RRSP contribution by a third party may be made provided the payment is at the direction or concurrence of annuitant.


In a May 14, 2019 Technical Interpretation (2019-0799111C6, Doiron, W), CRA confirmed that a payment to an RRSP made by a person other than the RRSP annuitant or their spouse would be treated as a premium paid (for the purposes of a deduction for RRSP contributions) by the annuitant, provided the payment was made at the direction or with the concurrence of the annuitant. The contribution receipt should be issued to the annuitant and not the third party.

If the payment was considered a gift to the RRSP, it would not be deductible but would be included in the calculation of Part X.1 Tax on excess contributions. No receipt would be issued should the payment be considered a gift.

For further information see Video Tax News Monthly Tax Update Newsletter, Issue No. 456.