Skip to content

Non-registered or Open Investment Account

Non-Registered or Open Investment Account

A Non-Registered, Cash or Open investment account is typically only used once you have no more contribution room in your TFSA and RRSP, as a corporate investment account, or if you are borrowing money to invest. When you borrow money to invest, we recommend you put that money in a non-registered account as this way you can deduct the associated interest incurred on the loan.

There are no tax advantages to investing in a non-registered investment account and no contribution limits. Investments in a non-registered account can earn interest or dividend income that is taxed as it is earned or generate capital gains that are taxed as they are realized. This investment income is taxed as it is earned or realized, but withdrawals are not.

This is the type of account we would set up for minors who have money to invest from a Job, a gift from family or an inheritance. A minor cannot own an investment account in Canada, so these are set up as trust accounts. Typically, the minor’s parents or grandparents would manage the account in trust for the minor. Once the minor became an adult the account will roll into the minor’s ownership.

Authorized distributor for The Canada Life Assurance Company, Equitable Life Insurance Company, The Manufacturers Life Insurance Company, Pacific Blue Cross, Sunlife and Benecaid. Manulife & Stylized M Design, and Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.



Advantage Pacific Benefits Consultants specialize in setting up and managing high quality, cost effective, sustainable Group Benefits Plans and Group RRSPs for businesses of all sizes in all sectors.

We also provide administrative services to all our clients at no extra cost, these services include processing new member enrollments, member terminations, beneficiary designations, maintaining all member files, and being available to all plan members to answer questions and help with claims submissions.

We also have internal insurance experts and strategic partnerships with independent portfolio managers to meet any person or businesses need for Investments, Life/Critical Illness/Disability, or Business Overhead Insurance.


Phone: 778-349-8774

[email protected]

1244 4th Ave,
Prince George, BC, V2L 3J4

Monday – Friday: 8:30 AM – 4:00 PM
Saturday: By Appointment
Sunday: Closed
After Hours Appointments Available by Request

© Copyright 2023 – Advantage Pacific Services | Privacy Disclaimer