Is this guide for you? 0 N( c' d- C; g; \# W- ~* _6 L: Z
Use this guide if you want information about participating " i/ t, _! j( T2 X9 h' X8 \2 |in the Lifelong Learning Plan (LLP). + ]- [* x/ ^; h6 R2 ^The LLP allows you to withdraw amounts from your " x/ D: `9 z8 \/ V5 x/ i
registered retirement savings plans (RRSPs) to finance ; T; l8 [ U$ B; w% ^6 |2 [7 a
training or education for you or your spouse or + n7 b% V4 Y0 X, I8 s
common-law partner. You do not have to include the ; p# B, P" i" c0 q
withdrawn amounts in your income, and the RRSP issuer * ]1 [3 T+ [6 q2 v$ t+ V/ I
will not withhold tax on these amounts. 4 j5 x9 G4 T$ j' O' YYou have to repay these withdrawals to your RRSPs over a ; U& n4 U) B/ N6 ?+ Eperiod of no more than 10 years. Any amount that you do ) b3 A! ?* [) i: R+ f) Hnot repay when it is due will be included in your income 9 S# X$ m ?" A; O% R8 y+ s cfor the year it was due.