Readers weigh RRSPs fees and installment tax concerns
In a letter column format, Garth Turner discusses money management myths around 20 percent mutual fund returns and 8 to 9 percent sales fees, urges debt reduction and real estate, and notes reader questions on RRSPs versus personal investments. He also explains Revenue Canada installment tax complications and offers a suggested approach to avoid interest penalties by basing installments on prior year income.
MENTIONED IN THIS ARTICLE
Ramada Renaissance Hotel
Karen Hatton
Mutual Fund
Raging Bull
Donald Bessley Willowdale
Feds
RevCan
Revenue Canada
Trudeau seeks confident diplomacy to curb nuclear risk
A political mission by Prime Minister Trudeau aims to build confidence among world leaders to reduce nuclear holocaust risk. A U S state court ban on first day of school moments of silence underscores protest impact. India faces tea export boom possibly ending supplies. An Ontario judge dismissed a metric law challenge against two gasoline sellers and awarded $10,000 in legal fees.
MENTIONED IN THIS ARTICLE
Trudeau
World Heads
Ontario
Crow rate politics strain East West railway ties
Paul Hellyer argues the Crow rate issue pits western birthright against CP Rail losses from underpriced grain shipments. The piece says no universal solution exists, Liberals eye a quick fix, and electoral timing may force Ottawa to delay. It also notes tax rule angst and energy policy hints from Jean Chretien.
MENTIONED IN THIS ARTICLE
Saskatchewan
CP Rail
Lloyd Axworthy
Liberal Party
NDP
Tories
Also Mentioned on This Page
Jamiota
Manitoba Community Newspapers Association
Hamiotsa Echo Publications Ltd
P.O. Box 70
Hamiota
Manitoba
Romoto
Mai
U.S.A
England
BY Garth Turner
Toronto Suns
Reggie
USA
India
Paul Hellyer
Canada
Toronto Symphony
Ottawa
Jean Chretien
U.S
Chretien
James Bay
B.C
Revelstoke
John Robert Columbo
Lester B. Pearson
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