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Registered Plans

What is an RRSP?
A Registered Retirement Savings Plan is a government-approved plan through which you save money for your retirement years. Your contributions, within limits, are tax deductible, and the income earned is tax sheltered. The savings plans are subject to the rules and regulations as approved by the Government of Canada Tax Act.

What does an RRSP mean to you?
Since 100% of the earnings can be reinvested and compounded, the growth of your RRSP increases rapidly over the years, as the following graph shows.

R.R.S.P.

  • No commissions.
  • Monthly, weekly, biweekly deposit options
  • Terms and rates recorded on your monthly statement.
  • Renewal notice mailed prior to maturity.
  • Variable or fixed interest rates
  • Term options: from 7 months to 60 months