Lesson #11: Investment and Tax Deferral Products
Objectives:
During this class students will examine the benefit associated with utilizing a variety of investment products. Students will come
to understand how Canada's progressive taxation structure will tax an individual's income at higher percentages as their income
increases. Students will learn how the Canadian government encourages independent savings for education and retirement
by allowing citizens to reduce their taxable incomes by the amount which they invest within a registered plan.
Thus, Canadians stand to benefit doubly from investing in stocks, bonds, mutual funds (value based & growth based)
and GICs as long as they do so within some form of government registered plan.
Students will examine a variety of government plans which can be used to provide capital growth and defer the payment
of taxes. Plans examined will include:
Instructional Methods and Evaluation:
After a brief lecture on Canada's progressive taxation system, investment products, and registered savings plans, students will take a cyber tour of a variety of funds which can be used in order to generate wealth and defer taxes. Sites which students are to explore include, but are not limited to:
Regitered Retirement Savings Plans:
Mutual Funds:
Students will then create a personal investment plan in which they specify:
Resources:
Handouts:
Relevant web sites: