The Estate Tax Trap Most Canadians Miss episode artwork

EPISODE · May 22, 2026 · 10 MIN

The Estate Tax Trap Most Canadians Miss

from AskTMFG The Podcast · host asktmfg

In this episode of the AskTMFG Podcast, Senior Financial Advisor Carlo Cansino breaks down the estate tax trap many Canadian retirees unknowingly build over time. He explains how RRSPs, RRIFs, cottages, and investment accounts can eventually create a large future tax bill if there’s no long-term withdrawal and estate strategy behind them. He explores how retirement income, RRIF withdrawals, and unrealized capital gains can stack together later in life or on a final tax return, often leaving families surprised by how much may go to the CRA.  👉 Watch the full episode here: https://youtu.be/yooziogkRRA  Question for our listeners: Do you think most Canadians underestimate how much tax their estate could eventually owe? 👉 If you’d like help building a retirement strategy tailored to your goals, we’re offering a complimentary portfolio analysis: https://tmfg.ca/portfolio-analysis/ Follow us on our social channels: LinkedIn: The McClelland Financial Group Facebook: https://www.facebook.com/tmfg.ca Instagram: https://www.instagram.com/themcclellandfinancialgroup_/

In this episode of the AskTMFG Podcast, Senior Financial Advisor Carlo Cansino breaks down the estate tax trap many Canadian retirees unknowingly build over time. He explains how RRSPs, RRIFs, cottages, and investment accounts can eventually create a large future tax bill if there’s no long-term withdrawal and estate strategy behind them. He explores how retirement income, RRIF withdrawals, and unrealized capital gains can stack together later in life or on a final tax return, often leaving families surprised by how much may go to the CRA.  👉 Watch the full episode here: https://youtu.be/yooziogkRRA  Question for our listeners:Do you think most Canadians underestimate how much tax their estate could eventually owe? 👉 If you’d like help building a retirement strategy tailored to your goals, we’re offering a complimentary portfolio analysis:https://tmfg.ca/portfolio-analysis/ Follow us on our social channels:LinkedIn: The McClelland Financial GroupFacebook: https://www.facebook.com/tmfg.caInstagram: https://www.instagram.com/themcclellandfinancialgroup_/

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The Estate Tax Trap Most Canadians Miss

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This episode was published on May 22, 2026.

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In this episode of the AskTMFG Podcast, Senior Financial Advisor Carlo Cansino breaks down the estate tax trap many Canadian retirees unknowingly build over time. He explains how RRSPs, RRIFs, cottages, and investment accounts can eventually create...

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