An Ontario family was hit with a $660,000 tax bill when both parents died in the same year. Their RRSP savings were taxed as income at death and capital gains on their cottage pushed the bill even higher. This video explains how Canada’s RRSP “death tax” works, the impact of capital gains on family properties, and practical steps—like RRSP drawdowns, TFSAs, life insurance, and estate planning—to help protect your loved ones.
RRSP Death Tax EXPOSED | $660,000 CRA Bill Leaves Canadians With Nothing
