Borrow RRSP @ 3.2% and Get Up to 40% Back in Taxes

Case Scenerio:
1. Borrow $10,000 to put into RRSP
2. Tax bracket - 40%
3. Borrowing rate - 3.2%

Cost of Borrowing:
1. $10,000 paid back over 1 year @ 3.2%
= $174 Interest Paid

2. 10,000 paid back over 2 years @ 3.2%
= $337 Interest Paid

Taxes Saved:
$10,000 x 40% = $4000 Saved

Net Profit:
1 Year - $4000 - $174 = $3826
2 Year - $4000 - $337 = $3663

Deadline for Loan Applications
Feb 25, 2016

Deadline for 2015 RRSP's
Feb 29, 2016

Your senerio?
Email me direct and I will crunch your numbers within 5 minutes.