RRSPs are an excellent retirement vehicle, helping you defer taxes thereby magnifying the power of compounding interest.

At SparkCU, you have several ways to invest inside your RRSP. You may:

  • Purchase a term deposit - if guaranteed returns coupled with principal protection are important to you
  • Buy an equity-linked GIC - (seasonally available) if you care about principal protection but would like the potential of higher returns, or;
  • Invest in a mutual fund* - if you would like a higher potential return and are willing to take on some risk 

No matter what level of risk you're comfortable with and regardless of what your goals may be, we offer a wide array of products to meet your needs. In addition to this, our Investment Advisors are willing to guide you through the process, so that your investments always align with your financial goals.

Not sure how much you need to be putting away? Try our Retirement Calculator!

*Mutual finds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured or guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated.