Is this guide for you? 9 g2 H9 S& I5 e4 S3 q. r. C, NUse this guide if you want information about participating 2 U2 g0 o# @/ k7 d
in the Lifelong Learning Plan (LLP). * N. L# h& t# [The LLP allows you to withdraw amounts from your ) `+ U& I9 V/ n1 `$ X4 c8 x. D" f8 I
registered retirement savings plans (RRSPs) to finance ( T% w3 U# O4 e B$ P
training or education for you or your spouse or 0 d1 A4 a! U$ U3 i5 y
common-law partner. You do not have to include the _ j0 j( l2 R; S Q
withdrawn amounts in your income, and the RRSP issuer . v1 n3 y$ n- y
will not withhold tax on these amounts. ! l* N) V9 ~* a8 PYou have to repay these withdrawals to your RRSPs over a 5 w. Q8 E X' x7 J" d0 xperiod of no more than 10 years. Any amount that you do ! m" Z( Y2 S/ A3 ^4 K7 Q/ X6 n
not repay when it is due will be included in your income 2 J0 o9 L2 u9 S4 L# S+ Hfor the year it was due.