Warning !The information entered in this tool will not be saved. We suggest that you print out the balance sheet once you’ve completed it.

Your assets

Pay special attention to the amounts entered for your registered plans, such as RRSPs, under YOUR ASSETS . The amounts you withdraw from these plans are added to your income and are taxable. Enter the after-tax amounts. If you do not know the exact amount of tax payable, you might want to speak to a representative.

Your assets You Your spouse
Your total assets 0,00 $ 0,00 $
Total for both spouses 0,00 $
Chequing or savings accounts
Tax-Free Savings Account (TFSA)
Surrender value - life insurance
Non-registered investments**
Pension plan with your employer
Real estate
(home, cottage or other)
Commercial property
(equipment, inventory, etc.)
Other assets

Your debts

Under YOUR DEBTS, include purchases for which  a certain amount is paid each month. For example, if you just purchased a television and will be paying $20 per month for the next 36 months, enter the balance of this debt (e.g. $720).

  You Your spouse Interest rates***
Your total debts 0,00 $ 0,00 $  
Total for both spouses 0,00 $  
Credit card balance
Line of credit balance
Personal loan balance
Car loan balance
Mortgage balance
Student loan balance
Other debts
Net worth
(assets less debts)
0,00 $ 0,00 $
Net worth for both spouses 0,00 $

This balance sheet grid should be adapted to your personal situation, including that of your spouse if applicable.
Speak to a representative if necessary.

* RRSP: Registered Retirement Savings Plan
LIF: Life Income Fund
RRIF: Registered Retirement Income Fund
LIRA: Locked-in Retirement Account

** Non-registered investments do not grow tax-free.

*** Enter the interest rate you pay on your debts. Once you have made the minimum payment for each debt, pay off the debts with the highest interest rates, remembering that some interest is tax deductible, such as certain loans for investment purposes. Consult a representative if necessary.