The answer is yes. The decision to contribute to your RRSP has nothing to do with how markets evolve. The types of investments chosen will depend on your investor profile.
In times of upheaval, some people prioritize capital protection and secure investments, while others see an excellent opportunity for making gains.
Opting for savings by regular instalments lets you save regularly and “get in on the market” at various times, which minimizes volatility or major portfolio fluctuations.
In addition to its tax advantages, an RRSP lets you fulfill certain objectives sooner, such as retirement, returning to school or the purchase of a first primary residence.