Benefits of RRSPs

Reduce your taxable income through tax-deductible contributions 

Defer paying taxes on investment growth within your RRSP until you withdraw the funds

Borrow from your RRSP to help buy your first home or pay for your education

Why choose an RRSP with CIBC Investor’s Edge

  • Pay a flat fee of only $6.95 per online equity trade
  • Use our powerful tools and resources
  • Select from a wide range of investment options, including stocks, options, ETFs, mutual funds, GICs and bonds
  • Pay no administrative fees on RRSP accounts with a minimum market balance of $25,000

Resources

In defence of RRSPs

Debunking some of the myths that may be keeping Canadians from saving in an RRSP.

In defence of RRSPs: Dispelling common myths (PDF, 50 KB) Opens in a new window.

The RRSP, the TFSA and the mortgage

Making the best choice for saving via an RRSP, TFSA or debt repayment.

The RRSP, the TFSA and the mortgage (PDF, 215 KB) Opens in a new window.

Explore more with Knowledge Bank

Ready to open an RRSP?

Apply now  for a CIBC Investor’s Edge RRSP. Opens in a new window. Contact us