Is it worth throwing a load of money in to an RRSP just to boost your tax rebate now?

Just calculating my taxes for the year and it looks like i’m about +$600 on both federal and provincial rebate. I do have an RRSP with my previous employer but I changed jobs and haven’t contributed to it this year. I have a few days before the March 1st deadline and have probably about $10,000 I could throw in to it giving me a massive Tax return of +$3000 on both federal and provincial (Quebec) taxes. Obviously this isn’t ‘free money’ as you are taxed later on when you dip in to the RRSP but is this money that’s worth getting now so it can be used for something like investment and try and get a few % on it? via /r/PersonalFinanceCanada https://ift.tt/2tCyb6d
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