In most cases, Borrow to Invest will be better than RRSP. This is because of many factors like Tax Slab, Int deduction allowed by CRA on borrowing, Capital Gains treatment on your growth in open funds etc. Make CRA / Government your partner in your wealth building.
John
johnfca@hotmail.com
Quote:That depend on what you are investing in.
Originally posted by johnfca
In most cases, Borrow to Invest will be better than RRSP. This is because of many factors like Tax Slab, Int deduction allowed by CRA on borrowing, Capital Gains treatment on your growth in open funds etc. Make CRA / Government your partner in your wealth building.
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