Should I invest in RRSPs or pay off my mortgage?
Why not do both? Invest in an RRSP and use your tax rebate to pay down your mortgage. However, please be aware that this option may not be right for everyone. There are a number of factors for you to consider such as your current mortgage rate and whether or not you are carrying any high interest bearing debts. For more information please contact your Credential Financial Strategies Inc., C Finance, or Caisse investment advisor.