A Registered Retirement Savings Plan (RRSP) lets you invest money and deduct contributions from your taxable income. You only pay tax when you withdraw in retirement — typically at a lower rate.
Wealthsimple offers RRSP accounts with $0 commissions, access to thousands of stocks and ETFs, fractional shares, and automatic rebalancing. The $25 referral bonus is applied to whichever account you open first.