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Learn more about bear markets and how to handle them when it comes to your investments. Having an IPS can help investors decide what to do in turbulent periods where you may consider buying or selling, and avoid making emotional decisions.
Generally, the deceaseds estate is responsible to pay the deceaseds taxes. For more information, see the Canada Revenue Agencys publication, Death of a RRIF annuitant. The rules for opening a TFSA can be found on Canada Revenue Agencys website.