If you’re like many Canadian investors, you’ve already started planning for your retirement years through savings vehicles like Registered Retirement Savings Plans (RRSPs), typically with a balanced portfolio of fixed-income investments such as bonds and equities to ensure you are properly diversified.

It’s tax season, a time when many people’s thoughts turn towards their tax refund and what they’ll do with it. Should you put it towards your mortgage, add it to your RRSP or make a TFSA contribution?

For many Canadians, their mortgage is often their largest debt and one of their greatest monthly expenses. Yet less than half seek the necessary advice to understand how it impacts their overall financial plan, according to a recent study conducted by IG Wealth Management, in partnership with Pollara Strategic Insights.