What is a Non-Registered Account?

A non-registered account (often referred to as an “OPEN Account or Cash Account”) offers flexibility to save and invest toward any goal. At CG Wealth Management, the money you put in your OPEN account will be invested in a professionally-built portfolio tailored to your financial objectives.


  • No, contributions to a non-registered account are not tax-deductible and will not reduce your taxable income. Speak to us about a FHSA or RRSP to earn tax deductible contributions.

  • An OPEN Account is tax favourable not tax free. Investments held within the plan are taxed differently through interest, dividend and potential capital gains or losses. Reach out to our team to provide strategies to manage these effectively.

  • There are no withdrawal fees for your OPEN account. However, selling investments may trigger taxable capital gains.

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