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.

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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:


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