Jessie is employed at a startup that provides meal kits. She grew with the company as they
began and as a result she has reaped some rewards in stock options and her income has
increased for her contributions to growing the business. She earns $92,500 gross per annum
and got dividends from the Canadian controlled private corporation (CCPC) in the amount of
$20,000 in 2019.
Jessie lives downtown and doesn’t own a car so she rents out her parking spot for $200 a
month. The monthly fee she pays her condo corporation for it is $100 a month.
Since Jessie has started to become more successful she has also been savings and investing.
She contributed $10,000 to her RRSP account in 2019 and another $5,000 in February 2020.
Jessie currently has the following accounts: