Refinancing can be an option any time you need to pay for a big expense, but would rather not touch money tied up in other investments such as a Registered Education Saving Plan (RESP)Opens in a new window or Registered Retirement Savings Plan (RRSP)Opens in a new window.
The information provided is based on current laws, regulations and other rules applicable to Canadian residents. It is accurate to the best of our knowledge as of the date of publication. Rules and their interpretation may change, affecting the accuracy of the information. The information provided is general in nature, and should not be relied upon as a substitute for advice in any specific situation. For specific situations, advice should be obtained from the appropriate legal, accounting, tax or other professional advisors.