Question: 1 ) What are the differences between RRSP and TFSA? Briefly describe how each one works. What are the advantages of RRSP over TFSA? What

1)

What are the differences between RRSP and TFSA? Briefly describe how each one works. What are the advantages of RRSP over TFSA? What are the advantages of TFSA over RRSP

?

What are the advantage of each

(

RRSP and TFSA

)

over a regular taxable investment account?

[20

marks

] 2)

Define ETF and Mutual Funds. What are the differences between a Market Index ETF and a Market Index Mutual Fund?

[20

marks

]

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