Earn money and save taxes, RRSP has benefits. But there are also rules to pay attention to. Although a dual-income family may have a stable income, in fact, in many families around us, one person is responsible for making money to support the family, and one person is responsible for taking care of the children or the elderly. The work is divided and cooperated. In this way, time is not so tight, both at home and outside the home. Very thoughtful.
But Canada’s tax law is not very supportive of this situation. To be precise, a family where one person has a high income and the other has a low income will often pay much more than a family with the same income but both work and earn about the same amount. Since then, Canada has such a SPOUSE RRSP policy.
