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New Tax-Free Savings Account Unlikely to Reduce RRSP Contributions This year

Only 8% of Those Who Plan to Open a Tax-Free Savings Account Plan to Reduce their RRSP Contributions as a Result

Wednesday, December 17, 2008

Ottawa, ON – The 19th annual Ipsos Reid/RBC RRSP poll has revealed that the new tax-free savings accounts introduced by Finance Minister Jim Flaherty will not have a great impact on the amount of money Canadians will contribute to their RRSPs this year, as only 8% of those who are aware of the new TFSA and plan to invest in a...

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New Tax-Free Savings Account Unlikely to Reduce RRSP Contributions This year
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SeanSimpson Sean Simpson
Associate Vice President
Ipsos Reid
Work+1.416.572.4474