Tools to get started
Here are a few tools to get you started.
Registered Retirement Savings Plans will help you plan for your future retirement. Your contributions are tax-deductible and your investments earnings are tax-deferred.
A Tax-Free Savings Account is a great way to save for school, a new car, a rainy day, or retirement. Investment income earned is not taxed and you can withdraw funds at any time, for any purpose.
Mutual Funds are great to diversify your savings because they hold a variety of investments. They are professionally managed and can be used to meet a variety of your financial goals.
Registered Education Savings Plans helps you save for your child’s post-secondary education. RESP's are tax-sheltered, meaning the income you earn on investments is tax-free while in the plan.