Owe extra to the tax man?

Did you have to pay a little extra to the tax man on April 30th? Did it upset you a bit that they didn't take enough off during the year?

How do you prevent this?

The answer - put a little more away in your RRSP! This acts as a tax credit and therefore reduces the amount of income tax you have to pay. Set up a monthly transfer to a RRSP; it's as simple as that. Then you won't have to pay any extra next year!

Now think about what you could do with a refund on April 30th!