1 .		The Canada Pension Plan is a mandatory retirement plan administered by the federal government. Describe details about the plan, including the calculation and payment of premiums, the calculation of benefits and the future outlook for the plan over the next few decades. [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
2 .		Taxable income is the difference between your net income and allowable deductions. What are the six most common categories of deductible expenses? [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
3 .		Distinguish between a Registered Pension Plan and a Registered Retirement Pension Plan. [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
4 .		Define the terms capital asset, capital gain and capital loss. Explain in detail how capital losses can be used to reduce taxable capital gains. [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.