2020 – 2021 RRSP season extended hours

During the final weeks of the RRSP season, we will be extending our Client Services' hours to assist in answering any questions you may have.


RSP Loans  

Investment Accounts  

Monday, February 15 
(Family Day – AB, BC, NB, ON, SK)

8:00 a.m. – 8:00 p.m. ET

Saturday, February 20

9:00 a.m. – 5:00 p.m. ET

Monday, February 22
Tuesday, February 23

8:00 a.m. – 8:00 p.m. ET

Wednesday, February 24 –
Friday, February 26    

8:00 a.m. – 9:00 p.m. ET

Saturday, February 27

9:00 a.m. – 5:00 p.m. ET

Monday, March 1

8:00 a.m. – 11:59 p.m. ET

8:00 a.m. – 9:00 p.m. ET

Important reminders

With the RRSP season quickly coming to a close, we’re providing key dates and information to help you with your clients' RRSP contributions.

First 60-day contribution receipts

For your clients to be eligible for first 60‑day contribution receipts, RSP Loan applications and supporting documentation must be received in good order at B2B Bank by 5:00 p.m. ET on Monday, March 1, 2021. EASE is available until 11:59 p.m. ET on March 1, 2021 for new loan submissions. Paperwork for outstanding EASE applications that are received in good order after this deadline will result in clients receiving a 2021 contribution receipt. We recommend you contact the trustee for information about their final date for issuing first 60-day contribution receipts.

RSP Loans

To help reduce loan application delays, we encourage you to use EASE. Refer to our RSP Loan Checklist located on the last page of the loan application to ensure you've accurately completed the application and submitted all required support documentation.

Important: If using EASE, ensure that you obtain all required client signatures on the application prior to submitting the loan documentation.

RRSP Accounts

Cash or in-kind contributions to a B2B Bank Dealer Services RRSP account and/or a B2B Bank Deposit RRSP account made between January 1 and March 1, 2021, may either be used against 2020 or 2021 income. Beginning March 2, 2021, contributions to these accounts can be used towards 2021 income.

Should you have any questions, please contact B2B Bank Client Services at 1‑800‑263‑8349 or B2B Bank Dealer Services at 1‑800‑387‑2087.

RRSP contributions cannot be deducted from income in all circumstances. Potential tax refunds are dependent on a number of factors, and making an RRSP contribution will not yield a tax refund in all circumstances. Consult a qualified tax professional for more information. This communication is intended exclusively for licensed financial advisors and head offices and is for information purposes only. It can be distributed internally to all representatives of head offices. This communication is not intended for distribution to the general public. B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada. B2B Bank does not provide investment advice to individuals, dealers or financial advisors and does not endorse or promote any investment products, programs or strategies. The dealer and financial advisor, not B2B Bank, are responsible for determining the suitability of investments for their clients and for informing them of the risks associated with borrowing to invest. The B2B Bank RSP Loan program is available exclusively through licensed financial advisors. B2B Bank acts solely in the capacity of lender and loan account administrator. Any loan approval from B2B Bank should not be construed as an endorsement of any investment choice, program or strategy. All RSP loans are subject to credit approval and borrowed monies are due and payable regardless of the performance of the investments purchased. B2B Bank Dealer Services includes B2B Bank Financial Services Inc. (an MFDA member), B2B Bank Securities Services Inc. (an IIROC member, Member – Canadian Investor Protection Fund) and B2B Bank Intermediary Services Inc. (an AMF-regulated dealer operating in Quebec). ®B2B BANK is a registered trademark of B2B Bank.