"The Registered Retirement Savings Plan is the biggest scam that the Canadian government has brought forth onto the Canadian people aside from the Canada Revenue Agency itself. What happens here is they tell you that if you contribute a little bit of money to your RRSP that your taxes will be a little bit less because they are deferring taxes to a later date. It's true, they do defer taxes to a later date and all of you find that out when you get into your 60s and 70s and start cashing out your RRSP's and find out you've got a whopping 30% tax bill right there on the spot. In fact, every bank and every broker out there will tell you that it's the law and that they absolutely have to give that 30% to the CRA even if you don't owe tax. Even if you have a court order that says you don't owe tax, they will still give your money away. Sound like a scam to you? All the banks and all the brokerage houses out there got it wrong. There is no law that says they have to give the 30% over. It's merely a CRA policy. What I'm telling you here is you're going to lose 30% no matter what. The CRA will not give you back the money even if they owe it to you. That's called a scam. That's theft. All of you out there need to comprehend this and stop wasting your time being involved with the Canadian government in any way whatsoever. If you're on a T4 or a T4A, do not make RRSP contributions. Take the money and put it into either property or crypto. You're wasting your time with any other investment in Canada."