Articles & Insights
Financial Post: Managing Wealth  |  22 January 2011

Prepare for the dark side of RRSPs

For the affluent, an RRSP is a vital vehicle in their retirement plan. It creates a tax-deferred environment in which high income earners, particularly well-compensated professionals and successful business owners, can build wealth over their working lives. This is critical since the returns from their non-registered investments, heaped on top of their incomes, are more often than not taxed at the highest marginal rate, which approaches 50% on interest and other income in many provinces. Read more >