Financial Journal

The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can make withdrawals without paying taxes from their self-directed Registered Retirement Savings Plan (RRSP).  If you have a self directed RRSP or if a tax professional attempts to communicate to you regarding this type of RRSP withdrawal, please click on the link below for information about the scheme.  It is a scheme and will get you into a huge financial heap of trouble!