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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 24, 2017

Page

8

IPP retirement plans gain traction for Canadian owners

Canadian business owners and professionals explore Individual Pension Plans as an alternative to RRSPs to boost retirement savings within corporations. IPPs offer higher contributions, tax deductions for the business, and pension income splitting, but are complex and require CRA compliance and professional guidance. A. Craig Elder of RBC Wealth Management notes changes to corporate tax rules may drive adoption and urges consulting an advisor.

Canada Canada Revenue Agency CRA

BlackBerry shares fall after revenue miss and outlook

BlackBerry reports first quarter revenue of 235 million dollars, below 264.9 million expected, sending shares down about 11 percent. CEO John Chen defends growth plan while noting one time 27 million services revenue in prior quarter skewed figures. Inflation slows to 1.3 percent in May as Bank of Canada rate hike chances wobble and core measures ease.

BlackBerry Waterloo Ont John Chen Thomson Reuters Toronto Stock Exchange Chen Qualcomm Ottawa Bank of Canada Statistics Canada Stephen Poloz Josh Nye BBC Economics Research BMO Doug Porter Canada Porter Britain U.S China

Also Mentioned on This Page

A. Craig Elder CFB FCSI CLU CHS TEP RBC Wealth Management Dominion Securities Inc Medicine Hat RBC Dominion Securities RBC Financial Group CIPE Craig Elder Financial Focus S&p Nasdaq the Canadian Press Statistics Statistique In PAVAS LO Aston Norwoodgrande Ias 13Th Ave Co-Op Mall C.r.plastic Products Adirondack Maple Avenue Furniture Maple Avenue Mapleavefurniture
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