Life Money

Corrections

When a guide is wrong we fix it and record it here. How we check our work is in the editorial policy. Spotted an error? Email hello@lifemoney.ca.

  1. · Investment account types in Canada

    The TFSA and RRSP worked examples both started from $50,000 but compared after-tax money with pre-tax money, which made the RRSP look strictly worse. The examples now use the same pre-tax income and explain that at equal tax rates in and out the two accounts leave you with the same after-tax amount; the RRSP comes out ahead only when your withdrawal rate is lower than your contribution rate. Thanks to the reader who wrote in.

  2. · About Life Money

    Articles previously carried individual bylines with professional designations. All guides now carry a single Life Money Editorial Team byline with no individual credentials, and the About page describes the editorial process instead of listing named writers.

  3. · EI guides (225 articles)

    Guides stated that the one-week EI waiting period applies in 2026. The waiting period is waived through October 10, 2026. Corrected across every affected article.

  4. · Home page

    Removed trust counters ("since 2010", "10,000 families", assets figures) that could not be substantiated. The page now shows only claims we can stand behind.