There are a number of ways you can save tax, and it really depends on your individual circumstances. Here are some general tips:
Review your taxes regularly. This way you can ensure that you are taking advantage of all the deductions and credits you are entitled to.
Stay organized. Good record keeping will help to ensure that you do not overlook any expenses that could be deductible.
Invest in a Registered Retirement Savings Plan (RRSP). Contributions to an RRSP are tax deductible, and the funds grow tax free until withdrawal.
Make use of government programs and benefits. For example, the Canada Pension Plan and Employment Insurance both offer incomereplacement during periods of unemployment or disability. These program payments