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.
Corrected a table using an outdated CPP amount and a mistaken claim that early or late CPP adjustments transfer proportionately to survivor pensions. Service Canada calculates the deceased contributor’s pension as if they were 65. Also clarified working contributions, cancellation, calculation assumptions and the distinction between examples and personal entitlements.
· 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.
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.
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.
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.