What is it?
Borrowing to invest responsibly can help you meet your financial planning goals. Canada Life’s investment loan program* enables you to apply, through your advisor, for competitive investment loans from National Bank of Canada. The money is used to set up Canada Life non-registered segregated fund policies.**
Who is it for?
Are you financially secure with a strong and stable income and comfortable with market ups and downs? Do you already maximize RRSP contributions and other tax-efficient strategies? Do you plan to invest with a long investment horizon?
There are advantages and disadvantages to borrowing to invest. Anyone considering this strategy should consult their advisor and their tax professional.
* Subject to change without notice
** Investment loans are not available with Flex, tax-free savings account policies or policies with the lifetime income benefit option.