! Thereare other ways to tax shelter your investments throughout the course of the year including restructuring your portfolio to favour more tax advantaged investments, tax sheltered investment products, and strategies to achieve the most tax efficient retirement income possible. At the end of the day, the goal is to avoid paying unnecessary taxes so that you have more money available to enjoy life’s little perks.