Important Deadlines for 2025
MARCH 3 - RRSP contribution deadline
The final date for your RRSP contributions to be eligible for the 2024 tax year is March 3, 2025. Refer to your Notice of Assessment (NOA) or access My Account information on the Canada Revenue Agency (CRA) website for your total RRSP contribution limit for the 2024 tax year.
APRIL 30 - Tax filing deadline for individuals
The deadline to file your 2024 personal income tax return is April 30, 2025, unless you're self‑employed. However, the CRA encourages individuals who expect to receive benefits under the GST Credit or the Canada Child Benefit not to delay the filing of their tax return to ensure their entitlements for the 2025-26 benefit year are properly determined.
JUNE 16 - Tax filing deadline for self-employed individuals
The deadline to file your 2024 taxes is June 16, 2025 if you're self‑employed. Any tax balance owing, however, is still due April 30, 2025.
For links to important CRA websites, please visit our RESOURCE LIBRARY here. You must sign in to access the library. Use code: chimuklandry
Tax Receipts
An approximate timeline of when you can expect tax documents from IG Wealth Management
We encourage you to register for IG Online Access to download up to 7 years of your tax receipts from IG. To register, go to Online Access | Sign in
JANUARY 27 - RRSP contribution receipt
A statement of all RRSP contributions you made between March and December 2024.
FEBRUARY 28 - Tax slips for individual and corporate accounts (T3, T5, T4A, T5008)
These slips will be issued if you have earned any interest, dividends or capital gains in a Personal, Joint or Business account, depending on the investments you hold in those accounts.
T3 & T5 slips issued on February 28 will be mainly related to mutual funds.
Note: For any of your holdings in external mutual funds, any T3 or T5 slips will be issued directly to you by the external mutual fund company depending on the timeline determined by the issuer.
FEBRUARY 28 - RRSP, Spousal RRSP, RIF, Spousal RIF, LIF (T4RSP/T4RIF slips)
These slips confirm the amounts that have been withdrawn from these accounts and have been reported to the CRA.
MARCH 28 - RRSP contribution receipt, first 60 days of 2025
This receipt confirms all RRSP contributions made during the first 60 days of 2025 (if applicable). These contributions may be deducted on your 2024 tax return to the extent you have available RRSP contribution room for 2024.
Tax slips for equity securities (T3, T5013)
These slips will be issued if you have earned any interest, dividends, capital gains or partnership income from securities held in a Personal, Joint or Business account.
Important reminders
2024 TFSA limit: $7,000
2025 TFSA limit: $7,000
2024 RRSP limit: 18% of earned income, to a maximum of $31,560
2025 RRSP limit: 18% of earned income, to a maximum of $32,490
Reference: Important dates to help you get ready for tax season | IG Wealth Management