When will I receive a tax receipt?

If you purchase a new RRSP, you will receive an official receipt for income tax purposes by the end of February of the following year.

Note: You may contribute to your RRSP at any time during the year. Contributions made during the first 60 days of any year may be deducted for the current or immediately preceding tax year. The Canadian Revenue Agency (CRA) has confirmed that if the last day of the 60-day period falls on a Saturday or Sunday, the deadline will be extended to the following Monday. Official receipts for RRSPs purchased during the 60-day period are generated immediately following the contribution and mailed to you.

If your interest earnings are over $50.00, you will receive a T5 by the end of February.