Do you know how RRSP works and its main benefits ?
What is an RRSP? Registered Retirement Savings Plans (RRSP) was first created in 1957 as a retirement incentive plan for employees and self-employed people in order to help save income tax as well as will build money for retirement. RRSP contributions will lower your taxable income. Higher-income earners will benefit from a higher income tax deduction.