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February 29 is the deadline for making a contribution to a Registered Retirement Savings Plan (RRSP) that can be deducted on your 2007 Canadian income tax return. You can use an RRSP to save for retirement, education, or the purchase of a home. Your RRSP Deduction Limit is shown on your Notice of Assessment for 2006, and can also be obtained by logging into CRA's My Account service, or by contacting your income tax preparer.
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