If he contributes $7,000 to a spousal RRSP, his maximum contribution to his own RRSP will be limited to $3,000 for that year. Nevertheless, he will claim a total deduction of $10,000 in his tax return. Contribute to a spousal RRSP if you expect your retirement income to be higher than that of your spouse.
PIMS (production information management system) Also known as a âprocess information management system,â a PIMS is a client/server application for the acquisition, display, archiving and reporting of information from a wide variety of control, plant and business systems.
Phytosanitary Issues Management. The Phytosanitary Issues Management (PIM) unit facilitates and negotiates, through the use of scientifically based processes, the safe export and import of agricultural commodities.