Services to individuals


Our representatives can help you evaluate the benefits provided by each of the products on the market and make informed choices among the many investment products available.

They will help you develop customized financial solutions that best suit your objectives and needs, including your tolerance for risk.

Products and accounts

A complete offer

Mutual Funds

Segregated Funds




Term certain annuities

Variable annuities

Life annuities



Registered or non-registered annuities

LIRA – Locked-in RRSP





Mutual Funds

A mutual fund investment is an investment portfolio owned by an investment company which manages the capital of a large number of investors, to invest it in shares, bonds, and other securities without losing sight of the investment objectives. The capital you contribute to a mutual fund enables you to buy shares, or units, of that fund. Funds vary according to the types of investment objectives, the style of management, and the type of investment in a particular fund.

Botica Financial Group represents the major mutual fund companies on the Canadian market. Our financial advisors can help you determine which funds fit your financial goals and profile.


Segregated Funds

Similar to mutual funds, segregated funds manage the capital of a large number of investors, to invest it in shares, bonds and other securities without losing sight of the investment objectives. A segregated fund is similar to a mutual fund investment however, it is comprised of additional characteristics for it is governed by the Insurance Act.

Maturity Guarantee

The maturity guarantee protects a percentage of the investment at the end of a specified term (normally 10 years).

Possible protection against creditors

A separate fund can be protected in bankruptcy if you have designated a preferred beneficiary, and the annuitant did not deliberately sign the contract in order to evade its creditors.

Death benefit guarantee

The death benefit guarantee protects a percentage of the investment upon the death of the contract annuitant.

Possibility of bypassing the delays and probate fees

Probate is a legal process by which a provincial court confirms the validity of your will and which essentially allows for the transfer of your assets to your beneficiaries. Provincial governments impose probate fees – which correspond to a percentage of your estate.

However, in the cases of segregated funds, probate fees can be avoided, for the proceeds of an insurance contract are directly transferred to a named beneficiary.

Botica Financial Group represents the most important companies on the Canadian market. Our financial advisors can help you determine which funds fit your financial goals and profile.

Guaranteed funds

Guaranteed investment certificate (GIC)

A certificate issued by the bank for a duration of 30 days (short-term deposit) or more, with fixed interest rates.

Guaranteed funds

Guaranteed interest fund (GIF)

Similar to the traditional GIC’s for you deposit and obtain a return on the dividends and interests however, you sign a contract with an insurance company, which allows you to benefit automatically from the exclusive advantages of that company’s products, that is; named beneficiaries and creditor protection



Either one or several deposits in an insurance company, which, in exchange provides you periodically with income payments made up of interest and capital which are determined according to age, current interest rates, the period during which the payments are guaranteed, the amount of money that will serve to pay the annuity.

  • Annuities can satisfy various needs, such as :
  • The need for periodical income payments during one’s entire lifetime
  • The need for pre-determined income payments
  • As part of a retirement plan in order to receive a constant stream of payments
  • Need for a simple form of investment plan to avoid juggling constantly with different investment options
  • Diversified investment portfolio
Life annuities

Life annuities provides you with guaranteed periodical income for one’s entire lifetime. They can be taken out by a single individual or be made reversible, that is, during one’s individual’s lifetime and then transferred to another individual. Finally, they can be taken out with or without a guaranteed period of time.

Term certain annuities

An annuity certain provides you with guaranteed pre-determined payments. Once the pre-determined period has come to its end, the payments cease, thus bringing an end to the contract.

Variable annuities

Variable income annuities provide payments which fluctuate according to the income perceived from a distinct investment account. For more information, contact us at

Registered or non-registered annuities

A consultant will best be able to evaluate your situation and allow you to benefit from preferential fiscal treatment.

Products and accounts

Types of accounts


Tax Free Savings Account


This is a registered account where the income earned (ie. interest or capital gains) is tax free, even when it is withdrawn from the account.

You can contribute a maximum of $ 5,500 per year to a TFSA. The contributions you make are not deductible for tax purposes.

In general, the types of eligible investments in a TFSA are the same as those eligible in a registered retirement savings plan (RRSP). This includes mutual funds, listed securities, guaranteed investment certificates (GICs), bonds and certain shares of companies exploiting a small business.


Registered Retirement Savings Plan


An RRSP is a registered account that allows you tax-sheltered investments prior to withdrawal. According to certain conditions, each dollar that you invest in a retirement savings plan reduces your taxable income. Once you have invested in a RRSP, it can be tax-deferrable until its withdrawal.

The main purpose of an RRSP is to provide you with retirement income, Canada Revenue Agency stipulates that you must start withdrawing tax-deductible income after December 31 st of your 71’th year. However, this does not mean that your savings are out of reach until that moment. If you require emergency funds, you may, for example, present a simple withdrawal request and pay the applicable income on it.

Registered Retirement Income Funds represent one of the best fiscal plans proposed by the Canadian government.


Life Income Fund and Locked-in Retirement Income Fund


Life Income Fund (LIF) and Locked-in Retirement Income Fund (LRIF) allows you to grow tax-free during your retirement payments from your LIRA or locked-in RRSP or from your locked-in investment.

Many Canadians have locked-in funds such as locked-in RRSPs, LIRAs and registered pension plans. For many years, the pension was the only choice of withdrawal of these funds. Now in many provinces, it is possible to transfer funds to a life income fund (LIF), with a flexibility of arrears and a minimum withdrawal, but (instead of the RRIF) with a maximum limit.

In all provinces except Quebec and New Brunswick, investors who reach 80 years should use the remaining funds in their LIF to purchase a life annuity.

  • You must transfer the investments you hold in your LIRA, LRSP or LIRA to a LIF or LRIF at the latest December 31 of the year you turn 71.
  • Once you have entered your lifetime withdrawals, you must withdraw each year an amount that is between a minimum and a maximum prescribed by the tax rules. The maximum withdrawal is explained by the fact that this amount will be sufficient to provide an income until your death.
  • The money you withdraw from your LIF or LRIF are included in your taxable income for the current year.


Registered education Savings Plan


The Registered Education Savings Plan (RESP) allows you to easily accumulate capital for post-secondary education for your children or grandchildren. By investing in an RESP, you enjoy advantageous Government grants and your savings grows tax-free.


You decide how much you want to invest and at what frequency


Investment income and grants are tax-free


Maximum contribution of $50,000 per beneficiary

An RESP is one of the best ways to invest in your child’s future. The government grants that are added to your contributions are equivalent to an impressive return of at least 30%.

Canada Education Savings Grant (CESG): up to $500 per year, for a maximum of $7,200
Québec education savings incentive (QESI): up to $250 a year, for a maximum of $3,600

The Canada Learning Bond (CLB) – This link will open in a new window. helps modest-income families save toward the education of children under the age of 15. Eligible families receive an initial amount of $500 the first year the RESP is opened. After that, the CLB pays an additional $100 per year up to a maximum of $2,000 each year the family remains eligible.


Registered disability savings plan


A registered disability savings plan (RDSP) is a savings plan that is intended to help parents and others save for the long term financial security of a person who is eligible for the disability tax credit (DTC).

Contributions to an RDSP are not tax deductible and can be made until the end of the year in which the beneficiary turns 59. Contributions that are withdrawn are not included in income for the beneficiary when they are paid out of an RDSP. However, the Canada disability savings grant (grant), the Canada disability savings bond (bond), investment income earned in the plan, and rollover amounts are included in the beneficiary’s income for tax purposes when they are paid out of the RDSP.

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