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Stock impact report

1 TSX Stock to Safely Hold in Your RRSP for Decades [Yahoo! Finance Canada]

Brookfield Infrastructure Partners LP Limited Partnership Units (BIP) 
Last brookfield infrastructure partners lp limited partnership units earnings: 2/10 06:44 am Check Earnings Report
US:NYSE Investor Relations: bip.brookfield.com/en
Once you begin working and filing income taxes in Canada, you start accumulating contribution room for a Registered Retirement Savings Plan ( RRSP For long-term investors, this account is one of the most powerful wealth-building tools available — not because of what you put into it, but because of how long your money is allowed to compound. RRSP contributions reduce your taxable income today, while investments inside the account grow on a tax-deferred basis. That makes the RRSP ideal for assets designed to compound steadily over decades, such as high-quality stocks. While withdrawals are generally taxable, programs like the Home Buyers' Plan (HBP) and Lifelong Learning Plan (LLP) offer limited flexibility, reinforcing the idea that RRSPs are best reserved for long-term retirement goals. Given that multi-decade time horizon, stocks — despite short-term volatility — have historically delivered the strongest real returns. The key is choosing businesses durable enough to survive Show less Read more
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