Registered plans tailored for you

A registered plan, such as an RRSP or TFSA, can hold a variety of investment products, including term deposits, GICs, mutual funds, and other eligible securities. The specific options available depend on the type of plan and your investment goals. These plans offer tax advantages to help you grow your savings efficiently.

Yes, all investments come with some level of risk, depending on the type of product and market conditions. Lower-risk options like term deposits and GICs offer stability, while investments like mutual funds and stocks can fluctuate in value. Our advisors can help you choose investments that match your comfort level and financial goals.

Your investments are protected through regulatory safeguards, deposit insurance on eligible products, and expert management. In Ontario, the Financial Services Regulatory Authority of Ontario (FSRA) provides deposit insurance for credit unions through the Deposit Insurance Reserve Fund (DIRF), guaranteeing up to $250,000 for non-registered accounts and unlimited coverage for registered accounts.

Registered plans, like RRSPs, TFSAs, RESPs, and FHSAs, offer tax advantages to help you grow your savings. RRSP contributions may be tax-deductible, and your investments grow tax-deferred until withdrawal. TFSAs allow your investments to grow tax-free, and withdrawals are not taxed. RESPs provide government grants and tax-deferred growth to help save for a child’s education, while FHSAs offer tax benefits for first-time homebuyers. For details on other plans speak to our Financial Services Officers, and they will guide you through the plans’ benefits.