Contact one of our branches.

HEAD OFFICE 

208-73 N. Cumberland Street

Thunder Bay, Ontario

P7A 4L8

Phone:  (807)286-5341

Fax:  (807)286-5342

Email:  geoff@blueharbourfinancial.com

Open Monday to Friday

By appointment only Saturday and Sunday

ALBERTA

206 Pembina Road

Sherwood Park, Alberta,

T8H 0L8

Phone:  (587)785-9559

Fax:  (807)286-5342

Email:  ryley.hughes@cartewm.com

BRITISH COLUMBIA ​

3172 Golden Link Crescent

Vancouver, British Columbia

V5S 4M3

Phone:  (604)437-3600

Fax:  (778)371-9078

Cell:  (604)782-4334

Email:  wayne.canary@cartewm.com

ONTARIO

Fortax Corp.

2 St. Clair Ave. West, 18th Floor

Toronto, Ontario

M4V 1L5

Phone:  (416)220-6428

Email:  michael.fortin@cartewm.com

A Registered Retirement Savings Plan (RRSP)

An RRSP is a plan that enables you to save money on a tax-deferred basis until you retire – a tax efficient way to build your retirement savings. 

What you need to know

  • The RRSP contribution deadline for 2018 is March 1, 2018

  • Contributions made during the first 60 days of 2018 can be applied against either the 2017 or 2018 taxation year.  The lesser of $26,010 (for 2017) or 18% of earned income from your previous tax year, minus any pension adjustments, plus unused contribution room from previous years 

  • If you are unable to maximize your RRSP contribution in a given year, your unused contribution room continues to grow 

  • You can contribute to an RRSP if you have filed an income tax return the previous year and declared an income, you have Canadian employment or business income or unused contribution room.

  • There is no minimum age for contributing to an RRSP.

Life Long Learning Plan (LLP)

  • Use your RRSP to finance full-time training or education for you and/or your spouse or common-law partner

  • Withdraw up to $10,000 in a calendar year up to a $20,000 maximum per person

  • Eligible withdrawals are not added to your income and your RRSP issuer will not withhold tax on the amounts withdrawn

  • You must repay these withdrawals within 10 years 

Home Buyers Plan (HBP)

  • Withdrawal from your RRSP to buy a qualifying first home or a home for a related person with a disability

  • Withdraw up to $25,000 in a calendar year

  • Eligible withdrawals are not added to your income and your

  • RRSP issuer will not withhold tax on the amounts withdrawn

  • These withdrawals must be paid back within 15 years 

Contact a Retirement Specialist