If I had no income last year, will my RRSP contribution still provide a tax refund?

Jamie Golombek, vice-president of taxation and estate planning at AIM Trimark Investments, has the answer.

Jamie Golombek 10 December, 2003 | 2:00PM

Dear Expert:

If I have RRSP contribution room of $20,000 and have had no income this past year, can I contribute $20,000 in my RRSP and expect a tax refund of any sizeable amount?

Expert Opinion:

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Jamie Golombek

Jamie Golombek  

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