Guaranteed Investment Certificates (GIC)

Guaranteed Investment Certificates or GICs are secure investments that guarantee to protect your money up to a certain limit.

 

Registered Retirement Savings Plan (RRSPs)

A Registered Retirement Savings Plan (RRSP) is a personal savings plan registered with the federal government. The benefits of an RRSP are that your contributions are tax deductible and any interest earned is non-taxable inside the plan.