Tag Archives: 2018

Alberta energy rate plan extended to 2018

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EDMONTON — Alberta Energy may have inadvertently revealed its plans to address volatile electricity prices when it extended the regulated rate option program another five years just before the new year.

While some consumer groups feared the province might be planning to eliminate the electricity pricing program to push Albertans onto contracts with electrical retailers, Energy Minister Ken Hughes quietly extended the expiry date of the program to April 30, 2018 on New Year’s Eve. The program was to have expired June 30, 2014.

Read more: http://tinyurl.com/bg487kh

 

Unused RRSP contribution amount could hit $1 trillion by 2018

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CALGARY — The total unused RRSP contribution amount in Canada stood at about $500 billion as of 2011 and is estimated to exceed $1 trillion by 2018, says the BMO Financial Group.

In a report released today, the bank’s third annual national Registered Retirement Savings Plan study indicated that an increasing number of Canadians have an RRSP. In Alberta, 69 per cent of people have a plan, just higher than the national average of 67 per cent.

Read more:  http://tinyurl.com/colgazo