Q&A: The History of RRSPs

A reader wants to know when RRSPs were started?

Q – When were RRSPs started? – James S.

A – Legislation creating RRSPs was introduced by the Liberal government of Louis St. Laurent in 1957. The plans officially started in 1958, at which time the Progressive Conservatives under John Diefenbaker had taken power in Ottawa. – G.P.

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