2009-11-29
Hello, I should note first of all that exemptions do vary somewhat from province to province and you should always check with one of our trustees in your jurisdiction. Pension Plans, RRSPs and RRIFs have been exempt in Saskatchewan for some time. However, Tax Free Savings Accounts are not and would be required to be taken by the Trustee as, for that matter, would RESPs. It is also possible that if an individual had large amounts in RRSPs that the court could order the payment of funds into the bankruptcy as part of a conditional order of discharge. This would depend on the age of the individual, the amount of the RRSPs, whether they are "locked in" etc. Please call us if you require any further information. Ian Schofield MNP Regina 306-790-7904
2026-07-13
MNP Consumer Debt Index
Atlantic Canadians (68%) are more likely than those in other provinces to say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, three in five Canadians (61%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
2026-07-13
MNP Consumer Debt Index
According to the latest MNP Consumer Debt Index, nearly three in five British Columbians (58%) say at least half of their income is already committed to bills, debt payments, and regular expenses before it arrives.
