What is my net out of pocket cost on a LSIF investment?

Depending on your marginal tax bracket, investing in a Labour Sponsored Investment Fund in your RRSP can reduce your net out of pocket cost. Let's take two examples; $7,500 and $5,000.

$7500.00 Investment

$5000.00 Investment

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Tax Tip: An investment in an LSIF can provide you with up to $1,875 in tax credits.