“Should your RRSP pay for long-term care insurance?,” by Alexandra MacQueen, The Globe and Mail

“Allow Canadians to withdraw funds from their registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) on a tax-deferred basis to purchase long-term care insurance policies. That’s the proposal put forward by CALU, the Conference for Advanced Life Underwriting, a national membership association for established insurance, tax, financial, accounting and actuarial professionals, as part of the standing committee on finance 2018 pre-budget consultations.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
A good idea for the U.S. to consider also, but based on past efforts and current fiscal conditions, a long shot.

Should your RRSP pay for long-term care insurance?

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