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The perks and privilege of PACs
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Reach your goalsThe difference between success and failure isn’t how much money you make, or how smart you are, but how well you conquer the all-too-human tendencies to procrastinate and under-save. Conquer them with a PAC.
Use one of our calculators to quickly and easily determine how much to save to reach your goal.
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Reach them fasterWhen you contribute regularly, even if it’s just a little at a time, you’ll earn compound interest throughout the year (this means that you earn interest on your initial deposit and on the interest you’ve earned). That really adds up - or should we say multiplies - over time!
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You're in controlPay yourself first with a PAC on pay day. By transferring money to your savings or investments automatically, a PAC plan helps you resist spending that cash on something you might not really need.
Plus, you aren't locked in to a commitment of any kind. You can change the amount you save, when you save or stop your PAC altogether, at any time.
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Feel betterFun fact: saving money can have big mental health benefits! Money is the greatest source of stress for Canadians; having a plan in place to make automatic progress on your financial goals can boost your confidence and security.
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