Savings options

Are you looking to save for a rainy day? We offer different options to help you meet your savings goals.

Are you looking to save for the future?

We offer several product options to help meet your savings goals. From segregated fund policies to guaranteed interest options — whether you’re saving for retirement, post-secondary education or a new home, we can help.

With these products and others, there are several savings account types available to you — both in registered plans such as tax-free savings accounts (TFSAs) and in non-registered plans. Registered and non-registered plans have different characteristics.

Registered Savings

Are you looking to save for retirement? We offer several registered savings account types, such as individual Registered Retirement Savings Plans (RRSPs), spousal RRSPs and locked-in RRSPs that allow you to transfer any pension money you may have into a policy where you choose your own investments. We also offer RRSP loans that can help you maximize any unused RRSP contribution room.

Non-Registered Savings

If you need to access the money you are saving and are looking to invest outside a registered plan, non-registered savings may be a good option. In addition, if you are looking for help accelerating your investments, an investment loan may help.

RRSP loans

Maximizing your registered retirement savings plan (RRSP) contributions is easier than ever with an RRSP loan from the National Bank of Canada.

Investment loans

Canada Life’s investment loan program enables you to apply, through your advisor, for competitive investment loans from National Bank of Canada.