Maple Groove's RRSP vs IPP Calculator

IPP vs RRSP — corporate owner comparison

Select your province to load the correct corporate tax rates, then adjust the sliders to model your scenario. This calculator is for illustration purposes only and is not intended to provide financial or pension advice. Results are estimates based on the inputs provided and may not reflect actual rates, future market conditions, and legislative changes. Please consult a qualified professional before making any financial decisions. Thank you for trying out the beta version and for all the amazing feedback. Collaborative input helps us all get in the groove.

Click your province or territory to begin
No province selected — click the map above
Wealth accumulation over time
6%
20 yrs
IPP accumulated (pre-tax corporate growth)
RRSP accumulated (post-tax, after deduction refund)
Corporation — income statement
Pre-tax
$700,000
$180,000
$160,000
Revenue$700,000
Operating expenses-$180,000
Owner salary (deductible)-$160,000
IPP contribution (deductible)-$35,000
Effective corporate tax rate11% (SBD rate)
Taxable income$325,000
Corporate tax-$35,750
Net retained earnings$289,250
Personal — tax return
Post-salary
47
$35,000
$29,780
Salary income$160,000
Personal tax (before RRSP deduction)-$58,320
RRSP deduction refund+$14,294
Net tax paid (RRSP scenario)$44,026
After-tax spendable (RRSP)$85,974
After-tax spendable (IPP)$101,680
Marginal rate on salary48%
IPP — dollars invested
$35,000
RRSP — net cost to owner
$15,486
Corp. tax saved by IPP deduction
$3,850
Personal tax avoided (IPP route)
$14,294
Total annual tax advantage
$18,144
Max IPP room (age-based)
$42,300
Combined corporate + personal annual tax advantage of IPP over RRSP route: $18,144 / year
Money flow — where do the dollars actually go?
Scenario A — RRSP route: salary → personal tax → RRSP
Corporate profit
$360,000
Salary paid out
$160,000
Personal tax (net)
-$44,026
Into RRSP
$29,780
Spendable + RRSP invested
$115,754
Scenario B — IPP route: contribution stays in corporation
Corporate profit
$360,000
IPP contribution (pre-tax)
$35,000
Salary paid out
$160,000
Personal tax (no RRSP)
-$58,320
IPP invested + spendable
$136,680
Corporate tax rates last verified April 2026. Always confirm current rates with a qualified tax advisor.
Schedule Your IPP Call