
Unused RRSP contributions
If you have unused contributions in your RRSP, it may be interesting to use them now. You may even consider asking for a loan to do so. Caution! Analyse your financial situation carefully before getting a loan and try to reimburse the loan in a short amount of time, a year or two, maximum. Financial institutions will offer you to reimburse the loan during 10 years…That’s a long time, and a lot of things can happen in 10 years.