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Individual Loan Rates
You have several possibilities to increase returns using a leveraging strategy. It’s particularly useful for clients who have a portfolio of non-registered assets.
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Prime Rate (PR)
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Industrial Alliance Pacific’s prime rate is fixed according to the Royal Bank of Canada’s prime rate.
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RRSP Loan Rate
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The RRSP loan is the ideal tool to help you make or even increase contributions to your RRSP while benefiting from a very competitive interest rate.
In addition, by using your income tax return to repay part of your loan, you increase your RRSP contributions while retaining the same monthly payment.
| RRSP loan rate |
Loan amount |
| 36 and 48 months |
Not available |
PR* + 2.25% |
| 24 months |
PR* + 2.25% |
PR* + 1.25% |
| 12 months |
PR* + 2.25% |
PR* + 0.75% |
* PR = prime rate
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Investment Loan Rate (Non-Registered Savings)
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The investment loan is an effective tool to increase your investments’ growth potential using a leveraging strategy. It’s particularly useful for clients who have a portfolio of non-registered assets.
| Investment loan rate |
$10,000 to
$50,000 |
PR* + 1.75% |
PR* + 0.75% |
$50,001 to
$100,000 |
PR* + 1.50% |
PR* + 0.75% |
$100,001 to
$250,000 |
PR* + 1.25% |
PR* + 0.75% |
$250,001 to
$500,000 |
N/A |
N/A |
* PR = prime rate
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RESP Loan Rate (Education savings)
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Build a tax-sheltered fund to finance your child’s post-secondary studies. The Registered Educational Savings Plan (RESP) is the ideal financial vehicle to help you save for the increasing costs of a child’s education.
| RESP loan rate |
| PR + 0.75% |
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