Canadian accounts are taxed differently. Matching the goal to the right account — and watching the fees — can be worth more than any single investment choice.
A deduction now, taxed on withdrawal. Built for retirement and income splitting.
Tax-free growth and withdrawals — the most flexible account you have.
A deduction going in and tax-free out, for a first home.
Education savings, boosted by government grants most families under-claim.
The government adds 20% on the first $2,500 you contribute each year — up to $7,200 per child. Miss the deadlines and that money is gone for good.
Segregated funds are investment contracts with insurance features. They cost more than a basic fund — so they make sense when their protections genuinely fit your situation.
A floor on your deposits at maturity or on death.
Valuable for business owners and the self-employed, with the right setup.
Paid directly to a named beneficiary — faster, private, no probate tax on that money.
A note on cost: guarantees and protections carry higher fees than a low-cost fund. For a long horizon with no creditor or estate concern, a simpler option may serve you better — and I’ll say so when that’s the case.
Drawing accounts down in the right order, at the right time, can save more tax than any product — especially in the low-income years before mandatory RRIF withdrawals.
Keeping taxable income under the clawback threshold matters. We plan withdrawals with that line in mind.
We’ll look at what you hold, when you’ll need it, and how to keep more of it.