Beyond Wealth ManagementPattison Agriculture

Your group retirement plan · Canada Life

Your workplace savings plan, in one page

The parts of the 2026 "Getting started" guide that matter most: what goes in, what Pattison adds, and how to pick your investments.

You contribute
1% to 5%
of your earnings
DPSP vesting
2 years
of plan membership
2026 RRSP deadline
Mar 1, 2027
to deduct from 2026 income

Two accounts

Your retirement savings program

You save into a group RRSP. Pattison contributes to a DPSP. Together they build your retirement income.

Group RRSP · you
DPSP · Pattison
Eligibility
RRSP: Join at any time.
DPSP: Join at any time.
Regular contributions
RRSP: 1% to 5% of your earnings, up to a maximum amount.
DPSP: Confirm employer contributions in your member booklet.
Voluntary contributions
RRSP: Extra payroll contributions, lump sums from your bank account, or transfers in from another RRSP.
DPSP: Not applicable.
Vesting
RRSP: Not applicable.
DPSP: Vested after two years of plan membership.
Withdrawals
RRSP: Regular contributions: not while employed. Voluntary contributions: permitted. Home Buyers' Plan and Lifelong Learning Plan: permitted.
DPSP: Not while employed (if applicable).

You contribute

Group RRSP

  • Contributions lower your taxable income.
  • Growth is tax-sheltered while it stays in the plan.
  • Withdrawals are taxed as income.
  • Works with the Home Buyers' Plan and Lifelong Learning Plan.
  • You track your own contribution room.

Pattison contributes

Deferred profit-sharing plan

  • Pattison shares a portion of profits as your retirement savings.
  • Only Pattison contributes.
  • Growth is tax-sheltered while it stays in the plan.
  • Withdrawals are taxed as income.
  • Shows as a pension adjustment on your T4.

Tax year 2026

RRSP contribution limits

Deadline
March 1, 2027
Contributions by this date can be deducted from your 2026 income.
Deduction limit
$33,810
Or 18% of your 2026 earned income, whichever is lower.

Your exact limit is on your Canada Revenue Agency Notice of Assessment. Unused room from past years adds to it.

Pick how hands-on to be

Choose your investment approach

  1. No touchTarget date fundsPick your retirement year. The fund does the rest.See the funds
  2. Low touchTarget risk fundsMatch one fund to your comfort with risk.See the funds
  3. High touchBuild your ownChoose and rebalance your own mix.See the funds

No touch

Target date funds

One fund built around the year you plan to retire. Its mix gets more careful as that year gets closer.

  • Retire 2028 to 2032LifePath 2030
  • Retire 2033 to 2037LifePath 2035
  • Retire 2038 to 2042LifePath 2040
  • Retire 2043 to 2047LifePath 2045
  • Retire 2048 to 2052LifePath 2050
  • Retire 2053 to 2057LifePath 2055
  • Retire 2058 to 2062LifePath 2060
  • Retire 2063 or laterLifePath 2065

All are BlackRock LifePath funds. Example: retiring in 2048 means the 2050 fund.

Low touch

Target risk funds

Five funds, from conservative to aggressive. Take the investment personality questionnaire at canadalife.com/ipq, then match your score. Switch funds if your goals or comfort with risk change.

  1. ConservativeScore 105 or less
  2. ModerateScore 106 to 135
  3. BalancedScore 136 to 164
  4. AdvancedScore 165 to 199
  5. AggressiveScore 200 or more

Each level has a matching PSG Continuum Fund, for example the Balanced PSG Continuum Fund.

High touch

Build your own portfolio

  1. 1

    Take the questionnaire and review the suggested asset mix.

  2. 2

    Choose your funds using the fund reviews and reports.

  3. 3

    Check in and rebalance. Your score changes, and markets move.

If you don't choose

The default fund

Skip the choice at enrolment and your money goes to the BlackRock LifePath fund closest to your 65th birthday. It may not fit your goals. You can move out of it at any time.

Not sure which approach fits you?

Send a question to the presenters. It is anonymous unless you add your name.

Ask a question

Source: Canada Life, "Getting started in your workplace retirement and savings plan", Pattison Agriculture Ltd, June 2026. Confirm amounts in your member booklet.