Where Do Our Funds Come From?

NEW Investor Services brochure!

Click for digital brochure to read online or print: Investor Services brochure

Stewards Canada has four funds sources which are used to make mortgage loans. They are:

Demand Variable Rate Bonds

Investors who wish to support the work of Stewards Canada while making a rate of return are issued bonds carrying a variable interest rate. The rate on Stewards Canada Demand Variable Rate Bonds effective January 1, 2023 is 3.25% paid semi-annually. The bonds are redeemable at any time at the discretion of the bondholder. For more information, please read the Offering Memorandum.

If you wish to invest in Stewards Canada bonds, please contact us here.

Registered Retirement Savings Plan (“RRSP”)

Stewards Canada operates an RRSP, registered with the Canada Revenue Agency, for Christians who want to invest for retirement and obtain a receipt for reducing their taxable income. This is a unique investment opportunity that allows for a steady pension investment return, backed by mortgage-based securities.

The rate of return of the Stewards Canada RRSP for the past ten years has been as follows:

2021 calendar year – 4.53%
2020 calendar year – 4.79%
2019 calendar year – 5.18%
2018 calendar year – 5.85%
2017 calendar year – 5.29%
2016 calendar year – 5.3%
2015 calendar year – 6.13%
2014 calendar year – 5.42%
2013 calendar year – 3.64%
2012 calendar year – 4.34%

For those who wish to contribute to a Stewards RRSP, funds can be contributed directly, or can be transferred to a Stewards RRSP from existing plans with other sponsors.

RRSP Application: RRSP application

RRSP Transfer form: Transfer form

Beneficiary form: Beneficiary form

Registered Retirement Income Fund (“RRIF”)

Stewards Canada also operates an RRIF, registered with the Canada Revenue Agency, for Christians who want to begin withdrawing periodic payments from their previously-invested RRSP funds. The Stewards RRIF is also backed by mortgages which support the growth of Brethren assemblies and church. The Stewards RRIF enjoys steady growth and is not subject to the fluctuations common to equity markets.

The rate of return of the Stewards Canada RRIF for the past ten years has been as follows:

2021 calendar year – 5.08%
2020 calendar year – 5.2%
2019 calendar year – 4.24%
2018 calendar year – 4.79%
2017 calendar year – 5.28%
2016 calendar year – 5.2%
2015 calendar year – 4.86%
2014 calendar year – 3.47%
2013 calendar year – 4.29%
2012 calendar year – 4.69%

RRIF Application: RRIF application

RRIF Transfer form: Transfer form

Beneficiary form: Beneficiary form

Tax Free Savings Account (“TFSA”)

Stewards Canada now offers a tax free saving account program, registered with the Canada Revenue Agency, for Christians who want to invest in a TFSA. The funds are invested in church mortgages similar to our bond, RRSP and RRIF funds.

The rate of return of the Stewards Canada TFSA since its establishment in 2020:

• 2021 calendar year – 4.06%
• 2020 calendar year – 3.20%

Once a TFSA account has been established, funds can also be transferred from an existing TFSA with other financial institutions. Please contact your financial institution. The contact information for Stewards that will be necessary, would be Stewards Canada, 2020-30 Intermodal Drive, Brampton, ON L6T 5K1

TFSA Application – TFSA application

TFSA Transfer form: Transfer form

Beneficiary form: Beneficiary form

Please note these forms are Fillable & Printable pdfs