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Comment Re:Seeing alot of misinformation... (Score 1) 1309

*** You can, however, put money into a retirement savings plan, and that investment is tax free, and the growth on that investment is also tax free

Some minor but important differences between Retirement Plan (RRSP) in Canada vs. 401K Plan in the US is that

  1. $$ that goes into 401K does not count as part of the gross income while RRSP does.
  2. 401K only allows 12% of Gross Income or 13K whichever is less but RRSP allows 20% or 20K ?? (last I remember) whichever is less

Education is definitely cheaper and better. You don't have Ivy League but lots of very decent colleges at a 1/3 or 1/4 the cost of an equivalent college in the US

Food is definitely more expensive though

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