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Registered Retirement Savings Plan (RRSP)

Registered Retirement Savings Plan (RRSP)

Overview

Tomorrow's dreams start today.

Grow your retirement assets while lowering your taxable income today. Your RRSP investments can grow tax-free for as long as they remain in the plan. You can transfer a lump sum from your savings, make a pre-authorized monthly contribution, or borrow to take full advantage of this tax deferral option. What's more, you get to carry forward unused contribution room.

Key Features
  • Minimum deposit of $500
  • 1- to 5-year terms available
  • Variable or fixed-rate interest with unlimited diversification options
  • Interest rates regularly reviewed and adjusted to deliver the most competitive rates and to keep pace with current interest trends
  • Secure rate of return guaranteed for a fixed period
  • Interest added to contract annually
  • No fees for deposits or administration
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)

​Need help contributing?

We also offer RRSP Loans.