Investment Options

Grow Prosperity with Investments

Experience a real relationship with a financial coach who’s focused on your goals and helping you achieve them. A coach who gives you the best investment advice for YOU, because when you do well, so do we.

Account Options

Before you pick which investment products you want in your accounts, you need to know what kinds of account options are available. Most of the investment products — GICs, term deposits, savings accounts, mutual funds*, and more — can go in each of these types of accounts.

RRSP

A Registered Retirement Savings Plan (RRSP) is an individual tax-sheltered investment account registered with the federal government that you use to save for retirement.

Chevron icon View

Save for retirement, while getting a tax break today

 


 

Money grows, tax-sheltered

 


 

Normally taxed as income when withdrawn, but you may be able to use funds to buy a home or go to school, with no tax payable today

 

More On RRSP

RRIF

A Registered Retirement Income Fund (RRIF) is an individual registered fund that is opened when you transfer funds from your RRSP in preparation for retirement.

Chevron icon View

Convert your RRSP to an RRIF, pay taxes only on what you take out

 


 

Minimum annual withdrawal requirements after age 71

 

More on RRIF

Corporate

Business Account

Chevron icon View

Invest at your corporate tax rate instead of your personal rate

 


 

Tax rules may require the advice of an accountant

Personal Savings

A personal savings account can be user for short- or long-term goals. Save for any reason with low risk and high rewards.

Chevron icon View

Non-registered, potentially taxable, accounts

 


 

Can be opened in one name or joint with another person

 

More on Personal Savings Account

RESP

A Registered Education Savings Plan (RESP) is an easy way to save money for post-secondary education. RESPs help you by collecting money through government grants and accumulating all earnings on your investments — tax-free.

Chevron icon View

Save for post-secondary education for your children or grandchildren

 


 

Money grows, tax-sheltered

 


 

Government grants, learning bonds and more can increase your savings significantly

 

More on RESP

TFSA

A Tax-Free Savings Account (TFSA) is an individual investment plan that allows you to save and grow your money while earning tax-free investment income.

Chevron icon View

Your money grows, tax-free

 


 

Annual contribution limits are set by the government

 

More on TFSA

RDSP

The RDSP is a tax-deferred savings vehicle designed to help parents and others save for the long-term financial security of people with severe disabilities.

Chevron icon View

 

Money grows, tax-sheltered

 


 

Government grants and savings bonds can increase your savings significantly

 

More on RDSP

Products

The trick is to know which investment product to choose for which type of account. Each account has its own rules and tax treatment. It can get a little murky sometimes, even to experienced investors — just one more reason to work with a Libro Coach to pick the best investment type for your goals.

Mutual Funds

Mutual funds* are a collection of stocks and bonds that are funded by shareholders (unit holders). They are professionally managed and diversified to spread risk.

Chevron icon View

A mix of investments that fit your investment goals and risk appetite

 


 

Socially-responsible mutual fund* options are available through our partner, Credential Asset Management Inc.

 

More on Mutual Funds

VirtualWealth

VirtualWealth is a simple online investing service that provides you with a professionally managed, low-cost portfolio to match your personal financial goals.

Chevron icon View

Digital advice online investing service

 

More on Virtualwealth

GIC/Term Deposits

A Guaranteed Investment Certificate (GIC) allows you to lock your money in and let interest build. Your money has nowhere to go but up!

Chevron icon View

100% guaranteed investment principal

 


 

Term deposits from 30 to 365 days

 


 

GICs from one to five years

 

More on GIC/Term Deposit

Investment Shares

When you invest in Libro Investment Shares, you join us in promoting a thriving local economy, while gaining a solid financial return.***

Chevron icon View

Libro Class I Investment Shares are an exclusive investment opportunity for Libro Owners. We currently have a waitlist for all investment shares.

 

More On Investment Shares

Qtrade Direct Investing**

Qtrade Direct Investing** is Libro’s preferred solution for Owners who want to manage their own investments, or a portion of their own investments.

Chevron icon View

Online option for managing your own investments

 

More on Qtrade

*Mutual funds, other securities and securities related financial planning services are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. Mutual funds are offered through Credential Asset Management Inc.

**Online brokerage services are offered through Qtrade Direct Investing, a division of Credential Qtrade Securities Inc. Qtrade, Qtrade Direct Investing, and Write your own future are trade names and/or trademarks of Aviso Wealth Inc.

***1. Dividends (taxed as interest) are not guaranteed to be declared annually and are non-cumulative 
2. There is no market through which these securities may be sold. 
3. The securities offered are not deposits. The securities offered are not insured. The dividends on the securities are not guaranteed. 
4. Class I Investment Shares are subject to the transfer and redemption restrictions under the Credit Unions and Caisses Populaires Act, 1994 and the restrictions under the Offering Statement.

Find the nearest Libro location