This is a Canada news story, published by CTV News, that relates primarily to the Registered Retirement Savings Plan news.
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Canadian bankCTV News
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76% Informative
Canada ’s population of non-permanent residents (NPRs) grew by more than half a million people in 2023 .
The most popular retirement account in Canada is the Registered Retirement Savings Plan ( RRSP ) Canada has a progressive tax system, which means that you’ll pay more in taxes as your income increases.
Any profits realized in a TFSA account are not subject to tax, which allows your money to grow tax-free over time.
Overall, the Canadian financial system is very well structured.
Banks and employers are required to follow strict regulations set by the CRA and the Financial Consumer Agency .
VR Score
71
Informative language
68
Neutral language
21
Article tone
informal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
long-living
External references
5
Source diversity
3
Affiliate links
no affiliate links