Calculate your combined federal and provincial tax bill in each province and territory, the tax savings your RRSP contribution generates, Canadian corporate tax rates for active business income, Canadian provincial corporate tax rates for active business income and more!
Quickly estimate your refund based on your province by entering your income, paid taxes and RRSP contribution.
Find out what happens if you change your down payment, interest rate or amortization.
Enter your desired payment and its frequency- and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your loan payment.
Even a small difference in the interest you are paid on your savings can add up over time. Use this calculator to see how different savings rates can impact your savings strategy.
Use this calculator to help develop or fine-tune your education savings plan.
Use this calculator to determine your monthly payment and amortization schedule.
Use this calculator to see how much interest you can save by refinancing your mortgage.
Quickly determine if your retirement plan is on track - and learn how to keep it there.
A RRSP loan can be an excellent way to jump start your retirement savings. Use this calculator to see how an RRSP loan could help your retirement savings plan.
Analyze your budget, see where your money goes and find out where you can improve!
This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years.
This calculator is designed to help you calculate different payment options from your Registered Retirement Income Fund (RRIF).
Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.
This calculator is designed to help compare a Tax Free Savings Account (TFSA) to a Registered Retirement Account (RRSP) and an ordinary taxable savings account.
A registered education savings plan (RESP) is a contract between an individual and a person or organization.Under the contract, the subscriber names one or more beneficiaries and agrees to make contributions for them, and the promoter agrees to pay educational assistance payments (EAPs) to the beneficiaries. For more information, see How an RESP works.
An RRSP is a retirement savings plan that you establish, that we register, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.
The Tax-Free Savings Account (TFSA) allows Canadians, age 18 and over, to set money aside tax-free throughout their lifetime. Each calendar year, you can contribute upto the TFSA dollar limit for the year, plus any unused TFSA contribution room from the previous year, and the amount you withdrew the year before.
The Tax-Free Savings Account (TFSA) is a flexible, registered, general-purpose savings vehicle that allows Canadians to earn tax-free investment income to more easily meet lifetime savings needs.
The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. You can withdraw up to $25,000 in a calendar year.
Industry Resources for Consumers
Investment dealer insolvency doesn’t happen very often, but if it does, the Canadian Investor Protection Fund (CIPF) is here to ensure your cash and securities are returned to you, within defined limits.
Investor Education Fund (IEF) develops and promotes unbiased, independent financial information, programs and tools to help consumers make better financial and investing decisions.
This interactive tool is to help you to keep track of your important personal and family documents – everything from insurance policies, bank accounts, investments and mortgages to health records and will and estate information.
Advocis is the oldest and largest voluntary professional membership association of financial advisors and planners in Canada. This link takes you to useful articles on their website.
Valuable information about financial planning and the benefits of working with a CERTIFIED FINANCIAL PLANNER®.
Clicking on the above links will take you to unaffiliated and independent third party websites where you can use calculators provided by such third parties (and not HollisWealth®). HollisWealth neither endorses or approves, nor is liable in any way for such third party web sites and calculators.