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As mentioned above, you may wish to speak to an estate lawyer about these options so that you fully understand them. Here are examples of ways in which individuals can take advantage of government tax benefits. Speak to tax professional about the various government tax benefits or contact the Canada Revenue Agency for more information. Equities (both Canadian and foreign stocks) are typically considered qualified investments that can be held in an RRSP.
An RRSP is a type of account, registered with the federal government, which can be used to save for retirement.