Useful Links

Financial Tools, Government Resources, Industry Resources for Consumers

Financial Tools

Ernst & Young Personal Tax Calculators

Calculate your combined federal and provincial tax bill in each province and territory, the tax savings your RRSP contribution generates, Canadian corporate tax rates for active business income, Canadian provincial corporate tax rates for active business income and more!

Intuit Tax Calculator

Quickly estimate your refund based on your province by entering your income, paid taxes and RRSP contribution.

Mortgage Calculator

Find out what happens if you change your down payment, interest rate or amortization.

Amortizing Loan Calculator

Enter your desired payment and its frequency- and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your loan payment.

Compare Savings Rates

Even a small difference in the interest you are paid on your savings can add up over time. Use this calculator to see how different savings rates can impact your savings strategy.

Education Savings Plan

Use this calculator to help develop or fine-tune your education savings plan.

Mortgage Loan Calculator

Use this calculator to determine your monthly payment and amortization schedule.

Mortgage Refinance Interest Savings

Use this calculator to see how much interest you can save by refinancing your mortgage.

Retirement Planner

Quickly determine if your retirement plan is on track – and learn how to keep it there.

RRSP Loan Calculator

A RRSP loan can be an excellent way to jump start your retirement savings. Use this calculator to see how an RRSP loan could help your retirement savings plan.

Home Budget Calculator

Analyze your budget, see where your money goes and find out where you can improve!

Net Worth Calculator

This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years.

RRIF Payment Calculator

This calculator is designed to help you calculate different payment options from your Registered Retirement Income Fund (RRIF).

Savings Calculator

Find out how consistent investments over a number of years can be an effective strategy to accumulate wealth.

TFSA, RRSP and Savings Account Calculator

This calculator is designed to help compare a Tax Free Savings Account (TFSA) to a Registered Retirement Account (RRSP) and an ordinary taxable savings account.

Government Resources

Registered Education Savings Plan – RESP

A registered education savings plan (RESP) is a contract between an individual and a person or organization.Under the contract, the subscriber names one or more beneficiaries and agrees to make contributions for them, and the promoter agrees to pay educational assistance payments (EAPs) to the beneficiaries. For more information, see How an RESP works.

Registered Retirement Savings Plan – RRSP

An RRSP is a retirement savings plan that you establish, that we register, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.

Tax-Free Savings Account – TFSA

The Tax-Free Savings Account (TFSA) allows Canadians, age 18 and over, to set money aside tax-free throughout their lifetime. Each calendar year, you can contribute upto the TFSA dollar limit for the year, plus any unused TFSA contribution room from the previous year, and the amount you withdrew the year before.

Save With The Tax-Free Savings Account

The Tax-Free Savings Account (TFSA) is a flexible, registered, general-purpose savings vehicle that allows Canadians to earn tax-free investment income to more easily meet lifetime savings needs.

Home Buyers’ Plan – HBP

The Home Buyers’ Plan (HBP) is a program that allows you to withdraw funds from your registered retirement savings plan (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability. You can withdraw up to $25,000 in a calendar year.

Industry Resources for Consumers

Investors Educations Fund – IEF

Investor Education Fund (IEF) develops and promotes unbiased, independent financial information, programs and tools to help consumers make better financial and investing decisions.

Virtual Shoebox – Canadian Life & Health Insurance Association

This interactive tool is to help you to keep track of your important personal and family documents – everything from insurance policies, bank accounts, investments and mortgages to health records and will and estate information.

Financial Articles From Advocis

Advocis is the oldest and largest voluntary professional membership association of financial advisors and planners in Canada. This link takes you to useful articles on their website.

Financial Planning Standards Council – FPSC

Valuable information about financial planning and the benefits of working with a CERTIFIED FINANCIAL PLANNER®.

Conference For Advanced Life Underwriting – CALU

Clicking on the above links will take you to unaffiliated and independent third party websites where you can use calculators provided by such third parties (and not HollisWealth®). HollisWealth neither endorses or approves, nor is liable in any way for such third party web sites and calculators.