Investments generate different types of revenues, such as:
- Interest;
- Capital gains;
- Dividends.
Certain types of investment revenues are more taxable than others.
Several plans offer tax benefits that you can take advantage of. Thus, when you invest in these plans, the type of investment income earned is no longer important from a tax point of view. This is particularly the case for RRSPs, VRSPs and TFSAs. Each of these plans offer benefits. Take the time to choose the ones that suit you.
