Submission to the federal department of finance on qualified investments
Pensions and RetirementRegistered Products (RRSP, LIRA, RRIF)Retirement Income System Reviews
The 2024 federal budget invited comments on how the qualified investment rules in the Income Tax Act can be modernized to improve the coherence of the registered plans regime [ i.e., Registered Retirement Savings Plans, Registered Retirement Income Funds, Tax-Free Savings Accounts (TFSAs), etc.]. CLHIA's response is supportive of modernizing the rules and improving the product options for Canadians saving for retirement and those in retirement.