B2B Trust and Canada Life have signed an agreement for the distribution of RRSP loans, the two companies said Tuesday.

The newly signed agreement will provide preferred rates on RRSP loans to Canadian investors who purchase eligible Canada Life segregated fund policies offered through licensed advisors and insurance agents.

“Adding Canada Life to our list of distribution alliances for RRSP loans provides even broader investment options to managing general agencies and insurance agents across the country,” says Susi McCord, senior vice president, marketing and distribution at B2B Trust.

“The RRSP loan program provided by B2B Trust complements our wide variety of products and will help fulfill the diverse investment needs of our clients,” says Michael Campbell, vice president, market development at Canada Life.