Can I claim interest on a line of credit used for an RRSP>

john-konert · ‎October 29, 2019

I have a small line of credit used for an RRSP contribution can I deduct the interest paid.

TonyC11 · ‎October 29, 2019

Once upon a time in Canada you could claim interest payments on RRSP loans. That was when there were 10% plus interest rates...

The answer to your question is no, not for a long time.

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Can I claim interest on a line of credit used for an RRSP&gt;

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Can I claim interest on a line of credit used for an RRSP>