In 2024 we launched a generous 2-for-1 RRSP contribution plan, with employer contributions stepping up at the 1, 3, and 5 year employment anniversaries. In 2025, government funding cuts hit our volume hard and we had to pause the program. It will return as soon as it's financially feasible.
Employees contribute 2%, 3%, or 5% of earnings depending on tenure, and we match at 4%, 6%, or 10%. At the top step, that's a 15% total RRSP contribution each year, leaving 3% of contribution room unused.
Pro-tip: We chose RRSPs over a traditional pension so employees can put their retirement contributions toward a down payment on a home through the Home Buyers Plan (HBP).