Registered Retirement Savings Plan Deduction Limit - RRSP Deduction Limit

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Dictionary Says

Definition of 'Registered Retirement Savings Plan Deduction Limit - RRSP Deduction Limit'

The maximum amount that the Canada Revenue Agency (CRA) allows a taxpayer to deduct from his or her personal income when calculating tax liability. The sum of contributions made to a taxpayer's personal RRSP and his or her spouse's or common-law partner's RRSP must be lower than the RRSP deduction limit or withholding taxes will be imposed on the coverage. 
Investopedia Says

Investopedia explains 'Registered Retirement Savings Plan Deduction Limit - RRSP Deduction Limit'

In order to arrive at this contribution limit, the CRA calculates the taxpayer's maximum contribution earned for the year according to his or her annual income. It then deduct transfers of certain qualifying income made to the taxpayer's RRSP throughout the year. Finally, the CRA calculates for pension adjustments using past service pension adjustments and adds back pension adjustment reversals and carries forward any unused RRSP deductions that were not used in previous years.

Deduction limits are shown on your personal Notice of Assessment.
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'Registered Retirement Savings Plan Deduction Limit (RRSP Deduction Limit)'

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    http://www.investopedia.com/university/rrsp/rrsp3.asp
    ... if you've never contributed to an RRSP, a good ... yet, you can find the exact deduction
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  • Maxing Out Your RRSP (Canadian)

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    ... it is the last chance for Registered Education Savings ... loans even carry a tax deduction
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  • RRSPs: Conclusion | Investopedia

    http://www.investopedia.com/university/rrsp/rrsp10.asp
    ... reducing their taxes and allowing their savings to compound ... of an RRSP account before
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  • RRSPs: Contributing - Part 2 | Investopedia

    http://www.investopedia.com/university/rrsp/rrsp4.asp
    ... but after his RRSP contribution deduction ($5,000), his ... same $10,000 contribution
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  • Tax-Saving Tips For Canadian Taxpayers

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    ... (To read more, see Registered Retirement Savings Plans.) Taxes ... spouse or contributing
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  • What's The Difference Between Retiring In Canada And America?

    http://www.investopedia.com/articles/retirement/11/difference-retiring-canada-america.asp
    ... over into either an annuity or Registered Retirement Income Fund (RIF ... Canada also
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