Investing

You work hard for your money, and you want to make sure it works equally hard for you — by investing it wisely. We have the expertise to help you make the right choices.

Investors in Canada

As a Canadian resident, you can invest in Canadian and foreign stock markets, as well as in bonds, mutual funds, bank savings accounts and more.

In most cases, your investment earnings will be taxable. However, there are two situations in which your money can grow tax-free until withdrawn:

• Registered Retirement Savings Plan (RRSP) — An RRSP lets you set aside money during your working years, which you can draw on after you’re retired. Contributions to an RRSP entitle you to a tax deduction. In addition, the money in the plan grows tax-free until you withdraw it. Assuming that you have a lower income during retirement, the withdrawn funds are taxed at a lower rate.
• Registered Education Savings Plan (RESP) — While contributions to an RESP don’t entitle you to a tax deduction, they do grow tax-free until withdrawn. When the withdrawals are used to pay for your child’s post-secondary education, they are taxable to your child. Since students usually have little other income, they typically pay little or no tax on the withdrawals. In addition, your RESP contributions may entitle you to a grant from the federal government of up to $500 a year for each child.

Save for Other Important Goals

Everyone wants to save for something — a special purchase, life event or for the future generations of your family. We can help you choose the wisest investments for you based on your personal investment goals and help you take advantage of any tax savings that may be available.

How We Can Help

• We will take the time to get to know you better and understand your financial goals and your tolerance for risk in order to give you the most suitable advice.
• We can help you understand the regulations concerning RRSPs and RESPs and help you set up the plan of your choice.
• We offer a range of investments for every type of investor, including Guaranteed Investment Certificates (GICs), mutual funds, bonds, stocks and many other options.
• Contact an RBC Investment Advisor to set up an appointment.

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The content of this website is provided for the general guidance and benefit of our clients. This website is for informational purposes only and is not intended to provide specific advice. See full disclaimer.