Is this guide for you? . |8 n# ?; Y# T/ e$ e9 t3 S7 G
Use this guide if you want information about participating " l) p8 D0 E# I' S: lin the Lifelong Learning Plan (LLP). $ w0 V0 g: D0 f! p) G) t
The LLP allows you to withdraw amounts from your ! b' N0 t2 L4 X7 V: j9 M
registered retirement savings plans (RRSPs) to finance 4 _1 Y& @) X+ V6 X0 n0 qtraining or education for you or your spouse or / @" y6 J5 Z7 ]$ K9 I1 pcommon-law partner. You do not have to include the * F5 x, n' v; R( D' v( h
withdrawn amounts in your income, and the RRSP issuer * I; H+ C+ \# R2 twill not withhold tax on these amounts. . g: p) _8 J# j
You have to repay these withdrawals to your RRSPs over a $ { D9 j( S( [. e# Wperiod of no more than 10 years. Any amount that you do " P9 }( q, D k# n5 Inot repay when it is due will be included in your income $ w+ N0 l5 T% s* cfor the year it was due.