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Borrowing to contribute to your RRSP or TFSA a smart idea.


If you consider yourself young, then planning for retirement may not be your biggest priority right now. However, it’s always a smart decision to start preparing for your future, sooner rather than later.  Putting away money for your RRSP or TFSA can be difficult, especially if you’re dealing with household bills, credit card payments, and maybe a little bit of procrastination. If you fear you will not be able to contribute to your RRSP or invest in your TFSA this year, then there is one other option:  you can borrow money in order to achieve your financial goals. 

  • variable and fixed rates as low as prime
  • flexible terms up to 10 years - known as our 'Take 10 Loan
  • flexible repayment options
  • optional life & disability insurance protection
  • smart way to maximize your contribution room
  • help you take advantage of unused carry-forward amounts

To find out more about our Take 10 Loan contact our Relationship Managers Tracey Kachur & Breanne Paulsen today!

Click on the PDF below for full details.